Economy

An Azerbaijan-Japan-Georgia business forum has been held in the Georgian capital Tbilisi. Businessmen from Azerbaijan, Japan, Georgia and Turkiye, as well as Chairman of the Board of the Azerbaijani Businessmen’s Union (AZEBI) Nariman Gurbanov, members of the organization, Counselor of the Azerbaijani Embassy to Georgia Sarkhan Ismayilov attended the event. …

Azerbaijan and Germany have discussed opportunities for joint cooperation, Azernews reports. The discussion took place during a meeting between Azerbaijan’s Small and Medium Business Development Agency Board Chairman Orkhan Mammadov and Germany’s Federal Association for Economic Development and Foreign Trade Federal Managing Director Urs Unkauf. “Meeting with Urs Unkauf, Federal …

The reconstruction of the checkpoints on the Azerbaijan-Russian border is planned to be completed by 2026, Chairman of the Russian Transport Ministry Mikhail Kokoyev said. The official noted that the first stage of the reconstruction of the Yarag-Kazmalyar border checkpoint will be finalized by the end of the year. He …

Money transfers from Azerbaijan to Georgia significantly decreased in September 2022, Trend reports with reference to the National Bank of Georgia. According to the Bank, remittance flows from Azerbaijan to Georgia in September of this year amounted to $4.5 million, which is a decrease of 42.3 percent over the same month in …

Azerbaijan, attaching great importance to ties with Japan and participation in Expo world exhibitions, has become the first country which signed an agreement to participate in Expo 2025 in Osaka, Trend reports on October 25. The agreement was signed by Expo 2025 Commissioner General for Azerbaijan Anar Alakbarov, Expo 2025 Secretary General …

A long queue of cargo trucks has been observed at Azerbaijan’s Samur customs post of the General Customs Department for Northern Territories on the border with Russia, the Azerbaijani State Customs Committee told Trend on October 25. According to the committee, there is no problem with the departure of cars through the …

The Azerbaijan Space Agency (Azercosmos) under the Ministry of Digital Development and Transport, and the Pakistan Space and Upper Atmosphere Research Commission (SUPARCO) have signed a Memorandum of Understanding (MoU). The memorandum envisages cooperation in various areas of space. This includes joint actions in space science, technology and applications, human …

The Azerbaijani parliament has approved a social security deal with Serbia, Azernews reports. On October 21, a draft bill “On the adoption of the agreement between the Government of the Republic of Azerbaijan and the Government of the Republic of Serbia on social security” was presented to parliament’s discussion. Musa …

The tax revenues to the state budget equaled AZN10.4 billion ($6.1bn) in January-September 2022, Azerbaijan’s Economy Minister Mikayil Jabbarov said, Azernews reports. He added that this amount is AZN4bn ($2.4bn) or 64.5 percent more than during the relevant period of 2021. “In January-September of 2022, the tax revenues to the …

Azerbaijan’s First Deputy Prime Minister Shahin Mustafayev and Iranian Vice-President and Head of Department of Environment Ali Salajegheh discussed issues of protecting the environment of the Caspian Sea, Azernews reports. During the meeting, the sides noted the significance of the 6th Conference of the Parties to the Framework Convention for …