Economy

Two flights will be operated in direction of Baku-Tehran and vice versa a week, under the agreement reached between Azerbaijani and Iranian officials, Spokesman for Iranian Civil Aviation Organization (CAO) Mirakbar Razavi said, Trend reports citing the organization’s website. According to Razavi, the flights will be operated by airlines of both countries. …

The next meeting of the Intergovernmental Commission on Economic, Trade and Humanitarian Cooperation between Azerbaijan and Iran will be held in Baku on March 10 and March 11, 2022, Azerbaijani Ambassador to Iran Ali Alizada said, Trend reports citing Iran’s East Azerbaijan Province Governor Office. He made the remark during a meeting …

U.S. ambassador to Azerbaijan Earle Litzenberger has praised Azerbaijan’s strategic role in ensuring Europe’s energy security, Trend has reported. Litzenberger made the remarks at a press conference with local journalists on February 16. The diplomat noted the importance of the Southern Gas Corridor in ensuring Europe’s energy security. “Last week I …

The co-chair of the Azerbaijan-Russia Intergovernmental Commission on Economic Cooperation from the Azerbaijani side, the Deputy Prime Minister of the Republic of Azerbaijan, Shahin Mustafayev, and the co-chair of the Commission from the Russian side, the Deputy Prime Minister of the Russian Federation, Alexei Overchuk, held a meeting through videoconferencing. …

A preliminary agreement has been reached on the export of sheep wool from Azerbaijan to Europe, the Food Safety Agency of the Republic of Azerbaijan told Trend. According to the agency, work on expanding cooperation between the Agency and the relevant structures of the EU countries, and bringing Azerbaijan’s veterinary control …

Azerbaijan participates in the international food exhibition Gulfood 2022, held in Dubai, the United Arab Emirates, the Economy Ministry has reported. The products of Azerbaijani companies are presented at a single national stand “Made in Azerbaijan” organized by the Azerbaijan Export and Investment Promotion Foundation (AZPROMO) with the support of the Economy Ministry. Such …

Azerbaijan is the beneficiary of the recovery trend which is observed today in the hydrocarbon market, Deputy Head of the Market Research Department at the Russian Gazprombank Gulnara Khaidarshina told Trend. Khaidarshina reminded that Brent crude oil is traded at $88 per barrel, which is by 37 percent more than the …

Students, startuppers and individual entrepreneurs taking part in the Agricultural Technologies (AgroTech) competition, to be held within the framework of the TEKNOFEST Azerbaijan Aerospace and Technology Festival, will have the opportunity to successfully promote innovative projects and products, the Ministry of Digital Development and Transport told AZERTAC. One of the most …

The 15th Anniversary Azerbaijan International Agriculture Exhibition Caspian Agro 2022 will be held on 18-20 May in Baku Expo Center. This year, the exhibition will be attended by companies from Azerbaijan, Georgia, Israel, Spain, Italy, the Netherlands, Russia, the USA, Turkey, and Ukraine. Innovations in various fields of agriculture have …

Registration for the competition Amateur Satellite Modeling (CanSat) for students continues as part of the TEKNOFEST Azerbaijan Aerospace and Technology Festival. The TEKNOFEST Azerbaijan will be organized for the first time in Baku by the Ministry of Digital Development and Transport of the Republic of Azerbaijan on 26 –29 May …