This article develops a feedback-driven conceptual model for analyzing economic cooperation be-tween the United Arab Emirates and Azerbaijan within a System Dynamics framework. The study ar-gues that bilateral economic relations cannot be adequately assessed only through annual trade vol-umes or foreign direct investment statistics. Instead, UAE–Azerbaijan cooperation should be concep-tualized as a dynamic stock that accumulates through trade, FDI, energy cooperation, green invest-ment, logistics connectivity, tourism mobility and institutional coordination, while being weakened by external shocks, project delays, trade costs and implementation failures. The article identifies eight core blocks of the conceptual model: bilateral trade, FDI and investment cooperation, energy coopera-tion, energy transition and green investment, logistics and corridor connectivity, tourism and mobility, institutional cooperation, and external shocks. It proposes central stocks such as Bilateral Economic Cooperation Stock, UAE FDI Stock in Azerbaijan, Renewable Energy Cooperation Capacity, Logistics Connectivity Capacity, Tourism and Mobility Intensity and Institutional Cooperation Strength. The study also formulates feedback-based hypotheses explaining trade–logistics, FDI–trade–investor con-fidence, energy cooperation–green FDI, logistics–FDI, tourism–mobility–services trade and institu-tional cooperation–economic integration mechanisms.