Bucharest to host Romanian-Azerbaijani business forum

The 7th meeting of the Joint Commission on Trade-Economic Relations and Scientific-Technical Cooperation between the Governments of Azerbaijan and Romania will be held in Bucharest by the end of May this year. According to the Azerbaijan Export and Investment Promotion Agency (AZPROMO), the Romanian-Azerbaijani business forum will be organized by the agency as part of … Read more

Azerbaijan, Japan discuss customs cooperation

Chairman of Azerbaijan’s State Customs Committee, Customs Service Lieutenant General Shahin Baghirov has met with a delegation led by Parliamentary Vice-Minister for Foreign Affairs of Japan Yoshikawa Yuumi. Touching upon the economic and trade relations between the two countries, the sides stressed the importance of further strengthening of cooperation in the field of customs. The … Read more

Azerbaijan, Georgia discuss how to increase volume of cargo transportation through Baku–Tbilisi–Kars railway

Azerbaijan`s Minister of Digital Development and Transport Rashad Nabiyev has visited Georgia. As part of the visit, the minister visited the Tetritskaro railway station in order to familiarize himself with the construction of infrastructure facilities under the project of the new Baku–Tbilisi–Kars railway. Minister Rashad Nabiyev also met with Georgian Vice Prime Minister and Minister … Read more

Trade turnover between Azerbaijan, Kyrgyzstan hikes

The trade turnover between Azerbaijan and Kyrgyzstan totaled $6.03 million or 0.37 percent of Azerbaijan’s total turnover with the CIS [Commonwealth of Independent States] countries from January through March 2023, Azernews reports citing Trende. According to the committee, trade turnover between Azerbaijan and Kyrgyzstan increased by 3.65 times from January through March 2023 compared to … Read more

Kazakhstan-Azerbaijan agricultural trade stood at $146mln in 2022

Kazakh President Kassym-Jomart Tokayev stressed that Kazakhstan and Azerbaijan have huge potential for mutual cooperation in agriculture, Kazinform correspondent reports. «Last year, the volume of bilateral trade of agricultural products tripled and stood at $146mln, accounting for over a third of the total trade turnover,» said Tokayev during his joint statement with Azeri President Ilham … Read more

Azerbaijan’s non-oil export edge up 23.2 percent

The non-oil export in Azerbaijan amounted to over $912 million in January-March this year, up by 23.2 percent compared to the corresponding period of the last year, according to the Azerbaijan Export and İnvestment Promotion Agency (AZPROMO). Azerbaijan increased its non-oil exports by 12.3 percent in 2022 year on year to stand at over $3 … Read more

Azerbaijan- Moldova trade exceeds $1.1 million

The trade turnover between Azerbaijan and Moldova increased to exceed $1.1 million in January-February this year. During the reporting period, Azerbaijan exported products worth $479,370 to Moldova while import from Moldova to Azerbaijan amounted to $651,960. Source Link

Azerbaijan’s Favorable Climate for Foreign Investments

Azerbaijan, situated at the crossroads of Europe and Asia, presents investors with plentiful opportunities, chiefly in the area of oil and gas, tourism, and agriculture, as well as policies developed to stimulate foreign investment and enhance the investment environment. Furthermore, Azerbaijan invested in order to gain access to additional markets and strengthen its presence in … Read more

Azerbaijan, Latvia discuss prospects for transport cooperation

Azerbaijan’s Deputy Minister of Digital Development and Transport Rahman Hummatov has met with Director General at the Investment and Development Agency of Latvia Kaspars Rozkalns, who is on a visit to the country. During the meeting, the sides discussed prospects for cooperation in the field of transport. Discussions revolved around cargo transportation between the Baltic … Read more