Economy

A joint working group in the energy sector will be established between Iran and Azerbaijan. Azernews reports that Iran’s Oil Minister, Mohsen Paknejad, made this announcement during a meeting with Azerbaijan’s Deputy Prime Minister, Shahin Mustafayev, in Tehran on January 21. Paknejad stated that the joint working group would facilitate technical-level …

The Uzbek Transport Ministry is working on diversifying international transport routes, including the creation of new transit corridors through the territory of Azerbaijan, Azernews reports Uzbekistan’s Transport Minister Ilkhom Makhkamov, as he told the local media outlets. He noted that in Uzbekistan, the main directions for the future development of the country’s …

Certificates of honorary membership of the Western Azerbaijani Community were presented. Azernews reports that the presentation ceremony took place at the second international conference of the Western Azerbaijani Community on the topic “the Right to Return: Advancing Justice for Azerbaijanis expelled from Armenia.” Persons to whom certificates of honorary membership of …

Samira Musayeva, deputy head of the State Tax Service under Azerbaijan’s Ministry of Economy, held a videoconference with Angela McDonald, deputy chief executive officer of the UK Tax and Customs Administration (HMRC), to discuss enhancing collaboration in tax administration, Azernews reports. The meeting highlighted the progress achieved through strengthened ties between the …

Head of the State Tax Service (STS) under the Ministry of Economy of Azerbaijan, and President of the Intra-European Organization of Tax Administrations (IOTA), Orkhan Nazarli, held a videoconference with Catherine Westling Palm, Director General of the Swedish Tax Agency, Azernews reports. According to information released by the STS, the meeting highlighted …

Azerbaijan Railways (ADY) held a pivotal meeting with a delegation from the Xi’an International Port of China, marking a new chapter in the growing partnership between the two countries in the field of cargo transportation via the Middle Corridor, Azernews reports. The meeting underscored the significance of the first-ever export cargo being …

Azerbaijan and China have discussed advancing cooperative relations in renewable energy, as Minister of Energy Parviz Shahbazov met with representatives of two major Chinese companies, “TBEA Co., Ltd” and “PowerChina International Group,” during his visit to China, Azernews reports. During the meeting with Zhang Xin, Chairman of the Board of Directors at …

The State Oil Company of Azerbaijan (SOCAR) has announced plans for development in the Garabagh and Eastern Zangazur economic regions, Azernews reports, citing the SOCAR’s 2023 Sustainable Development Report. SOCAR stated that it is ready to develop Garabagh and Eastern Zangazur as carbon-neutral zones, and outlined the following measures to achieve this: …

In preparation for the COP29 global climate conference, which will be held in Baku from November 11-22, the COP29 Azerbaijan Operating Company, in collaboration with the State Tourism Agency and the Azerbaijan Hotel Association, is working to enhance sustainability competencies. Hotel employees across the country are participating in relevant training, Azernews reports, …

Director of the International Mugham Center, Honored Artist, tar player Sahib Pashazade, and the center’s soloist, Honored Artist, drummer Kamran Karimov have successfully represented Azerbaijan at the first-ever World Culture Festival held in Karachi, Pakistan, Azernews reports citing Azertag. The festival, organized by the “Art Council Pakistan”, will continue until October 30 and …