Economy

Manufacturers from Russia’s Udmurtia region intend to present equipment for the oil and gas, railway and construction industries, chemical products and metal products, furniture and furniture components, meat and dairy products, packaging, process automation software in Azerbaijan from February 21 through February 23, 2022, the Export Support Center of Udmurtia …

The ceremony of awarding the winners of CanSat Azerbaijan 2020 model satellite competition, organized jointly by Azercosmos under the Ministry of Digital Development and Transport and the Ministry of Education, was held. 23 teams from eight universities of the country took part in the competition. The teams consisted mainly of …

Azerbaijan Caspian Shipping Company (ASCO) constantly pays attention to minimizing the environmentally negative impact of liquid and solid emissions resulting from the operation of ships and coastal facilities on water sources, soil and atmosphere. During operations, the ASCO takes necessary measures to prevent environmental damage, the ASCO told AZERTAC. According …

Romanian energy minister Virgil-Daniel Popescu will visit Azerbaijan to take part in the upcoming Southern Gas Corridor Advisory Council’s meeting in Baku in February, a diplomatic source told Trend. “A large delegation from Romania, including heads of Romgaz and Transgaz will also attend the event,” noted the source. The Southern …

The Ministry of Digital Development and Transport has held a seminar on “Digital Development and Transport Priorities in Azerbaijan”. The event was attended by experts in the field of information technologies and transport, public activists, representatives of NGOs, business sector and media. The seminar focused on the tasks and goals …

As part of the visit of Minister of Roads and Urban Development of the Islamic Republic of Iran Rostam Ghasemi to Azerbaijan, a meeting was held between the Azerbaijani and Iranian delegations. From the Azerbaijani side, the meeting was attended by Deputy Prime Minister Shahin Mustafayev, Minister of Digital Development …

Croatia will send three delegation to Azerbaijan for the upcoming Southern Gas Corridor Advisory Council’s meeting in February, Croatian embassy in Baku told Trend. “There will be 3 delegations from the Ministry of Economy and Sustainable Development of the Republic of Croatia: State Secretary Ivo Milatić, Director Kristina Čelić and Florijana …

Bulgarian energy minister Alexander Nikolov will visit Azerbaijan in February to take part in the meeting of the Southern Gas Corridor’s Advisory Council to be held in Baku, Trend learned from diplomatic sources. “Bulgaria’s delegation will be led by Alexander Nikolov – Minister of Energy,” said the source. The Southern Gas Corridor, …

Azerbaijan has made great strides in channeling oil revenues into the non-oil sector, Trend reports. The non-oil sector growth in Azerbaijan amounted to 20 percent in 2021, which is the record level in the history of the country’s independence. VAT receipts in the non-oil industry increased by 17 percent in 2021. The …

Some 15 micro and small entrepreneurs of Azerbaijan have demonstrated their products at the 28th International Trade Food and Beverage Exhibition (Anfas Food Product) in Antalya, Turkey. According to the Small and Medium Business Development Agency of Azerbaijan (KOBIA), Azerbaijan`s stand features agricultural, food and beverage products manufactured in the …