The Intellectual Property Agency earned 1,902,473 manats ($ 1119101.76) in revenue last year, Azernews reports, citing the agency’s report for the year 2023. It was noted that during the reporting year, the state budget received 224 thousand manats ($131764.70) in state fees due to the agency’s provision of services stipulated in the …
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Turkiye’s largest technology company starts operations in Azerbaijan
Bilge Adam, a large Turkish technology company with more than 27 years of experience in the fields of software development, system integration, and technology services, is coming to Azerbaijan, Azernews reports. The company got acquainted with the local business environment and evaluated cooperation formats within the framework of the visit of 19 …
Read More »Turkiye examines options for obtaining gas supplies from Turkmenistan through Azerbaijan
Ankara is considering options for supplying Turkmen gas to Turkiye through Azerbaijan, Iran and the Caspian Sea, Turkish Minister of Energy and Natural Resources Alparslan Bayraktar said, Azernews reports. “Turkmen gas is an issue that has been on our agenda for many years. There are three options for gas delivery. One of …
Read More »Azerbaijan, Serbia forge paths for deeper cooperation
The recent meeting between Azerbaijan’s Minister of Labor and Social Protection of Population and Co-Chair of the Intergovernmental Commission on Trade and Economic Cooperation, Sahil Babayev, and Serbia’s Ambassador to Azerbaijan, Dragan Vladisavljević, highlights the growing momentum in bilateral relations between the two nations. Against a backdrop of shared strategic …
Read More »Baku-hosted meetings on Southern Gas Corridor in Italian media spotlight
The 10th Southern Gas Corridor Advisory Council Ministerial Meeting and the 2nd Green Energy Advisory Council Ministerial Meeting, held in Azerbaijan’s capital city of Baku, hit the headlines in the media outlets of Italy such as Energia Italia, Agenzia Nova, il Secolo XIX, Borsa Italiana, Green Economy Agency, Azernews reports. The articles …
Read More »Azerbaijan to be central point in S Caucasus through partnering with China’s e-commerce giant
To promote economic activities and diversify exports, Azerbaijan takes different measures. One of these measures is to strengthen its position in e-commerce. For this purpose, the government conducts regular reforms, and officials hold meetings with representatives of governments and companies. In this regard, Azerbaijan recently hosted the representative of the …
Read More »Azerbaijan, Latvia discuss expansion of export of non-oil Azerbaijani products
Azerbaijan and Latvia have discussed directions for the expansion of non-oil Azerbaijani exports, Azernews reports. According to the Ministry of Economy of Azerbaijan, Deputy Minister Sahib Mammadov met with Deputy Minister of Agriculture of the Republic of Latvia, Normunds Shmits. At the meeting, the role of mutual visits and high-level meetings in …
Read More »Gas reserves in European storages reached a record level
In mid-February, gas reserves in underground gas storages in Europe reached a record high of 73.4 bln m³, Azernews reports citing Gas Infrastructure Europe. Currently, Europe’s gas storages are 66.58 percent full. This is 15.38 percent more than the average for the same period of the last five years. On February 12, …
Read More »Turkmenistan, Iran discuss development of transport via Azerbaijan
Turkmenistan and Iran discussed the development of transport links between the countries of the region, including those passing through Azerbaijan, Azernews reports. The Turkmen delegation participated in the “Iranian Maritime Economy” forum (Turkmendenizderyayollary), during which issues of developing international trade and transport links between the countries of the region were discussed, according …
Read More »Global Transparency Forum experts visit Baku
Group of expert evaluators of the Global Forum on Transparency and Exchange of Information for Tax Purposes has visited Baku within the framework of a new stage of assessment, Azernews reports, citing the State Tax Service under the Ministry of Economy. By becoming a member of the Global Forum on Transparency and …
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