04.11.2010 | Readed: 1222
The Azerbaijan`s Minister of Foreign Affairs, Elmar Mammadyarov, took part in the Fourth Regional Economic Cooperation Conference on Afghanistan in Istanbul. Prior to the opening of the conference, Azeri FM met Turkey`s Foreign minister Ahmad Davudoglu. The meeting focused on the......
04.11.2010 | Readed: 1313
The fourth meeting of the Azerbaijan - Egypt Intergovernmental Committee on Economic, Scientific and Cultural Cooperation is due in Cairo in March, 2011. The meeting will highlight the investment opportunities and trade turnover, prospects of development of Azerbaijani-Egyptian cooperation in......
31.10.2010 | Readed: 1336
Counsellor of Azerbaijan Embassy to Austria Shamil Alasgarov participated in Columbus symposium in Austrian city Saltsburg. Mr. Alasgarov briefed on economic development of Azerbaijan, non-oil sector and large-scale projects. Chief of Azerbaijan State Oil Company`s office in Austria......
27.10.2010 | Readed: 1226
A Turkish delegation led by Zafar Caghlayan, state minister for foreign trade, will be visiting the Nakhchivan Autonomous Republic from Tuesday. During the 2-day stay, the delegation comprised of 90 state officials, border zone authorities and business leaders will hold meetings with......
20.10.2010 | Readed: 1340
Azerbaijani minister of foreign affairs Elmar Mammadyarov met with the US delegation led by US Treasury Under Secretary Stuart Levey. The sides discussed Azerbaijan-US relations, development of bilateral economic cooperation and regional issues. The Azeri minister said the......
13.10.2010 | Readed: 1301
A business forum "Strategic partnership 1520: Caucasus region" kicked off here Tuesday to mark the 130th anniversary of the "Azerbaijan Railways".{nl}The event provides forum for discussions on the railways in CIS member countries and Baltic nations as well as Finland and Mongolia. 1520......
09.10.2010 | Readed: 1279
SOCAR delivered 881 mln 66 thousand cubic meters of gas to the state gas supply system in September. 260 mln 54 thousand cubic meters of gas was injected during September. A total of 621 mln 12 thousand cubic meters of gas was consumed in September. Of this total, 527 mln 120 thousand cubic......
29.09.2010 | Readed: 1270
Azerbaijani Prime Minister Artur Rasizade received Director of the Federal Migration Service of Russia, colonel-general Konstantin Romodanovsky. According to press service of the Cabinet, the sides hailed the work done to create legal base on migration service among the CIS countries.......
29.09.2010 | Readed: 1380
Deputy Foreign Minister of Azerbaijan Khalaf Khalafov has met Speaker of the Moroccan House of Representatives Abdelwahad Radi. Khalafov said Azerbaijan and Morocco had successful political dialogue. He noted the two countries had great potential to boost the economic cooperation. He......
23.09.2010 | Readed: 1281
Azerbaijan has promoted its potential at the US Asia Expo, which comprised an investment seminar, business expo and global Venture funding in Los Angeles. The opening of event was attended by Los Angeles mayor Antonio Villaraigosa, ambassadors and general consulates of diplomatic missions......
18.09.2010 | Readed: 1286
Prime Minister of Azerbaijan Artur Rasizade met Vice-President of the Asian Development Bank Xiaoyu Zhao. During the meeting, Zhao praised the accomplishments achieved in Azerbaijan in social, economic and humanitarian spheres. The sides discussed the current state of the......
18.09.2010 | Readed: 1304
An international conference entitled "Azerbaijan model of economic development" has been organized here by the Regional Development Center in Azerbaijan. Opening session "Azerbaijani economy: yesterday, today and tomorrow", director of the Center said Azerbaijan suffered the least from......
31.08.2010 | Readed: 1198
Kazakhstan intends to increase the volume of trade turnover with Azerbaijan, ambassador Serik Primbetov told journalists. The ambassador noted the volume of trade turnover between the two countries made up $465 million in 2008, but as a result of the implications of the global financial......
21.08.2010 | Readed: 1348
The relationship between the Islamic development Bank and Azerbaijan was developing rapidly, Executive Director of the Islamic Development Bank Selim Cafer Karatas told AzerTAc. Karatas said the IDB plans to carry out several projects in Azerbaijan in the near future. He praised the......
17.08.2010 | Readed: 1221
Members of the Azerbaijan Milli Majlis Committee on Economic Policy met the Lithuanian delegation headed by Arunas Valinskas, chairman of Resurrection Party and member of Lithuanian Seimas` Committee on Foreign Affairs on Monday. Chairman of the Committee Ziyad Samadzade said both......
11.08.2010 | Readed: 1268
Azerbaijan Export and Investment Promotion Foundation (AZPROMO) organized Monday presentation of investment and export opportunities of the country. The event brought together UN Resident Coordinator and UNDP Resident Representative Fikret Akcura, Azerbaijan's ambassador to Ukraine......
06.08.2010 | Readed: 1246
Norwegian energy company Statoil ASA (STO) said Wednesday that the consortium operating the Shah Deniz 2 gas field in Azerbaijan plans to begin bilateral talks with potential customers over the supply of around 10 billion cubic meters of gas a year. The second expansion stage of Shah Deniz......
04.08.2010 | Readed: 1237
"My country will always support all important efforts aimed at ensuring Azerbaijan's sustainable development", Swiss ambassador in Baku Alain Guidetti said. The diplomat praised relations between Switzerland and Azerbaijan, saying "the two countries enjoy solid friendly ties in......
03.08.2010 | Readed: 1310
Head of the Russian Federation's Presidential Administration has praised his country's economic cooperation with Azerbaijan. Sergey Naryshkin spoke to journalists as he is visiting Baku. "Despite the global economic crisis our loses in trade were not big last year, and......
03.08.2010 | Readed: 1269
The Central Bank of Azerbaijan has instructed all local banks across the country to stop business relations with the Contact money transfer system. The move came after a monitoring revealed the system had carried out financial operations in Armenian-occupied territories of......
03.08.2010 | Readed: 1218
Budget revenues of Azerbaijan State Oil Fund (SOFAZ) for the period of January-June, 2010 reached 6 101.2 million manats, while budget expenditures constituted 2 630.2 mln manats. Revenue of 6 089.3 mln manats was received from implementation of oil and gas agreements, including 6 000.1......
29.07.2010 | Readed: 1274
The United States` special envoy for energy issues in Eurasia Richard Morningstar said Azerbaijan has always been a reliable transit country. "And I hope it will remain so in the future," Morningstar said while visiting Astana, the capital of Kazakhstan. He also commented on the......
29.07.2010 | Readed: 1274
Prime Minister of Azerbaijan Artur Rasizade met Turkish minister of state responsible for foreign trade Zafer Caglayan on Wednesday. Rasizade said reciprocal visits contribute to boosting cooperation between the two countries in political, economic and humanitarian spheres. The......
29.07.2010 | Readed: 1281
Turkey's State Minister Responsible for Foreign Trade has stressed the necessity of boosting the bilateral trade with Azerbaijan, saying "we must make it reach 5 billion dollars". Zafer Caglayan spoke to journalists upon his arrival in Baku, where he is expected to have several......
29.07.2010 | Readed: 1262
Turkish State Minister for foreign trade Zafer Caglayan participated in an exhibition in Baku Business Center showing development of Azerbaijan's economy, social and cultural spheres. Mr. Caglayan also met with Azerbaijan's Minister of Economic Development Shahin Mustafayev to......
28.07.2010 | Readed: 1318
Azerbaijani and Turkish businessmen will come together in Baku Thursday for a joint forum. Turkey's State Minister Responsible for Foreign Trade Zafer Caglayan will lead a large delegation of businesspeople from a wide range of fields, including power engineering, food and......
24.07.2010 | Readed: 1298
On July 23rd the sixth meeting of intergovernmental commission on Azerbaijan-Georgia economic cooperation was held here. Prime Minister of Azerbaijan Artur Rasizade addressed the meeting highlighting relationship between the two countries. He underscored the role of the......
20.07.2010 | Readed: 1339
The 11th Azerbaijan-Germany business forum organized by Azerbaijan Economic Development Ministry, Azerbaijan Investments and Export Promotion Foundation (AzPROMO) and Germany-Azerbaijan Economic Union started in Baku. The event brought together officials and about 50 businessmen engaged in......
20.07.2010 | Readed: 1306
The State Oil Company of Azerbaijan (SOCAR) and Turkey's Botas company signed a protocol of intent on construction of the gas pipeline from Turkey to Azerbaijan's Nakhchivan Autonomous Republic (NAR). The document was signed by SOCAR President Rovnag Abdullayev and Chairman of......
08.07.2010 | Readed: 1247
Azerbaijan's Minister of Industry and Energy Natig Aliyev met Oil Minister of Egypt Amin Sameh Fahmi to discuss cooperation in oil and gas sector. Mr. Aliyev said Azerbaijan is to keen to expand relations with Egypt in energy sphere. Mr. Fahmi hailed his meeting with Azerbaijan......
03.07.2010 | Readed: 1344
The State Oil Company of Azerbaijan has become a SAP CIS Quality Award 2010 Gold winner for its achievement in the successful software implementations. The awarding ceremony took place June 2 at the SAP's headquarters. SAP manager for business development in Central and Eastern......
01.07.2010 | Readed: 1247
The European Union's special representative for South Caucasus Peter Semneby has praised a gas agreement between Azerbaijan and Turkey, saying its was of particular importance for Azerbaijan. Speaking to journalists in Baku, Semneby said the agreement opened good opportunities to......
01.07.2010 | Readed: 1234
Prime Minister of Azerbaijan Artur Rasizade met Syrian delegation led by Minister of Petroleum and Mineral Resources and co-chairman of a Syria-Azerbaijan intergovernmental commission Sufian Allaw on June 30th. Rasizade described Syria as a "friendly and fraternal country" for......
01.07.2010 | Readed: 1241
Director General of UN Industrial Development Organization Kandeh K. Yumkella delivered report on global development trends at Azerbaijan Diplomatic Academy. Mr. Yumkella said needs in energy permanently grow, and population rapidly increases, in particular in Africa and Asia. UN......
25.06.2010 | Readed: 1228
The 5th General Assembly of the International Islamic Trade Finance Corporation has been held in Azerbaijan's capital. The meeting discussed the Corporation's annual report for the fiscal year 2009, and approved several audited financial reports. The participants also......
23.06.2010 | Readed: 1297
The Baku Meeting to Develop the Road Map for Enhancing Intra-OIC Trade has wrapped up. On the second day of the event, held as part of the 35th Annual Meeting of the Islamic Development Bank, participants discussed a road map that would further develop cooperation between IDB member......
23.06.2010 | Readed: 1206
Prime Minister of Azerbaijan Artur Rasizade met President of International Fund for Agricultural Development (IFAD) Kanayo Nwanze. The two praised current level of agricultural cooperation between the country and the organization. They noted IFAD had "successfully" implemented two......
22.06.2010 | Readed: 2448
New Global Services Center to Provide Enhanced Drilling & Production Capabilities BAKU, AZERBAIJAN - June 21, 2010 - Expanding its support for oil and gas producers that play a vital role in the economic growth of the Caspian Sea......
20.06.2010 | Readed: 1246
President of the Islamic Development Bank, IDB, Ahmed Mohammed Ali, who arrived in Baku to attend the 35th annual meeting of IDB Board of Directors, has expressed hope the gathering will create an opportunity for Azerbaijan to further boost cooperation with IDB member-nations. In an......
19.06.2010 | Readed: 1323
Johns Hopkins University's Central-Asia and Caucasus Institute hosted a conference "Impact of the global financial crisis on the Central Asian and Caucasus countries" The conference was attended by leading specialists of the International Monetary Fund and World Bank, US economic......
11.06.2010 | Readed: 1211
An international seminar titled "Copyright and economic significance of creative industries" kicked off in Azerbaijan`s capital on June 10th. The seminar is co-organized by the Azerbaijan Copyright Agency and World Intellectual Property Organization. The event was opened......
10.06.2010 | Readed: 1360
Vice-President of Finnish energy manufacturer Wartsila Christophe Vitzthum met with Azeri Deputy Minister of Industry and Energy Natig Abbasov to hold presentation on the company's solutions and services. Addressing the meeting, Azeri Deputy Minister of Industry and Energy Natig......