Economy

Azerbaijan and Russia held the Baku-initiated consultations over issues related to the Caspian Sea on June 17, Trend reported. The deputy foreign minister and the Azerbaijani president’s special representative for the border and the Caspian Sea issues, Khalaf Khalafov, represented Azerbaijan at the consultations. Russia was represented by the Russian Foreign Ministry ambassador-at-large, the Russian …

Turkey will open vocational education institutions in Azerbaijan, Trend reports. At an extraordinary plenary session of the Parliament of Azerbaijan, the issue of approving the ‘Protocol on cooperation in the field of vocational education between the government of Azerbaijan and the government of Turkey’ was discussed. According to the protocol, …

Azerbaijan and Belarus have agreed to expand the range of supplied agricultural products, Belarusian media has reported. The issue was touched upon at a working meeting of Belarus’ Agriculture and Food Minister Ivan Krupko with Azerbaijan’s Agriculture Minister Inam Kerimov and Food Security Agency’s Chairman Goshgar Tahmazli. During the meeting, …

The State Oil Company of Azerbaijan (SOCAR) will hold a public auction for industrial waste management, Trend reports referring to a source in SOCAR. The company’s Environmental Department has announced a public auction to manage recyclable industrial waste. The auction is open to specialized companies with practical experience in the field of …

The Supervisory Board of the State Oil Company of Azerbaijan (SOCAR) held its regular meeting, Trend reports referring to a source in the company. According to the source, the meeting participants exchanged views on the implementation of the company’s financial plan for 2021. Chairman of the Board, Minister of Economy Mikayil Jabbarov …

Russia’s agriculture watchdog Rosselkhoznadzor has lifted the ban on tomato imports from five more Azerbaijani enterprises from May 25, Azerbaijan Food Safety Agency has reported. So far, relevant Russian authority lifted the ban on import for 131 tomato producer companies operating in Azerbaijan. Currently, the export potential of enterprises that are allowed to …

Azerbaijan increased the volume of production in the non-oil and gas sector by 16.5 percent in January-April 2021, the State Statistics Committee has reported. During the reported period, industrial products worth AZN 14.9 billion ($8.7bn) were produced, which is by 3.8 percent less compared to the same months of last year. …

Azerbaijan and the Czech Republic have discussed cooperation in the field of nanotechnology. During an online meeting with the Czech Nanotechnology Association on May 7, acting head of Azerbaijan’s Export and Investment Promotion Foundation (AZPROMO) Yusif Abdullayev expressed interest in establishing cooperation with the Association. Association’s head Jiri Kus briefed …

Azerbaijan and Georgia have signed a protocol on bilateral cooperation in the railway sector as Chairman of Azerbaijan Railways CJSC Javid Gurbanov met with a delegation led by Chief Executive Officer of Georgian Railways JSC David Peradze in Baku. Addressing the meeting, Javid Gurbanov highlighted prospects of cooperation existing between …

Azerbaijan`s Ministry of Energy and the Japanese company TEPSCO have signed an agreement in order to fulfill the tasks set by President of the Republic of Azerbaijan Ilham Aliyev in connection with the establishment of the “green energy” zone in the liberated territories at the meeting dedicated to the socioeconomic …