Tatyana Gracheva

According to Azernews, an agreement on mutual understanding and cooperation has been signed by the Azerbaijani National Confederation of Organizations of Entrepreneurs (Employers) (ASK) and the Serbian Chamber of Commerce and Industry.
The agreement is aimed at expansion of the prospects for cooperation with business circles operating in Serbia and increase of the export-import potential of business entities and investments in both countries.
Joint business missions of the ASK and the Chamber of Commerce, exhibitions and business forums, joint implementation of projects, as well as the study of best practices through the exchange of information and specialists are planned to be conducted according to the agreement.
As it is reported on the website of ASK, cooperation with business support organizations existing in other countries continues to be expanded in order to increase the export and investment potential of Azerbaijan, as well as to expand economic ties in accordance with the ASK’s priorities for external relations.
Cooperation between Azerbaijan and Serbia takes place in a variety of economic sectors. The countries signed Azerbaijan-Serbia Declaration on Strategic Partnership in 2013 and the Joint Action Plan on Strategic Partnership in 2018. The groundwork for developing relations was created by these documents.
The amount of the trade turnover between Azerbaijan and Serbia reached $10.3 million in January-November 2022.

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According to Azernews, joint measures to expand trade, economic, and investment cooperation, have been discussed by Azerbaijan and Uzbekistan.
It was during the meeting between Uzbek Foreign Minister Bakhtiyor Saidov and Azerbaijani Ambassador Huseyn Guliyev where the discussion took place.
A dynamic development of Uzbek-Azerbaijani relations, strategic partnership and multifaceted cooperation in all directions between the countries due to the regular and fruitful dialogue at the highest level was noted by the parties during the meeting.
The schedule of planned events, including the next meeting of the joint intergovernmental commission on cooperation between Azerbaijan and Uzbekistan, as well as the next round of political consultations through the foreign ministries of the two countries was considered by the parties.
The implementation of joint projects in the automotive, petrochemical, energy and agricultural sectors was additionally discussed by the sides.
Azerbaijan and Uzbekistan established diplomatic relations on October 2, 1995. Azerbaijan established the embassy in Uzbekistan in August 1996, while Uzbekistan opened the embassy in Azerbaijan in July 1998.
Shared values and historical ties, as well as a number of joint statements and agreements signed during bilateral visits and meetings are the basis of the friendly relations between the two countries.
The trade turnover between Azerbaijan and Uzbekistan reached $111.9 million in 2021.

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According to the National Statistical Committee (NSC), Armenia’s foreign trade in the first 11 months of 2022 showed growth by 67.8% compared to the same time period in 2021 and attained $12.5 billion.
Only in November 2022, the country’s foreign trade grew up by 74.5% compared to November 2021, but compared to October 2022 it fell down by 2%. The foreign trade surpassed 5.3 trillion Armenian drams.
The amount of over $4.7 billion was attained by Armenian exports in 11 months of 2022, compared to January-November 2021, (up by 75.2%). Only in November 2022 alone, an increase by 95.8% compared to November 2021 was shown by the exports, but compared to October 2022, it was a decrease by 8.4%. The total exports in eleven months of 2022 surpassed 2 trillion drams.
An increase of 63.6% compared to January-November 2021 was attained by Armenian imports during the reporting period (over $7.7 billion). A 69.9% growth was reached by imports in November 2022 compared to November 2021 and 2.4% compared to October 2022. Total imports in January-November 2022 surpassed 3.32 trillion drams. ($1 – 393.81 drams).

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