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Articles about Azerbaijani economy. Market in Azerbaijan, macroeconomics and microeconomics, trends.

State regulation of appraisers needed in Azerbaijan

There is a serious need for state regulation of the appraisers’ activities in Azerbaijan, Vugar Oruj, director of the assessment company Koneko Group and deputy chairman of the Society of Appraisers of Azerbaijan, told Trend. “Inexperienced appraisal companies damage the country’s banking system. I believe there is a serious need …

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Serbian President met with Azerbaijani delegation

Serbian President Aleksandar Vucic has met with the Azerbaijani delegation led by Minister of Economy Shahin Mustafayev. The Serbian President recalled his recent visit to Azerbaijan and asked the Azerbaijani delegation to extend his greetings to President Ilham Aliyev. President Aleksandar Vucic hailed the developing relations between the two countries, …

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Azerbaijan opens trading house in Poland

Azerbaijan’s first trading house has opened in the Polish capital of Warsaw. Addressing the event, Economy Minister Shahin Mustafayev emphasized that the opening of the trading house testifies to the importance the Azerbaijani and Polish heads of state attach to developing economic and trade relations between the two countries. “At …

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Turkey, Azerbaijan to produce freight cars for BTK rail


Turkey and Azerbaijan will jointly produce freight cars for the Baku-Tbilisi-Kars railway (BTK), the Turkish transportation and infrastructure minister said on Wednesday, Anadolu Agency reported. “Turkey and Azerbaijan will set up a plant in Azerbaijan to produce freight cars for BTK railway,” Mehmet Cahit Turhan told reporters after his meeting …

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House of SMEs may open in Baku in 2019

There are plans to open the House of Small and Medium-sized Enterprises (SMEs) in Baku in 2019, chairman of the board of the Agency for the Development of SMEs in Azerbaijan Orkhan Mammadov told reporters in Baku Nov. 29.He said that in the coming days, the opening of centers “Friend …

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