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Last week review (March 13-17)

Analysis Materials 24 March 2017 11:40 (UTC +04:00)

March 13

Ilham Aliyev meets Airbus Group’s Nicolas Chamussy

President of the Republic of Azerbaijan Ilham Aliyev has met with Executive Vice President of Space Systems in the Airbus Defense and Space Division Nicolas Chamussy in Paris, France. Long-term successful cooperation between Azerbaijan and Airbus was hailed at the meeting. They particularly exchanged views on cooperation in making advanced satellites.

Ilham Aliyev meets CEO of Credit Agricole SA

President of the Republic of Azerbaijan Ilham Aliyev has met with Chairman and Chief Executive Officer of Credit Agricole SA Xavier Musca in Paris, France.

They pointed out the successful financing of different projects between Azerbaijan and Credit Agricole SA, adding that many projects have already been complete.

Credit Agricole SA’s contribution to funding the Southern Gas Corridor Project was noted at the meeting. Credit Agricole SA’s cooperation with the State Oil Company of the Azerbaijani Republic was praised as good. The sides discussed prospects for cooperation in the non-oil sector, particularly the implementation of different projects in the field of agriculture and diversification of economy.

Ilham Aliyev meets CIFAL Group CEO in France

President of the Republic of Azerbaijan Ilham Aliyev has met with Chairman and CEO of CIFAL Group Gilles Remy in Paris, France.

The sides exchanged views on prospects for bilateral cooperation, particularly the building of ships designed for military and technical purposes.

Ilham Aliyev meets DCNS CEO in Paris

President of the Republic of Azerbaijan Ilham Aliyev has met with Chairman and Chief Executive Officer of DCNS Hervé Guillou in Paris, France.

The implementation of a number of projects to build vessels of various designs and purposes was emphasized at the meeting. Good prospects for cooperation with Baku shipyard were highlighted.

Ilham Aliyev meets deputy CEO of SUEZ Environment

President of the Republic of Azerbaijan Ilham Aliyev has met with Deputy CEO of SUEZ Environment and vice-president of MEDEF Marie-Ange Debon in Paris, France.

They highlighted cooperation between Azerbaijan and SUEZ Group in several areas, noting that work is underway on a number of projects.

The sides also discussed the issues relating to joint projects, particularly for rain water drainage in Baku, and emphasized the appropriateness of continuing these works.

Ilham Aliyev meets Vivaction president in Paris

President of the Republic of Azerbaijan Ilham Aliyev who is on official visit in the Republic of France has met with president of the Vivaction Company Richard Marry.

They exchanged views on prospects for cooperation in the field of cyber security.

Ilham Aliyev meets Senior Executive VP of Thales International

President of the Republic of Azerbaijan Ilham Aliyev has met with Senior Executive Vice President of Thales International Raphael Eskinazi in Paris, France.

They hailed long-term very successful cooperation between Azerbaijan and Thales International, which spans more than 20 years, adding that very good results have been achieved on different projects.

The sides highlighted the implementation of a range of projects in collaboration with Azerbaijan Airlines and Azerbaijan Railways companies, and noted that certain work will be done with respect to the North-South transport corridor.

Ilham Aliyev meets Total CEO in Paris

President of the Republic of Azerbaijan Ilham Aliyev has met with Chairman and Chief Executive Officer of Total Patrick Pouyanne in Paris.

They exchanged views on the development of relations between SOCAR and Total, as well as the development of Absheron field, cooperation on Umid, Babak gas condensate fields and other issues.

Ilham Aliyev meets members of MEDEF business council

President of the Republic of Azerbaijan Ilham Aliyev has met with members of the business council of Movement of the Enterprises of France (MEDEF) in Paris.

March 14

Azerbaijan, France sign documents

A ceremony of signing documents between Azerbaijan and France has been held with the participation of President Ilham Aliyev and President Francois Hollande in Paris.

Azerbaijan invites Ukrainian businessmen to invest in agro-parks

Azerbaijan invites Ukrainian entrepreneurs to invest in its industrial and agricultural parks, said Economy Minister Shahin Mustafayev at a meeting with the Ukrainian Prime Minister Volodymyr Groysman in Kiev. Also, an Azerbaijan-Ukraine business forum was held with the organizational support of the Embassy of Azerbaijan in Ukraine, Azerbaijan Export and Investments Promotion Foundation (AZPROMO) and the Ukrainian Chamber of Commerce and Industry. At the end of the business forum, AZPROMO and the National Confederation of Entrepreneurs (Employers) Organizations of Azerbaijan signed memorandums of cooperation with the Ukrainian Chamber of Commerce and Industry.

March 15

Israeli envoy mulls co-op, investments in Azerbaijan’s districts

Israel’s Ambassador to Azerbaijan Dan Stav visited Azerbaijan’s Khachmaz, Shabran and Khizi districts, the Israeli Embassy said.

The diplomat met with heads of the local executive authorities.

The sides discussed possibilities for cooperation and investments in economy, agriculture and tourism.

The envoy also visited plants operating in Khachmaz and Shabran.

During the visit to Shabran, he noted that Israeli private sector can invest in the district’s agro-parks.

March 16

Azerbaijan expects non-oil exports to grow over 8% in 2017

Azerbaijan’s Economy Ministry expects the real GDP growth of the country in 2017 at the level of one percent, Director of the Institute for Scientific Research on Economic Reforms of the country’s Economy Ministry Vilayat Valiyev said in Baku at the sixth annual conference of the Fitch Ratings international rating agency for the investment community of Azerbaijan.

“The share of the non-oil sector of Azerbaijan’s GDP will grow 2.5 percent and amount to 67.9 percent, according to forecasts,” Valiyev said. “The share of the non-oil exports of Azerbaijan’s GDP is projected to grow 8.4 percent.”

He said that the ministry also forecasts real growth of Azerbaijan’s agricultural sector by 4.9 percent. “This is due to the continuation of state support to the sector,” Valiyev said. “In total, 13 programs were prepared to support silkworm breeding, cotton growing, tobacco growing, production of tea, hazelnut, etc. We also forecast a 7.6 percent increase in production and services sphere, including the sectors of tourism and trade. This is related to the simplification of the visa regime, as well as the use of the Tax Free system.”

The representative of Azerbaijan’s Economy Ministry noted that a 2.9 percent growth of the transport sector is also forecasted in 2017, and this is related to the implementation of the North-South and the East-West transport corridor projects.

In addition, a 6.7 percent growth is expected in the communications and information sphere, and a 2.2 percent growth is projected in the sphere of social and other services in Azerbaijan, Valiyev added.

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