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

Turkmenistan, Iran discuss development of transport via Azerbaijan

Azerbaijan-Turkmenistan, Iran

Turkmenistan and Iran discussed the development of transport links between the countries of the region, including those passing through Azerbaijan, Azernews reports. The Turkmen delegation participated in the “Iranian Maritime Economy” forum (Turkmendenizderyayollary), during which issues of developing international trade and transport links between the countries of the region were discussed, according …

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Global Transparency Forum experts visit Baku

Global Transparency Forum

Group of expert evaluators of the Global Forum on Transparency and Exchange of Information for Tax Purposes has visited Baku within the framework of a new stage of assessment, Azernews reports, citing the State Tax Service under the Ministry of Economy. By becoming a member of the Global Forum on Transparency and …

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KOBIA: First 2024 investment documents granted


Investment incentive documents were presented to 3 entrepreneurs in “Baku SME House”. The projects that received the investment incentive document will be implemented in Gusar, Imishli, and Samukh districts, as well as in the field of food production, Azernews reports. As a result of the realisation of three projects that received investment …

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Italy’s spending on Azerbaijani gas surges


Italy has recorded a significant increase in spending on natural gas imports from Azerbaijan, reaching 619.2 million euros in November 2023, compared to 364.2 million euros in October, according to Eurostat, the European Union’s statistical office, Azernews reports. This notable surge represents a month-on-month growth of over 70 percent. This is while …

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Azerbaijan, Malaysia eye co-op in renewable energy sector

energy sector

Director of the Azerbaijan Renewable Energy Agency (AREA) under the Ministry of Energy Javid Abdullayev has held an online presentation on “Opportunities in the Renewable Energy Sector of Azerbaijan” for the Ministry of Energy Transition and Public Utilities of Malaysia, Azernews reports, referring to the Azerbaijani Energy Ministry. Javid Abdullayev highlighted the …

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Azerbaijan talks in Davos about its efforts to host COP29


The Azerbaijani government at the World Economic Forum in Davos, Switzerland, gave an outline of its activity as a host of COP29. Azerbaijani Economy Minister Mikail Jabbarov wrote about it on his X social page, Azernews reports. “At the session “Informal Meeting of World Economic Leaders: Towards 2030” held within the framework …

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