Economy

The Rasht-Astara railway project in the Gilan Province (northern Iran) is very important for Iran and Azerbaijan, Iranian Minister of Roads and Urban Development Rostam Ghasemi said, Trend reports. He made the remark during a meeting with Azerbaijani delegation led by Deputy Prime Minister of Azerbaijan Shahin Mustafayev. According to Ghasemi, that …

Azerbaijan increased electricity exports to neighboring Georgia by 1.56 percent, bringing the volume of exports to 505.7 million kWh in January-October 2021, Azertag has reported. During the reported period, Georgia imported a total of 1.7 billion kWh of electricity. Thus, Azerbaijan accounted for 29.32 percent of Georgia’s total electricity imports. It …

The 25th International Business Forum (IBF), co-organized by Azerbaijan’s Small and Medium Business Development Agency (SMBDA), Turkey’s Independent Industrialists and Businessmen Association (MUSIAD) and IBF, has kicked off in Baku. The event brings together high-level state officials from nearly 30 countries, representatives of international organizations, diplomatic corps, business associations, chambers …

The next step has been taken to facilitate the export of agricultural products produced in Azerbaijan. Thus, the new project, developed jointly by the Azerbaijani and Russian railways, provides for the quality and timely delivery of perishable agricultural products produced in Azerbaijan to the main market, Russian consumers. The project …

“Further expansion of cooperation with Azerbaijan is in line with business interests of BP”, said Chief Executive Officer of BP Bernard Looney as he met with President of Azerbaijan State Oil Company (SOCAR) Rovnag Abdullayev at SOCAR’s main office. Emphasizing the importance of the meeting between President Ilham Aliyev and …

Parliament Speaker Sahiba Gafarova has said that Azerbaijan and the United Kingdom are effectively cooperating in the economic and energy sectors. She made the remarks at the meeting with a delegation led by the head of the UK-Azerbaijan inter-parliamentary friendship group, member of the UK House of Commons Bob Blackman, on November …

Rector of Baku Higher Oil School (BHOS) Elmar Gasimov has met with head of the “Neftqaztikinti” trust of the State Oil Company of Azerbaijan (SOCAR) Gaghamali Seyfullayev. At the meeting, which took place in the office of the trust, the conditions created for the newly hired BHOS students and graduates …

The last panel within the 8th Global Forum has been held in Shusha. Co-Chairman of the Nizami Ganjavi International Center Ismail Serageldin delivered a lecture on the value of cultural heritage from an economic point of view during the panel titled “The Valuation of Culture”. Serageldin demonstrated the methods for calculating the …

A delegation of the Unitary Enterprise “Geoinformation Systems” of the National Academy of Sciences of the Republic of Belarus has visited the Azerbaijan Space Agency (Azercosmos) under the Ministry of Digital Development and Transport. During the visit, they were informed about the activities of Azercosmos, the satellites it operates and …

In accordance with the decision of the Interdepartmental Commission on Preventing the Emergence and Spread of Coronavirus Infection in Kazakhstan dated September 21, 2021, regular flights between Kazakhstan and Azerbaijan will be resumed, Trend reports with reference to Kazinform. According to the information, starting from November 7, 2021, Air Astana plans to …