Last week review (Nov.26-30)

November 26

Minister: Ties between Azerbaijan and Serbia developing dynamically

There is a strong legal framework for trade and economic ties between Azerbaijan and Serbia, Azerbaijani Economic Development Minister Shahin Mustafayev said at the Azerbaijani-Serbian business forum. "Relations between the two countries are developing successfully, and a particularly good dynamics is being observed in recent years. This is provided by mutual visits of the heads of the two countries. Relations are developing in all fields - political, economic, cultural, humanitarian," Mustafayev said. He underscored that Serbia has always supported Azerbaijan in the Armenian-Azerbaijani Nagorno-Karabakh conflict. "Also, mutual investments and trade are increasing. The project to build roads in Serbia by AzVirt is an example," Mustafayev said.

Poland interested in Azerbaijani investments

The Polish government is attracted by Azerbaijan's capital and calls on Azerbaijani entrepreneurs to invest in the country, according to a statement made at the Polish-Azerbaijani business forum in Warsaw today. Representatives from about 50 companies from both countries attended. Such spheres as construction, energy, banking, etc. are perspective areas for cooperation. The business forum was held within the next meeting of the intergovernmental commission on economic cooperation between Azerbaijan and Poland. An Azerbaijani government delegation headed by co-chairman of the inter-governmental commission, Energy and Industry Minister Natig Aliyev to attend the meeting and business forum in Warsaw. The delegation also includes representatives from 30 Azerbaijani companies. "Poland has a great potential in the development of scientific and technical areas, the development of free economic zones, health, transport," Aliyev said during a business forum. The Azerbaijani economic opportunities were presented within the business forum. The representatives of the Polish companies informed about their activity.

Azerbaijani methanol production company signs contract with BP

The Azerbaijani methanol production company (AzMeCo) and BP have today signed a contract for the sale, purchase and marketing of methanol produced at the AzMeCo plant in Azerbaijan. The contract was signed during the first Caspian Corridor conference in Lancaster House in London, organised by CityUK in collaboration with IBA and Asia House. This methanol plant will be the only one in the South Caucasus and Central Asia. The process is planned to be launched in early 2013. The total cost of the methanol plant construction is $360 million. The design capacity is 560,000 tons per year. The company is also designing the installation which will capture emissions of carbon dioxide. This gas can also act as a raw material for methanol production.

Priority areas identified for use of Azerbaijani low-orbit satellite resourc

Azerkosmos JSC of Azerbaijani Ministry of Communications and Information Technologies has identified 12 priority areas for use of low-orbit satellite resources, the company said. The areas include evaluation and research in the field of agriculture, monitoring of water resources, urban planning, protection and control of the environment, cartography, surveying and town planning, settlement of issues on real estate, support of communication and transport infrastructure, assessment of onshore and offshore oil pollution, assessment of oil spill, support in cases of natural disasters and emergencies, monitoring of strategic infrastructure and ensuring national and regional security. The company is currently specifying a list of directions for use of satellite resources, and is holding talks on co-operation with the relevant agencies. A preliminary agreement on the use of satellite resources by the SOCAR (State Oil Company of Azerbaijan) Ecology Department has been reached. The tender announced earlier by Azerkosmos for the construction, launch of low-orbit satellites and insurance services is deemed valid. The tender results will be announced shortly after the evaluation of the proposals. The launch of low-orbit satellite is scheduled for 2014.

Nov 27 Azerbaijani Ministry of Finance launches e-services in insurance industry

The Ministry of Finance of Azerbaijan has started to provide e-services in the insurance industry, head of the State Insurance Supervision Service under the Ministry Namik Khalilov said. Primary and final application to obtain the license for insurance, reinsurance, insurance agent and insurance brokerage activities as well as to seek a perpetual license for insurance and reinsurance can be directed through the "e-service" block. Khalilov said these services will be integrated into the website of the State Service in the near future.

Azerbaijan, Georgia, Kazakhstan, Turkey sign memorandum on transport project

Transport ministries of Azerbaijan, Georgia, Kazakhstan and Turkey have signed memorandum on Silk Wind project within transport corridor Europe - Caucasus - Asia, Kazakh Transport and Communication Ministry said. "The memorandum on the principles of joint activities for development of the transport network and organization of cargo transportation was signed in Izmir (Turkey) within the International Conference on Prospects of Trade and International Road Transport Development in the Black Sea, Central Asia and Middle East," the ministry said. The project Silk Wind was initiated in the framework of TRACECA. The project objective is the creation of a multimodal transport route trains (container / ro-ro) with the preliminary exchange of information between customs authorities and rail operators of participating countries. The member-countries plan to introduce a single tariff for transportation of goods within the project.

November 28 Azerbaijani ministry begins introducing card payment system in public transport

The Azerbaijani Ministry of Transport will start introducing a card payment system in public transport (buses) from early 2013, spokesman for the Azerbaijani Transport Ministry Namiq Hasanov said. He said that the ministry has recently held a meeting related to the payment system in public transport. All the necessary arrangements were given to enhance and accelerate the introduction of the card system in buses. "This process takes time," he said. "The operations in this area will be accelerated for the next three months to start introducing a new payment system in 2013." He said that the issues of installing turnstiles and devices for the cards, terminals for ordering the cards, determining the entrance and exit systems in public transport remain open. Despite the large volume of operations envisaged within the new system, the transport ministry plans to start introducing the system the next year. "It is difficult to talk about the precise date, but all the necessary work will be carried out for the new system to start working during next year," he said.

Nov 30

Azerbaijani parliament approves budget package for 2013

During a plenary session on Friday, the Azerbaijani Parliament (Milli Majlis) approved a draft of the state and consolidated budgets for 2013. Azerbaijani Finance Minister Samir Sharifov said at the meeting that after considering a number of deputies' proposals on the draft budget for next year changes have been made and budget revenues were increased by five million manat to 19.159 billion manat, expenses by 40 million manat to 19.85 billion manat and the budget deficit by 35 million manat to 691 million manat. Due to these changes, the consolidated budget revenues totalled 20.729 billion manat, expenses - 24.5 billion manat.

Azerbaijani Academy of Sciences receives access to IEEE information base

Departments of the National Academy of Sciences (ANAS) received access to the full texts of the standards, materials and journals of the Institute of Electrical and Electronics Engineers (IEEE - The Institute of Electrical and Electronics Engineers) through IP addresses, ANAS said on Friday. Access to IEEE ( databases is available until late December. Database of the Institute, consisting of approximately 400,000 individual members in 160 countries, have the resources in such areas as communication, information, computer engineering, control and automation, nuclear and plasma science, etc.

Azerbaijan increases number of earthquake prediction stations

The Cybernetics Institute plans to install additional five monitoring system stations forecasting anomalies, Director Telman Aliyev said. According to Aliyev, one station will be established on the territory of Nakhchivan Autonomous Republic. Currently, work is underway to determine the most suitable well where the station will be installed. "Delivery of the equipment is expected to the autonomous republic within the next ten days. Nakhchivan station geographically plays a strategic role in the project, as, in addition to expanding coverage of the entire monitoring system territory, it will help to more accurately determine the epicenters of earthquakes, as well as to follow the anomalies on the territory of border countries (Iran and Turkey), " Aliyev said. According to him, along with this, the institute plans installation of four more prediction system stations in Azerbaijan, which will allow to completely determine the epicenter of paranormal phenomena.

Dec 1

Azerbaijan, Iran discuss allocation of GSM frequency resources in border areas

The Iranian embassy in Azerbaijan will assist to strengthen the relations between Azerbaijan and Iran in the field of information and communication technologies, Iranian Ambassador to Azerbaijan Mohsen Pakaein said today during a meeting with Azerbaijani Minister of Communications and Information Technologies Ali Abbasov. During the meeting they have discussed the issues of cooperation between the countries to resolve these issues in the field of radio broadcasting, radio frequencies, etc. The minister stressed the need to resolve the issues relating to the allocation of GSM frequency resources in the border areas. The parties have reached a preliminary agreement to hold the ICT forum between the two countries in 2013.

Kazakhstan's postal service operator opens tender to buy petrol
Kazakhstan's postal service operator opens tender to buy petrol
Kazakhstan decreases import from Canada twofold amid COVID-19
Kazakhstan decreases import from Canada twofold amid COVID-19
Kyrgyz ambassador and Secretary of Senate of Pakistan discuss inter-parliamentary cooperation
Kyrgyz ambassador and Secretary of Senate of Pakistan discuss inter-parliamentary cooperation
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Germany extends COVID-19 restriction measures till January
Poland to start COVID-19 vaccinations as confirmed cases top 1 mln
First Vice-President of Brazilian Federal Senate sends letter to President of Azerbaijan
Kazakhstan's postal service operator opens tender to buy petrol
Kazakhstan decreases import from Canada twofold amid COVID-19
Number of enterprises launched in Iran's Fars Province increases
UK records another 16,170 coronavirus cases with 648 deaths
UAE launches satellite Falcon Eye into space
Azerbaijani, Russian FMs hold telephone conversation
Iran ranked among states with high efficiency turbine tech.
Kyrgyz ambassador and Secretary of Senate of Pakistan discuss inter-parliamentary cooperation
Restrictions mulled for New Year celebrations amid COVID-19 outbreak in Turkey
Georgian FM meets with Polish counterpart in Warsaw
Protesters in Yerevan demand Pashinyan's resignation (VIDEO)
Pfizer-BioNTech seeks full marketing approval from UK for COVID-19 vaccine
Kazakhstan eyes attracting latest US technologies in soybeans processing
Kazakhstan's Zhambyl to reduce energy-dependence by attracting investments in renewables
Germany reports record 487 COVID-19 deaths in 24 hours
Belarus reports 1,689 new COVID-19 cases, 139,908 in total
Azerbaijan eyes to use potential of liberated lands for fishery development
UN office announces agenda of special session of General Assembly on COVID-19 initiated by Azerbaijani president
Additional assets brought for Russian peacekeeping contingent delivered - Azerbaijani MoD (PHOTO)
Azerbaijan gains brilliant victory by liberating its lands - Chairman of National Congress of Azerbaijanis of Georgia
Azerbaijani Defense Ministry expresses condolences to Iranian side (PHOTO)
Deposit liabilities of Georgian banking system decreases month-in-month
Phase 3 of OPEC+ could lead to immediate fall in oil prices
Azerbaijan reveals TOP-10 private non-oil exporters
Iranian Energy Exchange announces products to be on sale on December 5
Azerbaijani banks to fully сancel loan debts of martyrs' families
Lending by Georgian commercial banks down
Iran reveals forecast for oil sales for next year
Lari depreciation remains one of leading factors in Georgian debt growth
Georgia decides to ease entry regime for its citizens
Aztelekom LLC announces tender for purchase of electronic spare parts
Bentley hires jets to fly car parts to Britain during Brexit
National Bank of Georgia reveals volume of international reserves
Georgia sees increase in overdue debt
Uzbekistan, Afghanistan eye to achieve twofold growth in trade
Russia discloses volumes of agricultural products supplied to Georgia
Azerbaijan's State Security Service prosecutes Lebanese terrorist mercenary (VIDEO)
Ashgabat City Telephone Network opens tender for audit
EU extends relief measures for COVID-hit loans to March
Turkmenistan expands international cooperation through environmental diplomacy
Iran expands mobile phone imports
Azerbaijani Clean City OJSC signs tender contract
Israel expects $220 million in non-defence trade with Bahrain in 2021
Azerbaijan determines damage inflicted by Armenia on Fuzuli, Jabrayil districts
Turkey to continue providing all kinds of assistance to Azerbaijan - Turkish Minister of National Defense
Iran’s Bahar Azadi gold coin price still rising
Employment increases in Iran's Sistan and Baluchestan Province
Azerbaijan reduces lead exports
Investment in tourism transport infrastructure to help dev’t this sector in Turkmenistan - UNWTO
Georgia expects to start adoption of Oil Stockholding Act soon
Iranian president declares budget revenues for next year
Uzbekistan’s Agrobank to fund entrepreneurial activity under Islamic sharia law
Tightening of quarantine regime may be inevitable - TABIB
Iran expects increase of budget revenues
Georgian CEC to summarize final results of parliamentary elections on December 3
COVID-19 pandemic to displace business class cars from car rental market
Azerbaijan unveils data on local insurers' fees for 10M2020
Building for Turkish-Russian joint monitoring center under construction - Turkish Minister of National Defense
Georgia cultivates significant amount of land to combat marble bugs
Uzbekistan’s Tashkent registers largest number of private enterprises
Tourism can help protect, promote Turkmenistan’s culture - UNWTO
Volume of sales through Azexport portal continues to grow
New electricity facilities to be put into operation in Iran
Japanese agency funds project aimed at improving locust control in Uzbekistan
Georgian oil company trying to contain fuel price rise
Uzbekistan, Germany in talks over partnership with EU
Value of OIC states' import from Turkey shows decline
Azerbaijan's non-oil exports via 'Single Window' system increase
SOCAR Polymer remains export leader in Azerbaijan's private sector
Georgia aims to transpose renewables acquis
Kazakhstan's crude petroleum oil exports to Greece plummet
Construction of Kerki airport passenger terminal being completed in Turkmenistan
Azerbaijan's AzerGold becomes one of export leaders in public sector
Trilateral statement on Karabakh to contribute to long-term peace in region - Kazakhstan's President
Kazakhstan discloses volume of doses to be produced by COVID-19 vaccine plant
ASTS+ trading, clearing system to up productivity of Kazakhstan Stock Exchange
Azerbaijan announces recent COVID-19 death rate
Iran reveals its COVID-19 data for December 2
Azerbaijan presents video footage from Lachin's Garygyshlag village (VIDEO)
Oil prices steady as market awaits output deal
Iran's export to Afghanistan increases
Prices of Kazakh-manufactured diesel fuel down
Azerbaijan's October 2020 non-oil exports slightly rise
Expenses on construction of enterprises in Iran’s Semnan Province climbs
Resources from Southern Gas Corridor to be available via Serbian-Hungarian pipeline
Iran's non-oil export has increases
Iron ore concentrate production of giant Iranian steel companies grows
Events in Belarus, Nagorno-Karabakh region, Kyrgyzstan complicate situation in CSTO area – Putin
Turkmenistan working on development of infrastructure for gas export
Uzbekistan’s State Tax Committee announces tender for IT services
Azerbaijan confirms 3,942 new COVID-19 cases, 2,265 recoveries
Azerbaijan shows video footage from Soyudlu gold deposit of Kalbajar district (VIDEO)
Turkish companies involved in construction of new road to Azerbaijan’s Shusha (Exclusive)
Georgia aims to introduce mobile virtual network operators in 2021
Georgian 2021 budget bill calls for issuing new Eurobonds
Turkmenistan to conclude technical inventory of companies involved in fuel, energy sector
Details of Iran's budget for next year announced
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