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Last week review (Jan. 30 – Feb. 3)

Analysis Materials 7 February 2017 09:57 (UTC +04:00)

Jan. 30

Ilham Aliyev at conference on Azerbaijani regions development

President of the Republic of Azerbaijan Ilham Aliyev attended the conference dedicated to the results of third year implementation of "The State Program on socio-economic development of the regions of the Republic of Azerbaijan in 2014-2018".

The president made a speech at the conference.

Azerbaijan inks co-op docs with Belarus, Namibia customs bodies

Azerbaijan’s State Customs Committee signed documents with the State Customs Committee of Belarus and the Directorate of Customs and Excise of Namibia’s Finance Ministry.

Aydin Aliyev, head of the Azerbaijani State Customs Committee, and Yuri Senko, chairman of the State Customs Committee of Belarus, signed a joint statement on cooperation in personnel training.

An agreement on mutual assistance in strengthening of potential of customs cooperation was signed between Aydin Aliyev and Susanna Cornelia Berkes, acting head of the Directorate of Customs and Excise of Namibia’s Finance Ministry.

The Azerbaijani customs chief also signed an agreement with Gosman Amrin, deputy chairman of the State Revenue Committee at the Kazakh Finance Ministry, on organization of primary exchange of information about transported goods and vehicles between Azerbaijan and Kazakhstan.

Another action plan was signed between Aliyev and Vladimir Shamakhov, head of the North-West Institute of Management of the Russian Presidential Academy of National Economy and Public Administration.

Jan. 31

Ilham Aliyev receives Qatari FM with delegation

President of the Republic of Azerbaijan Ilham Aliyev received a delegation led by Minister of Foreign Affairs of the State of Qatar Sheikh Mohammad bin Abdulrahman Al-Thani.

President Ilham Aliyev hailed Azerbaijan-Qatar bilateral relations.

President Ilham Aliyev described the political ties between the two countries as excellent, saying they are based on partnership. The head of state said there are good opportunities for expanding bilateral cooperation between Azerbaijan and Qatar in economic, trade, tourism and other areas too. The head of state noted the importance of exploring the investment opportunities in this regard.

Export diversification - Azerbaijan’s priority for coming years

Diversification of export will be Azerbaijan’s main priority in the next few years, Deputy Economy Minister Sahil Babayev told a meeting with members of the American Chamber of Commerce in Azerbaijan (AmCham).

Another priority will be ensuring macroeconomic and financial stability, as well as creating a more favorable business environment, according to him.

Feb. 1

Ilham Aliyev receives EITI board chairman

President of the Republic of Azerbaijan Ilham Aliyev received the Chairman of the Board of Extractive Industries Transparency Initiative (EITI) Fredrik Reinfeldt.

Azerbaijan's commitment to the continuation of the cooperation with Extractive Industries Transparency Initiative was once again hailed. They exchanged views on implementation of all the necessary measures to restore Azerbaijan's status of a full-fledged member of this organization in the coming years.

Feb. 2

EIB interested in Absheron field’s development

The European Investment Bank (EIB) is interested in the project to develop the large Absheron field in the Caspian Sea, said Michael Borrell, senior vice-president for Continental Europe and Central Asia at Total SA.

He was addressing a meeting with Azerbaijani Energy Minister Natig Aliyev in Baku.

Borrell talked about the planned work and the work already carried out as part of the Absheron project, according to a message from the Energy Ministry.

Total SA together with partners stepped up efforts to start production at the Absheron field, but Azerbaijan’s support is needed for the timely reception of the first gas from the field, he said.

Natig Aliyev, in turn, said the Absheron field will greatly enhance the capability of the Southern Gas Corridor.

He also noted the advisability of Total’s participation in the development of other oil and gas fields in Azerbaijan, the Babek prospective site as well.

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