Economy

Belkommunmash engineering company and Ganja Automobile Plant are exploring a joint project to assemble electric buses in Azerbaijan, Belarus Deputy Prime Minister Mikhail Rusy said as he met with head of Ganja City Executive Authority Niyazi Bayramov, BelTA has learned. Mikhail Rusy noted that the cooperation with Azerbaijan in general …

Zimbabwe has a strong interest in the experience of Azerbaijan in the proper organization of governance, the conduct of independent policies based on national interests and also in the country’s experience in economic and social reforms, Azerbaijani MP Tahir Rzayev told Trend, commenting on the visit of the Zimbabwean President …

Electric trains will run from Makhachkala, Dagestan (federal subject of the Russian Federation) to the border with Azerbaijan, Trend reports via Russian media. The relevant agreement was reached during the meeting held in the government of Dagestan Republic under the leadership of First Deputy Chairman Gadzhimagomed Huseynov. The meeting’s agenda …

The trade between Azerbaijan and Ukraine has reached record high of $829 million in 2018, which is $18 million more than the previous year. According to the State Statistics Committee of Ukraine, exports from Azerbaijan to Ukraine reached $358.738 million, while imports amounted to $469.798 million last year. The trade …

Global oil supply fell by 950 thousand barrels per day (kb/d) in December, led by lower OPEC output with 100.6 million barrels per day (mb/d) ahead of new supply cuts, according to data of the International Energy Agency (IEA) on Friday, Anadolu Agency reported. According to the IEA, a sharp …

The low-cost airline Buta Airways will launch direct flights from Baku to two more cities of Ukraine – Odessa and Kharkiv. Flights to Odessa will be operated starting from May 16 this year on Thursdays and Sundays, while to Kharkiv – starting from May 3 on Tuesdays and Fridays. Opening …

The price of Azerbaijani oil has increased on the world markets. The price of a barrel of Azeri Light crude oil rose $1.23 to stand at $62.75.

An Azerbaijani delegation is participating in the international SATTE 2019 exhibition held in New Delhi, India on January 16-17, aiming to broadly promote the country’s tourism potential abroad. Azerbaijan is represented at the two-day event by 19 agencies, including experts of State Tourism Agency and the Azerbaijan Tourism Board, along …

Azerbaijan’s Ambassador to the Czech Republic Farid Shafiyev has met with the country’s Minister of Agriculture Miroslav Toman. The parties discussed ways to expand cooperation in agriculture between the two countries, especially by increasing agricultural production exported from Azerbaijan to the Czech Republic. The sides also exchanged views over completing …

Starting from May 16, 2019, the low-cost airline Buta Airways will launch direct flights to another Russian city -Astrakhan. Astrakhan will be the fifth destination of the low-cost airline in Russia. The airline is already operating regular flights from Baku to Moscow, St. Petersburg, Kazan and Mineralnye Vody. The minimum …