Business

By Narmina Mammadova A meeting devoted to granting the right to permanent use of the Green Corridor pass system, suspension, cancellation and restoration of this right was held at the State Customs Committee (SCC) on January 12. Chairman of the State Customs Committee, heads of main departments, representatives of the …

The average price in the car market of Baku was 42,152 manats in November 2018, Nusret Ibrahimov, director general of the consulting company MBA Group and real estate expert, told Trend. He said the average price in the car market increased by 12.22 percent compared to the previous month. In …

Next express trains in Azerbaijan may run in the directions of Gabala and Yalama, Chairman of Azerbaijan Railways CJSC Javid Gurbanov said, Trend reports Dec. 29. “If construction work goes according to schedule, then the railway services to Gabala will be launched by the end of 2019. Technical capabilities allow …

Azerbaijan Railways CJSC will launch the Baku-Ganja-Baku express train services on Dec. 30, 2018, Trend reports referring to the company. The express train will leave Baku on Tuesdays, Thursdays and Saturdays at 09:00 AM, and on Mondays, Wednesdays and Fridays the train will depart from Ganja at 09:00 AM. Travel …

By Leman Mammadova Recently, Azerbaijan Export & Investment Promotion Foundation (AZPROMO) organized the next export mission to Riyadh, capital city of Saudi Arabia, to promote Azerbaijani local products under the Made in Azerbaijan brand . As many as 28 Azerbaijani companies, operating in sweets, fruit juices, dried fruits, honey, mineral waters, …

Excise rates on the import of buses will be introduced in Azerbaijan from January 1, 2019. This is amendment included in tax legislation, approved by the decree of President of Azerbaijan Ilham Aliyev, Trend reports. Thus, the excise duty on the import of buses with an engine capacity of up …

The share of industrial sector in Azerbaijan’s non-oil exports reached 52 percent in January-November 2018, Economy Minister Shahin Mustafayev said Dec. 24 at the “Grand Construction: Yesterday, Today and Tomorrow” conference in Baku, Trend reports. He said that over the past 15 years, two million new jobs have been created …

By Leman Mammadova Poland hopes for new investment projects with Azerbaijan, Poland’s Ministry of Entrepreneurship and Technology told Trend. The ministry noted that the Poland-Azerbaijan Business Forum is planned to be held in the first half of 2019. “It will accompany the session of the Polish-Azerbaijani economic commission. We hope that …

The search for new salt deposits at the Boyukduz mine in the Kangarly District of Azerbaijan’s Nakhchivan Autonomous Republic is scheduled to start in 2019, Anar Asadullayev, director of Nakhchivan Duz Istehsali Ltd., told Trend. “It is difficult to say what month the work might begin, everything will depend on …

By Leman Mammadova The German-Azerbaijani Business Dialogue was organized by the Member of the German Bundestag Mark Hauptman and the Azerbaijani Embassy in Germany on November 28 in Berlin. Azerbaijan Export and Investment Promotion Foundation (AZPROMO) has acted as the partner of the event.The purpose of the business dialogue was …