President of Kyrgyzstan Sadyr Japarov signed the law “On the ratification of the Agreement between the Cabinet of Ministers of the Kyrgyz Republic and the Azerbaijan-Kyrgyz Development Fund on the conditions for the stay of the Azerbaijan-Kyrgyz Development Fund on the territory of the Kyrgyz Republic,” Azernews reports, citing the press service …
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Hosting COP29 is manifestation of Azerbaijan’s diplomatic & political courage, Hikmet Hajiyev
Hosting the 29th session of the Conference of the Parties to the UN Framework Convention on Climate Change (COP29) in Azerbaijan is a manifestation of the country’s diplomatic and political courage, Azernews reports, citing the Assistant to the President of Azerbaijan – Head of the Foreign Policy Affairs Department of the Presidential …
Read More »Strengthening Bonds: Turkiye, Azerbaijan forge ahead in economic cooperation
The recent decision to abolish the double taxation agreement between Azerbaijan and Turkiye marks a significant milestone in the bilateral economic relations between the two countries. This move, announced after a meeting of the International Relations and Inter-Parliamentary Relations Committee, reflects a commitment to fostering greater cooperation and facilitating trade …
Read More »Azerbaijan, Jordan defence ministries clinch agreement
Defense Minister of the Republic of Azerbaijan Colonel-General Zakir Hasanov paid an official visit to the Hashemite Kingdom of Jordan, Azernews reports, citing Azerbaijan’s Defence Ministry Within the framework of the visit, Colonel-General Z. Hasanov met with Major-General Yusif Ahmed Al-Hnaiti, Chairman of the Committee of the Joint Chiefs of …
Read More »Azerbaijan sends humanitarian aid to Malatya
Azerbaijan’s State Committee for Work with the Diaspora sent humanitarian aid to the victims of the earthquake in Malatya. According to “Haber Global” the aid has already reached Turkiye. The deputy chairman of the committee, Valeh Hajiyev, told reporters that official Baku tried to support the region on the eve …
Read More »Azerbaijan, ADB discuss development of Green Energy partnership
Azerbaijani Energy Minister Parviz Shahbazov received the delegation of the Asian Development Bank, led by Yevgeny Zhukov, Director General of the Central and Western Asia Regional Department of the Bank, Azernews reports, citing the Ministry. According to information, at the meeting, satisfaction was expressed with the development of long-term mutually beneficial cooperation …
Read More »Revenue obtained by the Oil Fund from “Shah Deniz” decreases
The State Oil Fund of the Republic of Azerbaijan (SOFAZ) has earned $78.5 million from the Shah Deniz field (gas and condensate) since the beginning of the current year until April 1, Azernews reports. According to information released by the State Oil Fund of the Republic of Azerbaijan, revenues from the Shah …
Read More »Azerbaijan, Bosnia and Herzegovina discuss development of economic cooperation
Azerbaijani Ambassador to Bosnia and Herzegovina Vilayat Guliyev has met with the Serb member of Bosnia and Herzegovina, Željka Cvijanović, and the Prime Minister of the Republic of Srpska, one of the two entities of the country, Radovan Višković, Azernews reports, citing Azertag. During the meeting, the sides hailed the excellent political …
Read More »Azerbaijani agency reports enormous revenue
The Intellectual Property Agency earned 1,902,473 manats ($ 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 …
Read More »Azerbaijan, Turkiye energy relations hold significance in regional energy dynamics
In January of this year, Azerbaijan’s natural gas exports to Turkiye witnessed a marginal decline, yet the country retained its position as a significant supplier to the Turkish energy market. We will delve into the intricacies of Azerbaijan’s natural gas exports to Turkiye, analysing the recent trends, comparing statistics with …
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