Azerbaijan increased its non-oil exports by $295.4 million or 25.4 percent, in January-June of 2022, Azernews reports per the June export review of the Center for Economic Reforms Analysis and Communication of Azerbaijan. In the first half of the year, Azerbaijan’s exports totaled $18.5 billion, including $1.5 billion in the non-oil sector. Fruit and vegetable … Read more
Azerbaijan is eyeing expanding the preferential trade area with major partner countries, Azernews reports, citing State Customs officer Fuad Mammadov. Azerbaijan enjoys preferential trade agreements with 10 countries, particularly with Russia, Georgia, Ukraine, Kazakhstan, Turkmenistan, and others, Mammadov said, adding that the country’s preferential trade is expected to double reaching 20 countries. He added that … Read more
Turkiye was the top export destination of Azerbaijan’s non-oil products in January-June of this year, according to the State Customs Committee. Official statistics suggests that Turkiye, Russia, Georgia, Switzerland and the US were the five major export destinations of Azerbaijan’s non-oil products. The volume of export with Turkiye made $428.4 million, while it amounted to … Read more
Azerbaijan and Egypt have discussed the implementation of joint projects between the two countries, Azernews reports. The discussion took place during a meeting between Orkhan Mammadov of Azerbaijan’s Agency for Small and Medium Business Development and Egyptian Ambassador Hisham Mohamed Nagy Abdel Hamidi. During the meeting, the parties also exchanged views on the possibility of … Read more
The creation of new transport and logistics routes in the region will influence the further development of simplified (digitalized) cargo transportation, Deputy Head of the Institute for Strategic and Regional Studies under the President of Uzbekistan Akramjon Nematov said during a visit to the Baku International Sea Trade Port (Port of Baku), the port told … Read more
The harmonization and simplification of customs procedures are of constant interest to TRACECA member countries, Secretary General of the Permanent Secretariat of the Intergovernmental Commission (PS IGC) TRACECA Asset Assavbayev said, press service of TRACECA told Trend. Assavbayev made the statement during the first virtual workshop on customs issues along the TRACECA routes (Europe-Caucasus-Asia). According … Read more
Ukraine was Azerbaijan’s top export market in January-May 2022, according to the State Customs Committee. Ukraine, Russia and Belarus were the largest export destinations of Azerbaijan among the CIS member states. The volume of export with Ukraine made $321.5 million, while it amounted to $271 million with Russia and $72.3 million with Belarus. Source Link
Chaired by Prime Minister of Azerbaijan Ali Asadov, a meeting on the development of the country’s existing transit opportunities has been held at the Cabinet of Ministers. According to the Cabinet of Ministers, the event participants included persons in charge of the field, heads of relevant ministries and state companies. They analyzed the current situation … Read more
Azerbaijan`s Minister of Economy Mikayil Jabbarov has met with Deputy Prime Minister, Minister of Infrastructure and Regional Development of the Republic of Moldova Andrei Spînu. “We held a productive meeting with the Deputy Prime Minister, Minister of Infrastructure and Regional Development of the Republic of Moldova. During the meeting, we discussed the expansion of bilateral … Read more
The first block of freight from China’s Tuanjiecun railway station to Finland has arrived in the Port of Baku. The first part of a block train consisting of 54 containers transported by the ferries “Aghdam” and “Nakhchivan” from the Port of Kuryk in Kazakhstan within the Trans-Caspian International Transport Route was delivered to the Port … Read more