Economy

In accordance with the agreement reached between Azerbaijan`s Ministry of Digital Development and Transport and the Georgian National Communications Commission, a joint radio monitoring was carried out in the border areas with the participation of specialists from both countries in order to regulate TV & radio broadcasting, for efficient use …

Azerbaijan’s Deputy Minister of Digital Development and Transport Rahman Hummatov has met with a visiting delegation led by Deputy Minister of Infrastructure of Poland Marek Gróbarczyk. During the meeting, the sides discussed prospects for cooperation in the fields of transport, railway and sea transport. They also exchanged views on the …

Italy was Azerbaijan’s top export market in January-June of this year, according to the State Customs Committee. Official statistics suggests that Italy, Turkey and Israel were the largest export destinations of Azerbaijan in first six months of this year. The volume of export with Italy made $8.972 billion, while it …

Turkiye was the top export destination of Azerbaijan’s non-oil products in January-June of this year, according to the State Customs Committee. Official statistics suggests that Turkiye, Russia, Georgia, Switzerland and the US were the five major export destinations of Azerbaijan’s non-oil products. The volume of export with Turkiye made $428.4 …

Azerbaijan and Europe have discussed plans to expand the Southern Gas Corridor, Azernews reports. The discussion proceeded during a meeting between Azerbaijan’s Energy Minister Parviz Shahbazov with the delegation led by European Parliament’s Committee on Foreign Affairs Chair David McAllister, who is on a visit to Azerbaijan. During the meeting, …

Azerbaijan and Latvia have pointed out wide opportunities for economic cooperation as Azerbaijan’s Minister of Economy Mikayil Jabbarov has met with Latvian Minister of Agriculture Kaspars Gerhards. They said there are ample opportunities for participation of Latvian companies in restoration and reconstruction of Azerbaijan’s liberated territories, including in the projects …

“We need to embark on the second phase of the International Trade Seaport, to expand this port. I was recently informed that we no longer have the capacity to transship cargo passing through our territory because we built the international trade seaport in accordance with the volumes of cargo of …

The Shah Deniz partnership is commencing the define stage of a new project which will allow the Shah Deniz Alpha (SDA) platform to receive its power supply from the Shah Deniz Bravo (SDB) platform through a subsea cable, bp told AZERTAC. The project is designed to significantly reduce SDA’s operational emissions …

Ambassador of the Arab Republic of Egypt Hisham Mohamed Nagy Abdel Hamid has visited Azerbaijan’s Small and Medium Business Development Agency (KOBIA), as he met with the Agency’s Chairman of the Board Orkhan Mammadov. During the meeting, the sides exchanged views on the implementation of joint projects between Azerbaijan and …

Azerbaijan exported 4.3 billion cubic meters of gas to Türkiye in January-June of this year, the Ministry of Energy told AZERTAC. According to the ministry, 23.4 billion cubic meters of natural gas was produced in the country in 6 months of this year. 6.9 bcm of gas production extracted from ACG, …