Economy

Director of the Azerbaijan Renewable Energy Agency (AREA) under the Ministry of Energy Javid Abdullayev has held an online presentation on “Opportunities in the Renewable Energy Sector of Azerbaijan” for the Ministry of Energy Transition and Public Utilities of Malaysia, Azernews reports, referring to the Azerbaijani Energy Ministry. Javid Abdullayev highlighted the …

The Azerbaijani government at the World Economic Forum in Davos, Switzerland, gave an outline of its activity as a host of COP29. Azerbaijani Economy Minister Mikail Jabbarov wrote about it on his X social page, Azernews reports. “At the session “Informal Meeting of World Economic Leaders: Towards 2030” held within the framework …

Economy Minister Mikayil Jabbarov and a number of representatives of state structures, including local companies, will participate in the World Economic Forum to be held in Davos, Switzerland, Azernews reports, citing Economy Ministry. “The Minister of Economy will leave for Davos to participate in the World Economic Forum. The program of visits …

In January-December 2023, Turkiye reduced its cement export to Azerbaijan by 2.9 percent to $50.9 million compared to the same period of 2022. Azernews reports that TurkicWorld was informed about this by the Ministry of Trade of Turkiye. In December, Turkiye’s cement exports to Azerbaijan increased by 0.9 percent to 5.7 …

Azerbaijan will cooperate with the Danish company Vestas in the field of green energy, Azernews reports. The Minister of Energy, Parviz Shahbazov, discussed this in a meeting with the vice president of Vestas, Jens Pinderup. At the meeting, the projects implemented in the field of renewable energy in Azerbaijan and prospects related …

The Azerbaijan National NGO Forum has released a statement on holding forums in several districts of Azerbaijan. Azernews presents the statement: “Azerbaijan National NGO Forum has been actively participating in civil society building in the country for 25 years. Currently, the Forum unites 100 NGOs of various profiles in its ranks. …

The Ministry of Digital Development and Transport approved the normative legal act titled Quality Indicators of Services in the Field of Communication and High Technologies, including Internet services, Azernews reports. According to the Ministry, the normative legal act serving the formation of a competitive and quality telecommunications market in our country was …

Although there is great potential for the export of processed hazelnuts in Azerbaijan, the country mainly exports shelled hazelnuts to the countries of the European Union and Russia. 60-70 percent of hazelnut production in Azerbaijan is organised by small farmers, and hazelnut orchards are a secondary source of income for …

Trade turnover between Azerbaijan and India totalled $1 bln 107.9 mln in January-November 2023. Based on the report of the State Customs Committee, the volume of this indicator decreased by 40 percent or $751.1 million compared to the corresponding period of last year, Azernews reports. Thus, in January-November 2022, the volume of …

Western Azerbaijani Community reacted to US Secretary of State’s statement: “We categorically reject this list”, Azernews reprots. Azernews reprots, Western Azerbaijani Community statement says: US Secretary of State Antony Blinken arrogantly included Azerbaijan in some so-called list related to religious freedom. First of all, no one has authorised the US to make …