Economy

Azercell brings 4G high-speed Mobile Internet to Azerbaijan

25.05.2012 | Readed: 1464

On the eve of the second semi-final of the Eurovision 2012 Song Contest, Azercell Telecom presented the latest technology to its subscribers. "The company completed all the necessary procedures for launching the high-speed Mobile Internet services based on 4G technology. Mobile Internet with 4G......

BTC pipeline transported over 193 million tons of oil up to date

24.05.2012 | Readed: 1257

The 2012 capital expenditures for the Baku-Tbilisi-Ceyhan (BTC) is $61,7 million. In the first half of the year, BTC spent $7,1 million in capital expenditures. BTC's daily throughput capacity is currently 1.2 million b/d. Since the start-up, June 4, 2006 up to date, 1,870......

Elmar Mammadyarov: Azerbaijan`s Achievement

24.05.2012 | Readed: 1283

"Hosting Eurovision in Baku this year helped Azerbaijan demonstrate its progress which the country managed to attain through the years of independence."  The statement came from Azerbaijani Minister of Foreign Affairs Elmar Mammadyarov in the article published in The Wall Street......

Azerbaijani delegation takes part in 5th Astana Economic Forum

24.05.2012 | Readed: 1307

A delegation led by Samir Sharifov, Finance Minister of Azerbaijan, has participated in the fifth Astana Economic Forum (AEF) dedicated to the challenges and prospects of world economic development in terms of global transformation. The event is co-organized by the support of the "Eurasian......

Azerbaijani delegation takes part in opening ceremony of 5th Astana Economic Forum

24.05.2012 | Readed: 1334

Azerbaijani delegation led by Finance Minister Samir Sharifov attended the official opening ceremony of the Fifth Astana Economic Forum (AEF) dedicated to the challenges and prospects of world economic development in terms of global transformation. The ceremony was attended by the......

FAO completes project "Capacity building in rural development for internally displaced persons and refugees in new settlements of Agdam district in Azerbaijan"

18.05.2012 | Readed: 1324

The Azerbaijani officials led by Chairman of the State Committee on Refugees and IDPs Ali Hasanov, MPs, staff of FAO and embassies of Brazil and Switzerland in Azerbaijan visited Agdam region. The aim of the visit is to participate in the trade exhibition dedicated to completion of the......

Baku hosts Azerbaijan-Serbia business forum

17.05.2012 | Readed: 1357

Azerbaijan-Serbia business forum organized by Azerbaijan`s Investments and Export Promotion Foundation (AzPROMO) held in Baku. The event brought together businessmen engaged in the fields of agriculture, construction, machine-building, metal-working, telecommunications, furniture, tourism......

ADA presents book "Azerbaijan as a regional hub in Central Eurasia"

16.05.2012 | Readed: 1336

A presentation of Taleh Ziyadov`s book "Azerbaijan as a regional hub in Central Eurasia" took place in Azerbaijan Diplomatic Academy (ADA).  Rector of ADA Hafiz Pashayev hoped the studies carried out in the book would make contribution to development of the conception "Azerbaijan 2020:......

Azerbaijan Milli Majlis speaker meets chairperson of Bulgarian National Assembly

15.05.2012 | Readed: 1320

On May 14th Speaker of Azerbaijan Milli Majlis Ogtay Asadov met chairperson of the National Assembly of Bulgaria, Tsetska Tsacheva.  First they met in private. Then, the meeting continued in presence of delegations. Asadov said Azerbaijan-Bulgaria relationship had old history. He......

Azerbaijani minister of finance participates in ADB`s annual meeting

08.05.2012 | Readed: 1301

The Azerbaijani minister of finance Samir Sharifov participated in the 45th annual meeting of the ADB Board of Governors in Manila, the capital of Philippines.  Sharifov and ADB President Haruhiko Kuroda touched on social and economic development of Azerbaijan, simultaneous economic......

Azerbaijani Finance Minister received IMF mission

03.05.2012 | Readed: 1298

Finance Minister Samir Sharifov of Azerbaijan received yesterday the International Monetary Fund mission headed by Nadeem Ilahi. According to the Ministry of Finance, in the meeting the sides discussed the latest economic trends and prospects, the outcome of State Budget implementation in......

Azerbaijan, Korea mull customs cooperation

02.05.2012 | Readed: 1404

On May 1st head of the Azerbaijan`s State Customs Committee (SCC) Aydin Aliyev met Commissioner of the Korea Customs Service Joo Yung-sup. Aydin Aliyev updated his Korean counterpart on the SCC`s activity and progress achieved in the past 20 years. He also highlighted the Korean......

Alternative energy may become a new sphere of cooperation between and Azerbaijan`

01.05.2012 | Readed: 1325

"Alternative energy may become a new sphere of cooperation between Netherlands and Azerbaijan," said ambassador of Netherlands to Azerbaijan Arjen Peter at the press-conference here.  The ambassador said the Dutch companies successfully cooperate in different fields of Azerbaijan`s......

Azerbaijan ranks first for GDP growth

29.04.2012 | Readed: 1309

Experts of Russia`s RIA Novosti news agency has kept statistics of GDP growth around the world countries. Azerbaijan has reached the top of the list, according to the statistics. The GDP was 10202 USD in Azerbaijan in 2011. The statistical table was worked out on the basis of International......

Azerbaijan`s population reaches 9.265m

22.04.2012 | Readed: 1349

The population of Azerbaijan grew 0.3 percent in the first quarter of this year to reach 9,264,000 people, the State Statistical Committee announced. According to the official figures, the population density reached 107 people per one square kilometer. Some 49.6 percent of the......

Azerbaijani minister of finance meets WB and IMF officials

22.04.2012 | Readed: 1469

Azerbaijani minister of finance Samir Sharifov met with officials of the World Bank and International Monetary Fund in Washington.  Mr. Sharifov met with WB Vice-President for Eastern Europe and Central Asia Philippe Le Houerou. Mr. Sharifov updated the vice-president on social and......

"Azerbaijan to be functioned as a donor country within FAO"

21.04.2012 | Readed: 1415

"Azerbaijan will be functioned as a donor country within the FAO," said Azeri minister of agriculture Ismat Abbasov during the press-conference dedicated to the 28th Regional Conference for Europe (ERC) of the Food and Agriculture Organization of the United Nations (FAO) in Baku. The......

US Department of State estimates Azerbaijan-US intergovernmental economic cooperation commission`s third session as strategic dialogue

21.04.2012 | Readed: 1457

US Department of State made a statement on results of Azerbaijan-US intergovernmental economic cooperation commission's third session. As earlier reported, Washington hosted the third session of Azerbaijan-US intergovernmental commission on economic cooperation. The session,......

Ukraine interested in energy cooperation with Azerbaijan

20.04.2012 | Readed: 1319

Chairman of the Verkhovna Rada of Ukraine Volodymyr Lytvyn has said that Ukraine is interested in cooperation with Azerbaijan in the energy sector,  "Ukraine is interested in the development of cooperation with Azerbaijan in the energy sector. This cooperation includes supplies of......

Third session of Azerbaijan-US Economic Cooperation Committee opens in Washington

19.04.2012 | Readed: 1330

On April 18th the 3rd session of Azerbaijan-US Economic Cooperation Committee opened in Washington. The meeting was co-chaired by the Azerbaijan's Minister of Finance Samir Sharifov and Robert Hormats, Under Secretary of State for Economic, Energy and Agricultural Affairs.  The......

Premier of Azerbaijan meets FAO delegation

19.04.2012 | Readed: 1324

On April 18th Azerbaijan's Prime Minister Artur Rasizade met the delegation led by UN FAO Director General Jose Graziano da Silva.  Premier Rasizade stressed that the government of Azerbaijan pays great importance to cooperation with the FAO, highly assessing the decision of......

37th session of European Commission on Agriculture kicks off in Baku

18.04.2012 | Readed: 1323

On April 17th, the 37th session of European Commission on Agriculture started here.The session hosted by Azerbaijan`s Ministry of Agriculture has brought together officials of 54 European and Central Asian member-state of Food and Agriculture Organization of the United Nations, as well as......

Japan International Cooperation Agency to support reconstruction of water supply and sanitation project

17.04.2012 | Readed: 1482

The meeting with delegation of the Japan International Cooperation Agency was held in national water operator "Azersu" JSC.  Azerbaijan's national water operator Azersu informs that upgrade of water supply and sanitation in urban areas Gusar, Khachmaz and Lankaran will be......

IUF Representatives visit Azerbaijan Trade Unions Confederation

14.04.2012 | Readed: 1365

Representatives of the International Union of Food, Agricultural, Hotel, Restaurant, Catering, Tobacco and Allied Workers` Association (IUF) visited on Friday the Azerbaijan Trade Unions Confederation to meet with ATUC`s chairman , MP Sattar Mehbaliyev. Sattar Mehbaliyev informed......

Azerbaijan, Macedonia sign customs cooperation agreement

13.04.2012 | Readed: 1388

An Agreement on customs cooperation and mutual assistance was signed between Azerbaijan and Macedonia.  The document was signed in Baku by chief of the Azerbaijan State Customs Committee, Aydin Aliyev and Director General of the Macedonian Customs Administration, Vanco......

Baku forum focuses on planned oil and gas complex

11.04.2012 | Readed: 1469

Azerbaijani state oil company Socar on Tuesday opened a three-day forum at the Hilton hotel in Baku to feature discussions on building a major oil and gas refining and petrochemicals complex in Azerbaijan.  The aim of the Forum is to give information about SOCAR's project to a wide......

Baku hosts SOCAR OGPC Forum

11.04.2012 | Readed: 1629

Azerbaijan`s state oil firm, SOCAR, opened Oil Gas Processing and Petrochemical Complex (OGPC) Forum in Baku. Sponsored by SOCAR, the forum is organized by Iteca Caspian and INBC Consulting. OGPC Forum is designed to provide a detailed presentation of the new Oil Gas Processing and......

AzVirt to build highway in Serbia

10.04.2012 | Readed: 3689

Director of the Koridori Srbije Company Mihajlo Misic inked Saturday evening with representatives of the Azerbaijani company AzVirt an agreement on construction of a E-763 highway section through Serbia. AzVirt Director Kamil Aliyev said after the signing ceremony that he expects great......

ICT Ministry hosts board meeting on Eurovision-2012

10.04.2012 | Readed: 1300

Azerbaijan`s Information Technology and Communication Ministry has held its board meeting presided over by Minister Ali Abbasov on the progress achieved to ensure the sustainable operations of TV and radio broadcasting and other communication services during the Eurovision-2012 song......

Azerbaijan`s Premier meets Ukrainian counterpart

05.04.2012 | Readed: 1302

Azerbaijan's Prime Minister Artur Rasizade met with the visiting Ukrainian Premier Mykola Azarov.  Premier Rasizade noted that there is good potential for wider cooperation between the two countries and highly estimated current visit of the Ukrainian delegation to Azerbaijan. ......

Azerbaijan joins Floriade-2012 exhibition

05.04.2012 | Readed: 1342

A Floriade world horticultural expo 2012 opened in Venlo, The Netherlands on Wednesday. According to the Azerbaijan Republic Chamber of Commerce and Industry, about 50 countries and international organizations participated in the event. Azerbaijan showcased its potential in 700 sq.......

Azerbaijani Premier meets Lithuanian delegation

03.04.2012 | Readed: 1325

On April 2nd Prime Minister of Azerbaijan Artur Rasizade met the Lithuanian delegation led by Foreign Minister Audronius Ažubalis. During the conversation Rasizade pointed out relations between the two countries develop steadily, expressing assurance such visits would contribute to......

Azerbaijan plays important role in energy security of Europe

03.04.2012 | Readed: 1383

Azerbaijan plays an important role in energy security of Europe, and is distinguished from other countries by its political and democratic development, co-president of the Euronest PA Christian Vigen said at a meeting with speaker of Azerbaijan Milli Majlis Ogtay Asadov. Vigen added the European......

Turkey`s "Zaman" newspaper publishes article on energy policy in Caspian-Black Sea basin by Azerbaijani professor

28.03.2012 | Readed: 1407

Turkey`s "Zaman" newspaper published an article on energy policy in the Caspian-Black Sea basin by the Azerbaijani professor Ali Hasanov.  The article features information on creation of new geopolitical and geo-economic conditions in the light of export of rich energy resources from......

Tajik President receives Azerbaijan`s Minister of Economic Development

06.03.2012 | Readed: 1429

On March 5th President of Tajikistan Emomali Rahmon received Azerbaijan`s Minister of Economic Development Shahin Mustafayev on the sidelines of the first meeting of the Azerbaijani-Tajik intergovernmental commission on trade and economic cooperation here. According to the Tajik......

Azerbaijan, Tatarstan: reciprocal visits promote development of relations

06.03.2012 | Readed: 1350

On March 5th Azerbaijan`s Prime Minister Artur Rasizade met the delegation led by the Premier of the Republic of Tatarstan of the Russian Federation Ildar Khalikov.  Development of the two countries` bilateral relations, as well as the business ties were in focus. Rasizade......

Dushanbe hosts 1st meeting of Azerbaijan-Tajikistan Intergovernmental Commission on trade and economic cooperation

06.03.2012 | Readed: 1408

The first meeting of Azerbaijan-Tajikistan Intergovernmental Commission on trade and economic cooperation was held Monday in Dushanbe. Azerbaijan`s delegation at the event was headed by co-chair of the Commission, Economic Development Minister Shahin Mustafayev. Addressing the......

Azerbaijan`s Ministry of Economic Development and Belarus Economy Ministry sign cooperation agreement

23.02.2012 | Readed: 1365

On February 22nd Azerbaijan`s Ministry of Economic Development and Belarus Economy Ministry signed an agreement of cooperation. The document was signed by Azerbaijani Economic Development Minister Shahin Mustafayev and Belarus Economy Minister Nikolai Snopkov. The document envisages......

Azerbaijan`s essential role in future EU energy security highlighted in the House of Lords

19.02.2012 | Readed: 1268

Standing room only was available in Committee Room G in the House of Lords on 16 February when energy expert Professor Alan Riley, City University, delivered an inspiring lecture, hosted by Lord Laird, on Post-Nabucco? The Options for the Southern Gas Corridor. The lecture, organized by the......

Saakashvili: "Azerbaijan`s President Ilham Aliyev is an historical person for Georgia"

18.02.2012 | Readed: 1561

"Azerbaijan`s President Ilham Aliyev is an historical person for Georgia," said President of Georgia Mikheil Saakashvili. The Georgian leader received Azerbaijan`s Economic Development Minister Shahin Mustafayev and Turkish Economy Minister Zafer Çağlayan who attended trilateral......

State Oil Fund of Azerbaijan starts investing in gold

17.02.2012 | Readed: 1327

The State Oil Fund of the Republic of Azerbaijan (SOFAZ) has begun investing in gold. The investment aims to branch out the investment portfolio and increase income. According to the press service of SOFAZ, investment portfolio of SOFAZ can be invested in gold. SOFAZ has begun......

New Japanese grant contract signed

17.02.2012 | Readed: 1295

Signing ceremony of grant contract on the project for "Diversification and Improvement of the VTC-Farm of Terter Vocational Training Center" to be implemented within the Framework of "Grassroots and Human Security Grant Assistance Program" provided by the Government of Japan, was held in......


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    I Avropa Oyunlarının təəssüratları uzun müddət xatirələrdə yaşayacaq

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    Hər gün bir tarix, hər gün bir zəfər

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    Birinci Avropa Oyunları məşəlinin Bakının mədəniyyət və incəsənət mərkəzlərinə səyahəti

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