Economy Minister, new Bulgarian Ambassador discuss economic relations

Georgian Economy Minister Levan Davitashvili on Thursday met with Vesselin Valkanov, Bulgaria’s new Ambassador to Georgia. Photo: Economy Ministry press office Economic relations between Georgia and Bulgaria were discussed at a meeting involving the Georgian Economy Minister Levan Davitashvili and Vesselin Valkanov, Bulgaria’s new Ambassador to Georgia on Thursday, the Economy Ministry said. The two … Read more

Azerbaijan, Czech Republic discuss strengthening of economic cooperation

Azerbaijan’s Deputy Minister of Economy, Co-Chair of the Joint Commission on Economic, Scientific-Technical and Cultural Cooperation between the Government of Azerbaijan and the Government of the Czech Republic Sahib Mammadov has met with Ambassador of the Czech Republic to the country Milan Sedláček. Highlighting the potential for strengthening the economic and trade partnership, Mammadov described … Read more

Iran and Armenia to build joint trade and technology cities on border

During his second trip to neighboring countries after his visit to the Republic of Azerbaijan, Governor of East Azerbaijan Province Abedin Khorram headed a delegation of economic and commercial figures from the province to Armenia, IRNA reports. Referring to the goals of the provincial trade and economic delegation in Armenia, Khorram noted that tracking customs … Read more

Roadmap for energy cooperation is signed by Azerbaijan and Uzbekistan

Parviz Shahbazov, the Minister of Energy of Azerbaijan and Azim Akhmedkhadzhaev, the First Deputy Minister of Energy of Uzbekistan (Acting Minister), met together in order to accelerate the processes related to the development of the Azerbaijan-Uzbekistan energy cooperation.
Ensuring the implementation of agreements on cooperation in the field of energy and the instructions during the visit of the head of state to Uzbekistan in June this year were discussed at the meeting.
According to minister of Energy Parviz Shahbazov, it is very important to mutually assess wide opportunities for energy cooperation and to establish joint partnerships in the period of new realities, where the basis for the comprehensive development of relations between the two countries with common historical and cultural values is laid. As the minister noted, the deepening of the strategic partnership in the energy sector was actualized by the historic state visit of the President of Azerbaijan to Uzbekistan. The two relevant ministries of the two countries signed the Memorandum of Understanding and the road map of the joint activities on energy in Tashkent. The implementation of results-oriented measures and the development of multi-spectrum energy cooperation will be contributed to by today’s discussions.
According to Azim Akhmedkhadzhaev, there are important tasks ahead in the new stage of bilateral cooperation in the energy sector, and Uzbek and Azerbaijani experts have valuable experience in the renewable energy and hydrocarbon sector. The development of the energy sector and the economy in general in both countries will be pushed forward by the traditional friendly relations of the two countries and joint efforts.
The ministers signed a roadmap on expanding of the energy cooperation between the Republic of Azerbaijan and the Republic of Uzbekistan during the meeting. 30 areas are covered by the roadmap, such as the creation of a joint working group, cooperation in the liberated territories of the Republic of Azerbaijan, the participation of Uzbek companies in renewable energy projects, as well as joint activities in the hydrocarbon sector. The document announces cooperation between Azerbaijan and Uzbekistan on export and import of oil and gas and chemical products, oil refining, as well as geological exploration and hydrocarbon production, along with the energy transition and decarbonization. The exchange of the best experiences in the fields of construction of new thermal power plants, heat supply, liberalization of energy markets, efficient use of energy resources, organize joint trainings, as well as promotion of mutual investments, and cooperation between Energy Regulatory Agencies at the expense of private investment are planned.
The implementation of measures on the roadmap is previewed for 2022-2023.

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Uzbek-Belarusian joint intergovernmental commission on bilateral cooperation held a meeting in Minsk

Under the chairmanship of the Deputy PM – Minister of Investments and Foreign Trade of Uzbekistan Jamshid Khodjayev and Deputy PM of Belarus Leonid Zayats, the 9th meeting of the Joint Intergovernmental Commission on Bilateral Cooperation was held in Minsk. According to the MIFT, the meeting was also attended by heads of key ministries and … Read more

Over 1.5M tonnes of grain already exported from Ukrainian ports – Zelensky

More than 1.5 million tonnes of grain and other foodstuffs have already been exported from three Ukrainian ports under a landmark agreement. Ukrainian President Volodymyr Zelensky said this in his nightly video address, Ukrinform reports. The head of state thanked all Ukrainian agricultural workers, port workers, diplomats and government officials who returned to Ukraine the … Read more

Vucic: Serbia plans to purchase natural gas from Azerbaijan

Serbia’s President Aleksandar Vucic said the country’s finances were resilient enough to secure alternatives to Russian energy to tackle supply shortages expected over coming months, Reuters reported. Vucic said Serbia was seeking fuel supplies wherever it could. “We have to pay the price of the war on European soil,” he said, but added the people … Read more

Transport of goods from Moldova, Ukraine liberalized

From 1 September the transport of goods in bilateral traffic and transit through the territories of the Republic of Moldova and Ukraine will be liberalized, this provision being valid by late 2023, with the possible extension according to the protocol agreed by the parties. The decision was taken at today’s meeting of the joint Moldovan-Ukrainian … Read more

Kazakhstan maintains its position of top supplier of food products to Uzbekistan

Uzbekistan observed a 1.4 times growth in imports of food products from Kazakhstan in seven months of this year, Kazinform correspondent reports. According to the Uzbekistan’s Statistics Committee, Kazakhstan is the leading exporter of food products to Uzbekistan following January-July 2022. The country accounts for 37% of Uzbekistan’s food imports. Uzbekistan observed a 1.4 times … Read more