Tag Archives: economy

Baku and Kyiv can create a working group on economic cooperation and an Azerbaijani-Ukrainian business council within the framework of the intergovernmental commission, Head of Azerbaijan’s Ministry Economy Mikayil Jabbarov said. Jabbarov made the remark at a meeting with the Ambassador of Ukraine to Azerbaijan Vladislav Kanevsky, Trend reports referring …

“The creation of new generating capacities is a manifestation of our overall development. The modernization of our energy system is consistent with the overall development of our country, and all this work is carried out in a planned manner,” President Ilham Aliyev said at a meeting with power engineers following …

India`s newly-appointed Ambassador to Azerbaijan has hailed trade between the two countries, saying it saw a 85 percent growth compared to 2016. Bawitlung Vanlalvawna hailed economic relations and mutual investments between the two countries. The ambassador also pointed out Indian companies` growing interest in Azerbaijan.

Azerbaijan and Saudi Arabia have explored the ways of expanding the bilateral energy cooperation as a Joint Technical Commission held its first meeting. Azerbaijani Deputy Minister of Energy Samir Valiyev hailed factors that give impetus to the development of relations in the field of energy, including intensive cooperation within OPEC+format …

A Russian delegation led by Minister of Economic Development Maxim Oreshkin will visit Azerbaijan on February 8. As part of the visit, the Azerbaijani and Russian delegations will review the reconstruction of Yarag-Gazmalar checkpoint, Samur checkpoint, as well as the construction of a bridge over Samur river. The sides will …

Baku hosted an event dedicated to the launch of a partnership program with the Food and Agriculture Organization of the United Nations (FAO). The event was co-organized by the Food and Agriculture Organization of the United Nations (FAO) and the Azerbaijan’s Ministry of Agriculture. Addressing the event, Minister of Agriculture …

Tax audits, which are being held in the Azerbaijani state oil company SOCAR, are the planned on-site inspections, Trend reports referring to a joint statement made by SOCAR and the Azerbaijani Taxes Ministry on Jan. 10. While commenting on the recent information regarding tax audits in SOCAR, both structures emphasized …

Azerbaijan will open a trading house in Dubai, the UAE on January 10, Azerbaijan’s Ministry of Economy said. The trading house is created to support the promotion of Azerbaijani goods under the ‘Made in Azerbaijan’ brand in Dubai, and engage in marketing research, participation in exhibitions and other activities related …

The year 2018 saw a real breakthrough in trade and economy between Azerbaijan and Belarus, Ambassador of Belarus to Azerbaijan Gennady Akhramovich said at a press conference on Dec. 27, Trend reports. He noted that following the 10 months of 2018, the trade turnover between the countries exceeded $400 million, …

Azerbaijan has improved its position in WEC ranking, taking the 27th place among 125 countries of the world with the best energy system according to the data of the “Energy Trilemma Index” for 2018, compiled by the World Energy Council.In 2017, Azerbaijan took the 31st place among 125 world countries. …