Tag Archives: Azerbaijan

Marcos Neto, Assistant Secretary-General of the UN and Director of the Organization’s Policy Work and Program Support Bureau, expressed optimism about Azerbaijan’s upcoming chairmanship of COP29, Azernews reports. In a recent update shared on the United Nations Development Programme’s (UNDP) X account, Neto highlighted the significance of this year’s COP, emphasizing that …

Azerbaijan Culture Minister Adil Karimli has received the Serbian Culture Minister, co-chairman of the Inter-Governmental Commission between Azerbaijan and Serbia Nikola Selaković to discuss prospects of cooperation, Azernews reports. Speaking at the meeting, Adil Karimli emphasized that the relations between Azerbaijan and Serbia are developing comprehensively on the basis of the relations …

National Carpet Museum has presented Daryanur Carpet, which belongs to Garabagh Group, Azernews reports. The carpet was made by the National Carpet Museum for the Janis Akuraters Museum in Latvia. The Azerbaijani Ambassador to Latvia Elnur Sultanov, Speaker of the Saeima (Latvian Parliament) Daiga Mierina, director of the National Carpet Museum Amina …

Thirty one year have passed since the establishment of the International Organization of Turkic Culture (TURKSOY), Azernews reports. On July 12, 1993, at a meeting held in Almaty with the participation of the ministers of culture of Azerbaijan, Kazakhstan, Kyrgyzstan, Uzbekistan, Turkiye and Turkmenistan, an agreement was signed on the establishment of …

Pakistan and Azerbaijan on Thursday agreed to enhance the bilateral investment level of up to $2 billion in areas of mutually beneficial projects. Azernews reports, citing Pakistan Observer, that in a joint press stakeout along with Azerbaijan President Ilham Aliyev after witnessing the signing of agreements and memoranda of understanding in …

The forecasted cash generation of the State Oil Company of Azerbaijan (SOCAR) of around 2 billion manats ($1.176 billion) over 2024-25 should be sufficient to cover estimated debt maturities of 9.3 billion manats ($5.47 billion) over this period, according to the rating action of the Moody’s international rating agency, according …

Azerbaijan is actively restoring and revitalizing its economy in the territories liberated from occupation, particularly in Garabagh, directing all state resources and capacities toward establishing local economies at the most modern standards. This effort is a pivotal focus area under the “Azerbaijan 2030: National Priorities for Socio-Economic Development” program, emphasizing …

In the first quarter of this year, “SOCAR Ukraine,” a subsidiary of the State Oil Company of Azerbaijan Republic (SOCAR) in Ukraine, was the leading company in terms of tax payments from fuel sales, Azernews reports, citing “Unian”. This was revealed in a study conducted by specialists from the Ukrainian …

bp has announced four new appointments to its business leadership team in the Azerbaijan, Georgia, and Türkiye (AGT) regions, Azernews reports. “These changes are part of bp’s continual commitment to safe and reliable operations in the region, as well as to the development of its national staff and workforce involved in its …

Hikmet Hajiyev, Assistant to the President of Azerbaijan and Head of Foreign Policy Affairs at the Presidential Administration, responded sharply to a statement by the Secretary of the Armenian Security Council, describing it as an attempt to deflect accountability and whitewash Armenia’s leadership for their recent defeats, Azernews reports. “The claim by …