Leyla Aliyeva, Vice President of the Heydar Aliyev Foundation, founder and head of the IDEA Public Union, has visited the Gizilaghaj National Park in south of Azerbaijan. After getting acquainted with the park’s rich fauna and flora, Leyla Aliyeva and the Ecology Minister Mukhtar Babayev discussed prospects for future development of specially protected natural areas, including coastal and …

Fitch Ratings has upgraded Open Joint-Stock Company International Bank of Azerbaijan’s (IBA) LongTerm Issuer Default Rating (IDR) to ‘B’ from ‘B-‘ and Viability Rating (VR) to ‘b’ from ‘b-‘, Trend reports on April 30 referring to Fitch Ratings. “The Outlook is Positive,” the message said. “The upgrades reflect a moderation …

Russia and Azerbaijan are progressively strengthening the juridical base of bilateral relations and consistently implementing the action plan for the development of key spheres of the Russian-Azerbaijani cooperation until 2024, Deputy Prime Minister of the Russian Federation Alexei Overchuk said. Overchuk made the remark at a meeting of the Intergovernmental …

A large zone of active tectonic fault passes near Armenian Yerevan and the Metsamor nuclear power plant, Director General of the Republican Center of Seismological Service of the Azerbaijan National Academy of Sciences (ANAS), Gurban Yetirmishli said, Trend reports on Apr.29. According to Yetirmishli, the estimated seismic potential of this …

Azerbaijan’s State Security Service Chief Ali Naghiyev and Georgia’s high-ranking officials have discussed regional security and the joint fight against terrorism, the State Security Service reported on its website on April 29. Naghiyev, who paid an official visit to Georgia on April 27-28, met his Georgian counterpart Grigol Liluashvili, Interior Minister Vakhtang Gomelauri, and …

The Eurasia Daily Monitor magazine of the Jamestown Foundation based in Washington has published an article by Azerbaijani political analyst Shabnam Hasanova headlined “International involvement in infrastructure projects in Azerbaijan’s newly liberated territories”. The article reads: “Azerbaijani President Ilham Aliyev announced earlier this year that a number of large infrastructure …

Azerbaijan will open a tourism promotion and a trade office, with diplomatic status, in Israel, the country’s Minister of Economy Mikayil Jabbarov announced Wednesday during the Joint Israel-Azerbaijan Conference, according to TPS. The Israel-Azerbaijan Joint Committee met after the first meeting took place in 2018. The meeting was held online …

Azerbaijan is participating at the International Investment and Trade Exhibition of the Shanghai Cooperation Organization (SCO) held in Qingdao, China, the Economy Ministry’s press service has reported. The Azerbaijani stand showcased locally-produced food and beverages as well as the country’s investment, transport, transit, and tourism potential. At a panel presentation during the …

Launching of flights between Russia’s Yaroslavl city and Azerbaijan’s Baku city is being discussed, Director of the Department of Regional Development and Foreign Economic Activity of Yaroslavl Region Galina Penyagina said. Penyagina made the remark at a meeting of the Russia-Azerbaijan and Azerbaijan-Russia Business Councils, Trend reports on April 28 referring to …

The 16th OPEC and non-OPEC Ministerial Meeting of the Declaration of Cooperation (DoC), has been held via teleconference on Tuesday under the Chairmanship of Saudi Arabia’s Minister of Energy HRH Prince Abdul Aziz bin Salman and Deputy Prime Minister of the Russian Federation, Co-Chair HE Alexander Novak. According to the …