The export of non-oil products in Azerbaijan amounted to $651.42 million in January-February this year, up by 36.6 percent year-over-year, according to the Azerbaijan Export and İnvestment Promotion Agency (AZPROMO). The non-oil export in February alone stood at $366.92 million, up by 50 percent growth from a year ago. 2022 saw the surge of non-oil … Read more
Azerbaijan’s minister of economy Mikayil Jabbarov has met with the President of the Chamber of Deputies of the Parliament of Romania, Ion-Marcel Ciolacu to discuss prospects for economic cooperation. The meeting discussed importance of high-level mutual visits and meetings in development of cooperation. They also stressed that trade relations are developing between the two countries. … Read more
The volume of transit cargo through Azerbaijan hit 843.000 tons in January this year, up by 57% from 306.000 tons in the corresponding month a year earlier, said Azerbaijan`s Minister of Digital Development and Transport Rashad Nabiyev. Of total volume of freight transportation, 535,000 tons of transported goods were moved by rails while 308,000 tons … Read more
The Uzbekistan’s delegation led by Deputy Minister of Transport Abdusamat Muminov has held a meeting at the Baku Port. The meeting saw discussions on expansion of Baku Port’s cooperation with the dry ports and logistics companies of Uzbekistan and increase of cargo transshipment Asia to Europe through the Baku Port. The meeting took place as … Read more
Azerbaijan’s export of non-oil products has risen by over 12%, said Economy Minister Mikayil Jabbarov. The measures to diversify economy and increase the export potential resulted in increase of the non-oil products export in 2022 year-on-year to 3 billion 48 million dollars, the minister added. In 2022, total exports of Azerbaijan amounted to 38.1 billion … Read more
Head of the Azerbaijan Export and Investment Promotion Agency (AZPROMO) Yusif Abdullayev has met with Ambassador of the State of Kuwait to the country Abdullah Muhammad Almauidi as they hailed the fact that Azerbaijan-Kuwait trade turnover, including Azerbaijan’s exports to Kuwait doubled in 2022. Head of AZPROMO Yusif Abdullayev highlighted the business and investment promotion … Read more
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
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
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
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