Economy

Export of oil and petroleum oils from Georgia to Azerbaijan increases, APA’s local bureau reports citing Georgian State Statistics Committee. 116 447,3 tons of products worth $64186,7 thousand were exported to Azerbaijan from this country in January-June of this year. 94 824,1 tons of products worth $57 977,9 thousand were exported to …

AzeriCard LLC has become a partner of the 9th International Caspian Energy Forum Baku – 2019 which will take place in Azerbaijan’s capital on September 19. The 9th International Caspian Energy Forum Baku – 2019 is dedicated to the 25th anniversary of signing of the Contract of the Century and …

Azerbaijan and Bosnia and Herzegovina have explored how to strengthen cooperation in electricity regulation as Chairman of Azerbaijan Energy Regulatory Agency’s Board Samir Akhundov met with chairman of State Electricity Regulatory Commission (SERC) of Bosnia and Herzegovina Suad Zeljković. Zeljković shared his country’s experience in the field of electricity regulation. …

Azerbaijan exported 770 million cubic meters of natural gas to Turkey in May 2019, becoming the country`s second largest gas supplier after Russia (894 million cubic meters). According to the Turkish Energy Market Regulatory Authority (EMRA) report, Turkey`s gas import from Azerbaijan increased by 46 million cubic meters compared to …

Azerbaijan’s Minister of Transport, Communications and High Technologies Ramin Guluzade has met with Minister of Finance, Afghan President`s Chief Adviser Mohammad Humayon Qayoumi to discuss the ways of developing cooperation between the two countries in the fields of transport, transit and ICT. They exchanged views over the implementation of joint …

President of State Oil Company of Azerbaijan Republic (SOCAR) Rovnag Abdullayev has met with a delegation led by Chairman of Board of Supervisors of China’s Silk Road Fund Yang Zejun. Rovnag Abdullayev hailed the huge investment opportunities of the Silk Road Fund of China, stressing that it can contribute to …

The Minister of the Economy and Finance of France Bruno Le Maire is expected to visit Azerbaijan at the end of this month, Azerbaijani Finance Minister Samir Sharifov said during a meeting with President of MEDEF (Movement of the Enterprises of France) Geoffroy Roux de Bézieux, who heads the delegation …

Azerbaijan Export and Investment Promotion Foundation (AZPROMO) has invited Azerbaijani entrepreneurs to attend the International Medical Investment Forum “Avisenna” to be held on August 15-18 in Dushanbe, Tajikistan. Entrepreneurs wishing to participate in the forum can apply for the details to AZPROMO.

Bilateral consultations between Azerbaijan and Russia on Caspian Sea issues took place on July 4, APA‘s Moscow Bureau reports. Deputy Foreign Minister of Azerbaijan, Special Representative of the President of Azerbaijan for the Border and the Caspian Sea issues Khalaf Khalafov, Ambassador-at-large of the Ministry of Foreign Affairs of the Russian …

“Insurers will agree that current tariffs on insurance types do not meet today’s requirement”, said Ibrahim Alishov, Executive Chairman of Financial Market Supervisory Authority at the 9th International Insurance Forum on “Insurance market in Azerbaijan: trends and opportunities”, APA-Economics reports. According to him, we have already passed definite stage of the …