Economy

Iran has exported goods worth $441,824,000 to Azerbaijan last year, according to Iran `s Trade Promotion Organization. Azerbaijan is the 12th largest importer of Iranian goods. Last year Iran exported goods worth $281 billion to Russia and $2.4 billion to Turkey. “Economic relations between Iran and Azerbaijan are rapidly developing,” …

“Russia, Switzerland and Turkey were Azerbaijan`s top three exporters in the first three months of the year,” according to the State Statistics Committee. Official figures suggest that Azerbaijan imported goods worth $437,723,000 from Russia in the first quarter of 2019. Imports from Switzerland totaled $412,076,000 million, while imports from Turkey …

“Seven Croatian companies operate in Azerbaijan in construction, communications and other areas,” said Deputy Minister of Economy Rufat Mammadov as he addressed the Azerbaijan-Croatia Business Forum in Baku. “New contacts will be established and talks on making mutual investments will be held during the meeting. Both countries are keen to …

The United States Agency for International Development (USAID) Mission in Azerbaijan and the United States-Azerbaijan Chamber of Commerce (USACC) have signed a memorandum of understanding on collaboration towards common goals. These two partners will work together to help stimulate economic growth, and to promote trade and commerce, as well as …

The award ceremony of the prestigious Sky Travel Awards 2019 has been held in Moscow on the sidelines of the 4th International SKYSERVICE 2019 Forum. Heydar Aliyev International Airport is recognized as the best airport with a passenger traffic of less than 10 million, according to travel bloggers. Bloggers rated …

The Ministry of Transport, Communications and High Technologies has properly fulfilled the duties assigned to it within the framework of the Formula 1 Azerbaijan Grand Prix 2019, which will be held in Baku on April 26-28, the ministry said. “The ministry has taken all the necessary measures to provide the …

Azerbaijan Airlines in-flight magazine received the “National Heritage” award of the Azerbaijan Ministry of Culture for its merits in the promotion of Azerbaijan’s cultural heritage. The award was handed out at the presentation of the book “Stone Guards” of the IRS series, prepared by the IRS Publishing House, and was …

Dedicated to the 96th anniversary of national leader of Azerbaijan Heydar Aliyev, the 4th SOCAR International Caspian and Central Asia Downstream Forum: Trading, Logistics, Refining, Petrochemicals has got underway in Baku. Addressing the event, Minister of Energy of Azerbaijan Parviz Shahbazov, Minister of Ecology and Natural Resources Mukhtar Babayev, First …

“Trade between Azerbaijan and Iran increased 4.5 percent in the first two months of 2019,” said Azerbaijan`s Minister of Economy Shahin Mustafayev. He noted that the bilateral trade saw a 74 percent increase in 2018.

Azerbaijan Airlines (AZAL) has held a presentation of its new regular Baku-Almaty-Baku route for travel operators and agents of Kazakhstan in Almaty. In his opening remarks, head of the AZAL Marketing and Production Department Fuad Yusifov noted that the new destination of the national Airline was very successful, and with …