Economy

The delegation of Azerbaijani entrepreneurs left for Saudi Arabia to establish cooperation, the Azerbaijan Export and Investment Promotion Foundation (AZPROMO) told Trend on Dec. 13. “The Azerbaijani delegation includes 29 companies engaged in the production of building materials, textiles, canned products, juices, as well as travel agencies, etc.,” AZPROMO said. …

Co-organized by Azerbaijan’s Ministry of Agriculture and Ministry of Economy, an Azerbaijan-Turkey agricultural forum has been held in Baku. Participants in the event included heads of Azerbaijan’s government bodies, businessmen, and a 65-member Turkish delegation. Addressing the forum, Azerbaijan’s Minister of Agriculture Inam Karimov noted that built on the basis …

In Azerbaijan, always welcome guests. Whenever you come here, a warm and cordial welcome awaits you. But there are such festivals in our country that seem to be created to demonstrate the generosity of the Azerbaijani land and the hospitality of the people. If you make a visit to such …

By Leman Mammadova As many as 60,000 tons of sheep wool was exported to Russia through Azexport portal of the Center for Analysis of Economic Reforms and Communications, Azertac reported. Official figures show that over the past 10 years, wool has not been exported from Azerbaijan to Russia. It should …

Azerbaijan has invested $14.3 billion in Turkey’s economy, of which $12.8 billion was invested in the oil sector, while $1.5 billion – in the non-oil sector, Trend reports citing acting president of the Azerbaijan Export and Investment Promotion Foundation (AZPROMO) Yusif Abdullayev as saying. Abdullayev made the remarks at the …

There is a serious need for state regulation of the appraisers’ activities in Azerbaijan, Vugar Oruj, director of the assessment company Koneko Group and deputy chairman of the Society of Appraisers of Azerbaijan, told Trend. “Inexperienced appraisal companies damage the country’s banking system. I believe there is a serious need …

Serbian President Aleksandar Vucic has met with the Azerbaijani delegation led by Minister of Economy Shahin Mustafayev. The Serbian President recalled his recent visit to Azerbaijan and asked the Azerbaijani delegation to extend his greetings to President Ilham Aliyev. President Aleksandar Vucic hailed the developing relations between the two countries, …

Azerbaijan’s first trading house has opened in the Polish capital of Warsaw. Addressing the event, Economy Minister Shahin Mustafayev emphasized that the opening of the trading house testifies to the importance the Azerbaijani and Polish heads of state attach to developing economic and trade relations between the two countries. “At …

Azerbaijani and Saudi Energy Ministers adhere the continuation of cooperation between OPEC and non-OPEC countries in 2019 in terms of oil market regulation, as Energy Minister Parviz Shahbazov met Saudi Arabia’s Minister of Energy, Industry and Mineral Resources Khalid A.Al-Falih in Vienna. The meeting focused on the factors that make …

Azerbaijani and Saudi Energy Ministers adhere the continuation of cooperation between OPEC and non-OPEC countries in 2019 in terms of oil market regulation, as Energy Minister Parviz Shahbazov met Saudi Arabia’s Minister of Energy, Industry and Mineral Resources Khalid A.Al-Falih in Vienna. The meeting focused on the factors that make …