Economy

Azerbaijan’s Minister of Economy Mikayil Jabbarov has met with Deputy Prime Minister, Minister of Investments and Foreign Trade of the Republic of Uzbekistan Sardor Umurzak. “During the meeting with the Deputy Prime Minister, Minister of Investment and Foreign Trade of the Republic of Uzbekistan Sardor Umurzakov, we had useful discussions …

The Ingush government intends to establish cooperation on joint projects in various sectors with Azerbaijan, Uzbekistan, and Belarus, the region’s head Mahmud-Ali Kalimatov said, Azernews reports, citing TASS. “We have 40 projects in our investment portfolio, we will work with Azerbaijan, Uzbekistan, and Belarus. A delegation has recently been there, …

On the sidelines of the 5th session of the Joint Intergovernmental Commission on economic cooperation between the Government of the Republic of Azerbaijan and the Government of the United Kingdom of Great Britain and Northern Ireland in London, an event was held on the role of business circles in achieving …

The Fintex Summit 2022 – Finance and Technologies Expo will be held in Baku, Azerbaijan on June 16-17. The theme of the event is “New Trends in Banking and Finance Ecosystem: Innovative Solutions, FinTech And Security”. The two-day event supported by Azerbaijan Banks Association, Azerbaijan Fintech Association, Central Bank, Ministry …

Belarusian Borivos sleeper factory has signed a contract with Azerbaijan in May on the shipment of bridge beams, the factory’s director Gennady Prosmytsky said, Azernews reports, citing Belta. The director added that at the end of June, the company plans to participate in a major tender for the supply of …

Taiwan’s state refiner CPC Corp has received the country’s first crude cargo with certified carbon offset from Azerbaijan’s SOCAR Trading, Azernews reports, citing Reuters. “The cargo of about 1.05 million barrels of Azeri Light crude oil arrived in Taiwan on Sunday morning with cradle-to-gate greenhouse gas (GHG) emissions being offset …

An Azerbaijani delegation led by Energy Minister Parviz Shahbazov has paid a visit to London to attend the 5th meeting of the Joint Intergovernmental Commission on economic cooperation between the Government of the Republic of Azerbaijan and the Government of the United Kingdom of Great Britain and Northern Ireland to …

Azerbaijani Deputy Foreign Minister Khalaf Khalafov and his Tajikistani counterpart Sodik Imomi have discussed cooperation in political, socio-economic, humanitarian areas, as well as economic relations, Azernews reports, citing the ministry. The discussion took place as part of the political consultations marking the 30th anniversary of the establishment of diplomatic relations …

If Azerbaijan maintains the current level of exports to Europe throughout 2022, exports will increase by around 3 billion cubic meters year on year. The remarks were made in the Global Gas Report 2022, published by the International Gas Union, Snam and Rystad Energy, Azernews reports. The report recalled that …

Azerbaijani Energy Minister Parviz Shahbazov has met with Czech Ambassador to Azerbaijan Milan Ekert as he ends his diplomatic mission in the country. The sides discussed energy cooperation between the two countries, including those arising from the agreement between the Ministry of Energy of Azerbaijan and the Ministry of Industry …