Economy

Currently, Tajikistan and Azerbaijan are actively cooperating in the trade, economic, investment and energy sectors, Ambassador of Tajikistan to Azerbaijan Rustam Soli told Trend. “Tajikistan has always attached particular importance to the development of trade, economic, humanitarian, and educational relations with Azerbaijan,” Soli emphasized. Touching upon the issue of energy cooperation …

The transition to the use of renewable energy sources (RES) is a priority and important task for both Azerbaijan and Hungary, Azernews reports with reference to Ambassador Extraordinary and Plenipotentiary of Hungary to Azerbaijan Tamás Torma. “We have already had dynamically developing bilateral cooperation in the energy sector, and our …

A delegation led by Rovshan Najaf, President of the State Oil Company of the Republic of Azerbaijan (SOCAR), visited the bp-operated Shah Deniz Bravo platform. The purpose of the visit was to get acquainted with the current operations and processes and to discuss the existing and future opportunities for the …

Azerbaijan has launched a large-scale work on the implementation of renewable energy projects throughout the country, with a special focus to the Karabakh and East Zangazur economic zones. Since the liberation of those lands from Armenian occupation, Azerbaijani government has announced the aim to achieve a 30 percent share of …

Tickets for regular bus trips for December to the cities of Shusha, Aghdam and Fuzuli, organized by the Azerbaijan Land Transport Agency under the Ministry of Digital Development and Transport, will go on sale on 25 November 2022 at 16:00. Passengers can buy round-trip tickets for the established routes in …

Since about 70 percent of the earth’s cover is water, it is undoubtedly becoming one of the world’s greatest resources. It is an important element for both domestic and industrial purposes and is used in almost all areas and processes of human activities. Nevertheless, a closer inspection of the planet’s …

Azerbaijan-Georgia trade relations remain among the major issues of the economic agenda, Minister of Digital Development and Transport of Azerbaijan Rashad Nabiyev said at the event dedicated to the 30th anniversary of Azerbaijan-Georgia diplomatic ties, Trend reports. “The mutual trade turnover between Azerbaijan and Georgia amounted to $580 million in the first …

A delegation led by Chairman of the Central Election Commission (CEC) of Azerbaijan Mazahir Panahov has arrived in Astana to observe the presidential elections to be held in Kazakhstan on November 20, 2022. During the visit, organized at the invitation of Chairman of the Central Election Commission of Kazakhstan Nurlan …

A meeting has been held between representatives of the Azerbaijan Energy Regulatory Agency (AERA) and the European Bank for Reconstruction and Development (EBRD). Chairman of the Board of AERA Samir Akhundov and EBRD Regional Director for Energy for Turkiye and the Caucasus Region David Managadze, as well as other representatives …

Azerbaijani Deputy Minister of Energy Samir Valiyev has met with a delegation led by Catarina Bjorlin Hansen, EBRD Regional Director for the Caucasus. The sides discussed the current cooperation and future prospects for the development of electric energy, renewable energy and energy efficiency. The implementation status of the projects implemented …