Economy

By Leman Mammadova Economic relations between Azerbaijan and South Korea continue to expand.An Azerbaijani-South Korean business meeting will be held in Baku on November 20, the Korea Trade-Investment Promotion Agency (KOTRA) said in a message.Representatives of three Korean companies, namely, GS Global Corporation, BHI LTD and GV International, operating in …

An Azerbaijani delegation, led by the minister of economy, the co-chairman of the Azerbaijan-China Intergovernmental Commission for Trade and Economic Cooperation, Shahin Mustafayev, met with President of the Chinese Greenland Group Zhang Yuliang, the Ministry of Economy of Azerbaijan said in a statement.A presentation of Greenland Group’s activities was held …

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 …

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 …

Azerbaijan has proposed China to establish a working group in order to coordinate relations in the field of transport. This issue was discussed at a meeting of Azerbaijan’s Minister of Economy Shahin Mustafayev with the General Manager of the China Railway Lu Dongfu, the Ministry of Economy said in a …

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 …

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 …

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 …

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 …

A delegation led by Orxan Mammadov, Chairman of the Supervisory Board of the Agency for Development of Small and Medium-Sized Enterprises (SMEs) under Azerbaijan’s Ministry of Economy, has been in a working visit to Saudi Arabia.The delegation took part at the ‘Future Investment Initiative’ conference internationally known as the ‘Davos …