Heydar Babayev : Рђzerbaijan takes first place in attracting direct foreign investments

Heydar Babayev : Рђzerbaijan takes first place in attracting direct foreign investments

The fifth sitting of the board of trustees of the Azerbaijan Fund for Facilitation of Export and Investments (AFFEI) has been held today. The sitting was held for the first time under the chairmanship of the new Minister of Economic Development Heydar Babayev. During the meeting the results of the Funds last year operation have been viewed and the action plan for 2006 has been coordinated, Trend reports.

During his address the board head Babayev said, according to the report of the UNO Organization on Trade and Development (UNCTAD) В"Report of world investments -2005В" Azerbaijan takes the first place worldwide by the direct foreign investments attraction index in 2004.

According to the AFFEI president Emil Medjidov, 15 economic forums were held in 2005 with the funds involvement. From the moment of the board of trustees last sitting (the last year August) the Azerbaijani- German, the Azerbaijani-Finnish, the Azerbaijani-Latvian, the Azerbaijani-Austrian business-forums were held. The Azerbaijani- Hungarian business-forum was held in Budapest.

Except for holding business forums setting up the information centre on export and the information base, the survey of the existing investment projects and identification of potential ones, preparation of the teaching modules on export, the export base survey, establishing the trade port and etc. are supposed this year.

On the results of the sitting new members have been accepted to the funds trustee board: the Milli Mejlis vice-Speaker Valeh Aleskerov, the chairman of the State statistics Committee Arif Veliyev, president of the AZEL company Igor Yakovenko, director general of the Istehsalat va Kommersiya JSC Ikram Keremli, president of the РђР' Standart holding Orudj Heydarov and the Societe Generale bank representative Teyyb Guliyev.

By the decision of the Board of Trustees the number of its members will not be limited any more. Earlier it was limited by 55 persons. Besides, the decision on establishing the Supervisory Board of 7 persons was taken. Its chairman became the Milli Mejlis member, the Azerigazbank head Chingiz Abdullayev.

Implementation of agricultural projects continues in Georgia
Implementation of agricultural projects continues in Georgia
Azerbaijan’s Jalilabad winery talks about export plans
Azerbaijan’s Jalilabad winery talks about export plans
Smartphones import to Georgia increases
Smartphones import to Georgia increases
Loading Bars
Latest
COVID-19 death toll approaches 9,000 in UK, 73,758 cases confirmed
Spread of COVID-19 in several European states slows down in past week, says WHO chief
370 new COVID-19 cases reported in UAE, 3,360 in total
4,747 new COVID-19 cases in Turkey, 2,423 patients recover, health minister says
Azerbaijani, Russian FMs hold phone conversation
Heydar Aliyev Center supports Spain amid COVID-19 outbreak (VIDEO)
Iraq confirms 47 new COVID-19 cases, 1,279 in total
Implementation of agricultural projects continues in Georgia
Azerbaijan discloses amount of income from oil, gas export and sales in domestic market
COVID-19 cases in Georgia reach 234
Azerbaijan’s Jalilabad winery talks about export plans
National Bank of Georgia to sign swap agreement with EBRD
Review of Georgia's external debt
Azerbaijan Industrial Insurance Company sums up financial results as of 2019
Operational Headquarters appeals to Azerbaijani citizens wishing to return from Russia
Azerbaijan expands satellite service geography
Forecast: Kazakhstan's reserves sufficient to overcome low oil prices period
WHO Director-General thanks gov’t and people of Azerbaijan for contribution to SPRP
Cargo forwarding decreases in Georgia
Azerbaijan's strategic currency reserves greatly increase
Azerbaijan’s insurance company announces financial results for 2019
Azerbaijan confirms 65 more coronavirus cases, 58 patients recover
Structure of Azerbaijani wine export changes greatly
Azerbaijan discloses amount of investments in tourist accommodation and catering sectors in 2019
Smartphones import to Georgia increases
US-Chinese JV starts to supply Chevrolet cars to Uzbekistan
Russia calls on G20 to join efforts with OPEC+ on oil market
Azerbaijan sees industrial production growth
Singapore reports 198 new coronavirus infections and seventh death
EAEU allows simplification of perishable products export from Kazakhstan
U.S. Energy Secretary tells G20 all nations should help reduce oil surplus
Azerbaijan's Jalilabad Winery talks increasing volume of alcohol production
Turkmenistan's Demiralay company opens tender to buy track superstructure
Turkey - Georgia trade turnover increases
Bulgaria to apply to join euro zone's 'waiting room' by end-April
Georgia increases sugar imports
Azerbaijani company talks production plans for 2020
Azerbaijan's GDP shows increase
Opening of Armenian embassy in Tel Aviv to negatively affect regional security
Turkmen state concern opens tender for construction of plant for sodium sulfate production
Azerbaijan increases road freight transportation
Unemployment rate decreases in Azerbaijan
Azerbaijani winemakers start production of medical alcohol, disinfectants
Kazakhstan’s Almaty Power Stations JSC opens tender for equipment maintenance
SOCAR reveals export volumes for 2019
National Headquarters to Fight Coronavirus: More cases of coronavirus reported in Iran
Turkmenistan implements plan to increase small cattle livestock
Central Bank of Uzbekistan to replenish working capital of country's industrial enterprises
Kazakh-Chinese oil & gas company opens tender to buy pipes
Kazakhstan proposes Turkic Council develops ways to stimulate mutual trade & investment
Iran to assign 200,000 half-finished housing units
Extraordinary Summit of Turkic Council held through videoconferencing on initiative of President Ilham Aliyev (PHOTO/VIDEO)
SOCAR Turkey changes its petrochemical export routes
Azerbaijani satellite operator launches new project
China sends medicines for treatment of coronavirus patients to Uzbekistan
FID on joint petrochemical project of SOCAR Turkey and BP postponed to 2021
Turkmenistan highlights importance of stable trade between Turkic Council countries
Revenues of Azerbaijani Qala Sıgorta insurance company significantly increase
How COVID-19 affects Star Refinery’s operation?
Azerbaijan's banking sector assets increase
Kyrgyzstan calls to create single virtual database of drugs for Turkic Council
Azerbaijani Embassy in Georgia delivers humanitarian aid to Marneuli
EU supports Global Hack against the coronavirus – sign up now to join the fight
SOCAR Petroleum gains right for renting more petrol stations in Romania
Introducing Su-35, MiG-35 fighters by Azerbaijani Air Force to greatly enhance country's air superiority (PHOTO/VIDEO)
Turkey's cement export to Kyrgyzstan drops
Swiss coronavirus death toll passes 800, positive tests top 24,000
EU gives green light to 115 million euro Polish virus measures
Export of leather from Turkey to Azerbaijan slightly down
Airbus shelves plan to add new A321 assembly line
Iran obliges businesses to obtain permit from health ministry
Kyrgyzstan proposes to find ways to decrease export prices of essential goods
Malaysian company ready to make investments into joint project with Uzbekistan
Wood Mackenzie: 10 mb/d cut would be very supportive of price over Q2
Erdogan: Work underway to increase cargo flow through Baku-Tbilisi-Kars
Uzbekistan, Malaysia to co-op on joint investment project
Azerbaijani Agrarian Credit and Development Agency may increase maximum microloan limits
Georgian Credo Bank, Dutch Entrepreneurial Development Bank sign loan agreement
Review of petroleum products imports to Georgia in January-February 2020
Parliament of Turkmenistan analyzes proposals of its citizens regarding Constitution changes
Uzbek textile export stays solid despite coronavirus outbreak
Quarantine regime to be extended in Kazakhstan over coronavirus fears
Iran's Minister of Industry unveils details of major plans for Production Leap Year
Turkish company not permitted to conduct oil, gas exploration in province
Azerbaijani oil price up
Iranian oil minister reveals details of extraordinary OPEC+ meeting
“Azercell Telecom” LLC offers “Subscriber identification” service free of charge!
Philippines records 18 more coronavirus deaths, 119 new cases
Indonesia reports 219 new coronavirus cases, total 3,512
Economic growth in Kazakhstan's industry forecast to drop
Import of Turkish steel by Georgia up in 1Q2020
Top-5 countries exporting meat to Georgia
Belarusian Belneftekhim Concern talks arrival of tanker with Azerbaijani oil at Ukrainian Odessa port
Export of steel from Turkey to Azerbaijan down
Export of cement from Turkey to China decreases
Subscribe to Nar without leaving your home!
MiMobile Azerbaijan: Online sales in Azerbaijan growing rapidly
Minister: IGB is expected to be commissioned soon
Turkmenistan, Georgia discuss possibility of delivering goods to European ports
TAP to have highest impact on Greek energy security, says minister
All news