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Economy

Articles about Azerbaijani economy. Market in Azerbaijan, macroeconomics and microeconomics, trends.

Turkey, Azerbaijan, Kazakhstan sign MoUs on diaspora policies

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Turkey signed memorandums of understanding with Azerbaijan and Kazakhstan on diaspora policies on Thursday, reported inform.kz referring to Anadolu Agency. The MoUs were signed between Turkey’s Presidency for Turks Abroad and Related Communities (YTB) and the Azerbaijan State Committee on Affairs with Diaspora; and another between YTB and Kazakhstan Citizens Foundation. Speaking …

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Azerbaijan, Turkic Culture and Heritage Foundation sign agreement

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Azerbaijan`s Foreign Minister Elmar Mammadyarov and President of the Turkic Culture and Heritage Foundation Gunay Afandiyeva have signed “The Host Country Agreement between the Government of the Republic of Azerbaijan and the Turkic Culture and Heritage Foundation”. The sides also exchanged their views on the issues of bilateral cooperation, as …

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Turkey: trilateral co-op formats with Azerbaijan contribute to region’s development

Trilateral formats of cooperation with Azerbaijan contribute to the development of the region, the Turkish presidential administration told Trend Nov. 8. It was noted that there are such cooperation formats as Turkey-Georgia-Azerbaijan, Turkey-Iran-Azerbaijan and Turkey-Azerbaijan-Turkmenistan. “The formats of cooperation with Azerbaijan are very important,” the Turkish presidential administration said. It …

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Azerbaijan Confederation of Entrepreneurs signs MoU with Agency for Small and Medium Entrepreneurship and Romanian Chamber of Commerce and Industry

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National Confederation of Entrepreneurs (Employers) Organizations of Azerbaijan (ASK) has signed Memorandums of Understanding on mutual cooperation with the Small and Medium Entrepreneurship Development Agency (SMEs) and Chamber of Commerce and Industry of Romania (CCIR). The memorandums were signed by ASK President Mammad Musayev, Chairman of Agency for Development of …

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Azerbaijan re-elected as member of ITU Council

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Azerbaijan has been re-elected as a member of the Council of the International Telecommunication Union (ITU) with 119 votes. Azerbaijan became one of the 48 countries represented in the Council of the ITU. Only Azerbaijan and Russia from the CIS countries are members of the ITU Council. The International Telecommunication …

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Azerbaijan is strategic energy partner for European Commission

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Azerbaijan is a strategic energy partner for the European Commission, together with other Eastern Partners, the European Commission told Trend talking about how the EU can contribute to the promotion of clean energy strategy in Azerbaijan. “Concerning the energy policy pursued with Europe’s Eastern Neighborhood, the energy work program for …

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Azerbaijani delegation to visit China

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An Azerbaijani delegation led by Co-chairman of Azerbaijan-China Intergovernmental Commission on trade and economic cooperation, Minister of Economy Shahin Mustafayev will be visiting China from November 4-8.The delegation will participate in the First China International Import Expo in Shanghai, where Azerbaijan`s stand will be showcased, as well as the forums …

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Azerbaijan significantly increases agricultural exports

By Narmina Mammadova Azerbaijan has significantly increased exports of fruits and vegetables, says the article of the Minister of Agriculture Inam Karimov, published in the official press. It is noted that during 2003-2017, the real increase in manufacture of agricultural products in general amounted to 166.4 percent, in particular, in …

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