Economy

Representatives of Azerbaijan’s Export and Investment Promotion Agency (AZPROMO) participated in the 12th International Industrial Exhibition INNOPROM-2022 in Yekaterinburg, Russia, Azernews reports. Within the framework of the exhibition, AZPROMO’s representatives held a number of bilateral meetings. During the meetings, there was an exchange of views on the favorable business and …

The Azerbaijani State Oil Company (SOCAR) and Uzbekneftegaz signed a roadmap to expand cooperation, Azernews reports. The document was signed by SOCAR’s Acting President Rovshan Najaf and Uzbekneftegaz Board Chairman Mekhriddin Abdullayev. “At a meeting with the chairman of the Uzbekneftegaz Board of Directors, Mehriddin Abdullayev, a road map was …

As part of his visit to Kazakhstan, Azerbaijan`s Minister of Energy Parviz Shahbazov has met with his Kazakh counterpart Bolat Akchulakov. At the meeting held with the participation of representatives of the ministries of Economy and Energy, as well as the State Oil Company of the Republic of Azerbaijan, effective …

Baku is hosting an international conference to discuss fluctuations in the level of the Caspian Sea, Azernews reports. The hybrid international conference on the topic “Caspian Sea level fluctuations, forecasting, and adaptation measures in the face of climate change” has been organized by the Azerbaijani Ecology and Natural Resources Ministry …

An Azerbaijani delegation led by Minister of Energy Parviz Shahbazov has visited Kazakhstan to attend the 18th meeting of the Joint Intergovernmental Commission on trade and economic cooperation between Azerbaijan and Kazakhstan to be held in the city of Nur-Sultan on July 5. As part of the meeting, it is …

Azerbaijan`s Minister of Digital Development and Transport Rashad Nabiyev held a number of bilateral meetings during his working visit to Israel. During the visit, an agreement on air transport was signed between the Ministry of Digital Development and Transport of the Republic of Azerbaijan and the Ministry of Transport and …

A conference on innovative “Digital Twin” technology was held at “Fairmont” hotel in Baku on June 29. The conference was organized by the “AZEL Systems” company. World’s leading provider of engineering software for design and operation of plants, ships and offshore facilities and for digital twin technologies “Hexagon” company (USA-Sweden …

Azerbaijan and Turkiye have discussed successful cooperation in various sectors of the economy, including social, cultural and humanitarian spheres, Azernews reports, citing the Economy Ministry. The discussion took place during the Turkish Education Foundation Board Chairman, Birol Akgun’s visit to Azerbaijan’s Economy Ministry. Azerbaijan’s First Deputy Economy Minister Elnur Aliyev …

At the invitation of the Ministry of Digital Development and Transport, experts from the International Telecommunication Union (ITU) have arrived in Azerbaijan to discuss the regulation of TV & radio broadcasting in border areas, as well as mobile networks in line with international standards. The main objective of the week-long …

Azerbaijani Minister of Energy Parviz Shahbazov has met with a delegation led by the CEO of the Italian Ansaldo Energia, Giuseppe Marino. During the meeting, the sides discussed the current state and future prospects for energy cooperation. Parviz Shahbazov highlighted the work done in Azerbaijan in the field of energy …