Azerbaijan, Hungary discuss economy, trade ahead of President Aliyev’s official visit

Azerbaijan’s Economy Minister Mikayil Jabbarov and Hungarian Minister of Foreign Affairs and Trade Peter Szijjarto have held a meeting, Azernews reports, referring to a tweet by the first. “During the meeting with Peter Szijjarto, the Minister of Foreign Affairs and Trade of #Hungary, we have highlighted the significance of the initiatives contributing to the bilateral … Read more

Azerbaijan changes import, export rules

In conformity with Regulation No.9, dated January 14, 2023, the Cabinet of Ministers has changed the rules of import and export in Azerbaijan, Azernews reports. The rules for the purchase, storage, sale, acquisition, distribution, release, transportation, shipment, and use of precursors for the import, export, transit transportation, and production for which a license is required … Read more

Azerbaijan & Serbia sign trade deal

The Azerbaijani National Confederation of Organizations of Entrepreneurs (Employers) (ASK) and the Serbian Chamber of Commerce and Industry have signed an agreement on mutual understanding and cooperation, Azernews reports. The purpose of the agreement is to expand the prospects for cooperation with business circles operating in Serbia and increase the export-import potential of business entities … Read more

Baku, Tashkent eye boosting trade, economic & investment co-op

Azerbaijan and Uzbekistan have discussed joint measures to expand trade, economic, and investment cooperation, Azernews reports. The discussion took place during the meeting between Uzbek Foreign Minister Bakhtiyor Saidov and Azerbaijani Ambassador Huseyn Guliyev. During the meeting, the parties noted that thanks to the regular and fruitful dialogue at the highest level, Uzbek-Azerbaijani relations of … Read more

First container train from Uzbekistan to Europe via CASCA+ route arrives in Baku

For the first time, the container block train departing from Uzbekistan to Europe with the CASCA + multimodal transport route created on the basis of the international multimodal route “Asia-Pacific countries-China-Kyrgyzstan-Uzbekistan-Turkmenistan-Azerbaijan-Georgia-Turkiye-Europe” has arrived in Baku. The containers were delivered from the port of Turkmenbashi to the port of Baku by the feeder ship “Balkan”, the … Read more

Azerbaijan exports $793.9 million worth products to EU countries in November

Products worth $793.9 million have been exported to the EU countries in November, the State Customs Committee told AZERTAC. Last month Azerbaijan imported from EU countries products worth $209.2 million, according to the committee. Products worth $24.169 billion have been exported to the EU countries in January-November of 2022. According to the State Customs Committee, … Read more

Azerbaijani Parliament discusses proposal to establish new import rules

Azerbaijan considers establishing new import rules, Trend reports. This issue was reflected in the amendment to the Customs Code, which was discussed at a meeting of the Parliament’s Committee on Economic Policy, Industries and Enterprising on December 13. The appeal to the customs authority on the clearance of goods is proposed to be reviewed within … Read more

Azerbaijan’s non-oil exports increased by 14 percent in January-November of 2022

The export of non-oil products in Azerbaijan amounted to $2.688.09 billion in January-November of this year, which means 14 percent growth compared to the same period of last year, according to the Azerbaijan Export and İnvestment Promotion Agency (AZPROMO). In November of 2022, the country’s non-oil export amounted to $302.13 million (12.2 percent growth). Azerbaijan … Read more

Azerbaijan, Europe discuss adding Zangazur corridor to Trans-European Transport Networks

Azerbaijan’s Minister of Digital Development and Transport Rashad Nabiyev is on a working visit to Brussels, the capital of Belgium. As part of the visit, Rashad Nabiyev met with European Commissioner for Transport Adina Valean. During the meeting, they discussed cooperation between Azerbaijan and the European Union in the field of transport, especially aviation, as … Read more