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Economy

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

Azerbaijani economy grows nearly 1%

Azerbaijan’s GDP volume reached almost 65.2 billion manats in January-October 2018 that is 0.8 percent more than in January-October 2017, according to a report of the State Statistics Committee.The volume of GDP per capita stood at 6,648.1 manats.In January-October 2018, the volume of GDP produced in the non-oil sector of …

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Deputy minister: Azerbaijan starts organizing buying missions

Azerbaijan has started organizing buyers missions, Deputy Economy Minister of Azerbaijan Rufat Mammadov said at a briefing in Baku on Nov. 14.The deputy minister noted that the rules on the organization of buying missions are reflected in the relevant document approved by the Azerbaijani government and the presence of such …

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Baku to host Azerbaijan-South Korea business meeting

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By Leman Mammadova Economic relations between Azerbaijan and South Korea continue to expand.An Azerbaijani-South Korean business meeting will be held in Baku on November 20, the Korea Trade-Investment Promotion Agency (KOTRA) said in a message.Representatives of three Korean companies, namely, GS Global Corporation, BHI LTD and GV International, operating in …

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Azerbaijani products go on sale in China’s large market networks

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An Azerbaijani delegation, led by the minister of economy, the co-chairman of the Azerbaijan-China Intergovernmental Commission for Trade and Economic Cooperation, Shahin Mustafayev, met with President of the Chinese Greenland Group Zhang Yuliang, the Ministry of Economy of Azerbaijan said in a statement.A presentation of Greenland Group’s activities was held …

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Turkey, Azerbaijan, Kazakhstan sign MoUs on diaspora policies

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Turkey signed memorandums of understanding with Azerbaijan and Kazakhstan on diaspora policies on Thursday, reported inform.kz referring to Anadolu Agency. The MoUs were signed between Turkey’s Presidency for Turks Abroad and Related Communities (YTB) and the Azerbaijan State Committee on Affairs with Diaspora; and another between YTB and Kazakhstan Citizens Foundation. Speaking …

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Azerbaijan, Turkic Culture and Heritage Foundation sign agreement

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Azerbaijan`s Foreign Minister Elmar Mammadyarov and President of the Turkic Culture and Heritage Foundation Gunay Afandiyeva have signed “The Host Country Agreement between the Government of the Republic of Azerbaijan and the Turkic Culture and Heritage Foundation”. The sides also exchanged their views on the issues of bilateral cooperation, as …

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Turkey: trilateral co-op formats with Azerbaijan contribute to region’s development

Trilateral formats of cooperation with Azerbaijan contribute to the development of the region, the Turkish presidential administration told Trend Nov. 8. It was noted that there are such cooperation formats as Turkey-Georgia-Azerbaijan, Turkey-Iran-Azerbaijan and Turkey-Azerbaijan-Turkmenistan. “The formats of cooperation with Azerbaijan are very important,” the Turkish presidential administration said. It …

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