Last week review (June 9-13)

June 9

Azerbaijan, ADB discuss cooperation prospects

The current cooperation and the prospects for future cooperation between Azerbaijan and the Asian Development Bank (ADB) were discussed during a meeting between Azerbaijani Minister of Finance Samir Sharifov and Vice-President of the Asian Development Bank Wencai Zhang in Baku.

Zhang visited Ganja city and Goychay region during his visit to Azerbaijan to review the process of implementation of ADB projects. The issue of holding a meeting of the ADB Board of Governors in Baku in 2015 was discussed at the meeting."The preparatory work for the meeting is being conducted at a high level and in accordance with the schedule," Sharifov said.

Azerbaijan, ADB to expand cooperation in all areas of road transport complex

Azerbaijani Transport Minister Ziya Mammadov received a delegation headed by Vice-President of the Asian Development Bank Wencai Zhang.

At the meeting, the minister stressed that transport is one of the priorities of the Azerbaijani economy. He spoke about the construction of the Baku International Sea Trade Port, the state program for the railway development, as well as large regional projects and the expansion of international cooperation. He stressed that the Baku-Tbilisi-Kars railway project is under completion.

Zhang stressed that there is great potential to expand cooperation between ADB and Azerbaijan.

The sides also discussed other issues on this topic and came to an agreement on enhancing cooperation in all areas of the road transport complex.

June 11

WB reconsiders forecast for Azerbaijan's GDP growth

The World Bank (WB) reconsidered its forecast for Azerbaijan's GDP growth in 2014 downward, according to the WB report "Global Economic Prospects".

The bank believes that during the year the country's GDP will increase by 5.2 percent. The bank expected 5.3 percent growth of the national economy in the forecast announced in January.

The IMF also predicts a slowdown of the national economy rates from 5 percent as of 2014 to 4.6 percent in late 2015.

Azerbaijan Railways, Swiss Stadler sign new railway car purchase contract

Azerbaijan Railways and Swiss company Stadler signed a contract on purchase and sale of 30 new passenger rail cars that meet European standards in Baku.

The cars will be supplied to the republic before the new Baku-Tbilisi-Kars railway [to be launched in 2015], designed to connect the railways of Azerbaijan, Georgia and Turkey, is commissioned.

"It will be possible to replace the pair of wheels for movement on the European track," the company said.

Intelsat aims for cooperation with Azerbaijani satellite operator

International Telecommunications Satellite Organization (INTELSAT) aims for close cooperation with Azerbaijan`s "Azercosmos" OJSC satellite operator.

The remarks were made within the framework of the meeting of Azerbaijani Minister of Communications and High Technologies Ali Abbasov with the Intelsat Chairman and CEO David McGlade and the Intelsat President Stephen Spengler.

At present "Azercosmos" JSC and Intelsat discuss promising areas of possible cooperation, which can be the basis of interaction between the two operators in the future.
The Intelsat management visited the main earth control station of the "Azerkosmos" JSC satellite.

June 12

Azerbaijan,World Bank sign loan agreement on agriculture The World Bank (WB) and the Azerbaijani government signed an agreement on allocation of a loan in the amount of $34.5 million for the implementation of the project to strengthen the competitiveness in agriculture. The document was signed by the head of WB office in Baku Larisa Leshchenko and the Azerbaijani Agriculture Minister Heydar Asadov. The total cost of the project is $ 54.25 million. The implementation term of the project is four years. The project envisages strengthening of the competitiveness through the creation of production chains, starting from initial agricultural production to creation of logistics system on regions and some products. It is supposed to support the veterinary system within the project, also an important focus is to strengthening and the improvement of the phytosanitary standards and procedures, veterinary services within the framework of the project.

Some $20 billion invested in Azerbaijan's transport sector over 10 years

Around $20 billion was invested in Azerbaijan's transport sector over the last 10 years, Azerbaijan's Deputy Minister of Transport, Musa Panahov said during the opening of the TransCaspian and Road &Traffic exhibitions in Baku.

These investments were made to develop the road transport infrastructure, building of bridges, crossings, viaducts, airports, a new port, and for purchasing vehicles, according to the deputy minister.

Swedish companies can invest in Azerbaijan's infrastructure and other areas

Swedish companies can invest in infrastructure of Azerbaijan and other areas.
This statement was made at the meeting of Azerbaijani Minister of Economy and Industry Shahin Mustafayev and a Swedish delegation led by Minister for Trade Ewa Björling.

Mustafayev stressed that Azerbaijan attaches great importance to international cooperation.
He emphasized the importance of expanding the legal framework in the development of relations with Sweden, signing an agreement on avoidance of double taxation.

"The priority is given to industry, metallurgy, petro-chemistry," Mustafayev said.
He added that the expansion of economic cooperation with Sweden will be beneficial to both sides.

June 14

Southern Gas Corridor to deepen Azerbaijani-EU economic cooperation

The Southern Gas Corridor will allow to deepen the economic cooperation between the European Union (EU) and Azerbaijan, European Commission President Jose Manuel Barroso said while delivering a lecture on 'European Union-Azerbaijan: new opportunities and challenges' at Azerbaijan's ADA university.

Rector of the ADA university, Hafiz Pashayev for his part, said that Azerbaijan cooperates with EU in various spheres, stressing that successful projects are implemented in the spheres of education, science and energy.

The rector pointed out that Azerbaijan is interested in the constant development of the relations with EU and implementation of new projects.

Barroso, in turn, said that a great progress has been achieved in Azerbaijan.

He went on to add that during the visit, the sides agreed to expand the cooperation in the sphere of education, stressing that as an exemplary educational institution, the ADA university can play a great role in this process.

Talking about the energy projects being implemented in Azerbaijan, Barroso said that the implementation of the Southern Gas Corridor project is among the joint priorities.

This project will allow to bring Azerbaijan's energy resources to the EU countries and to deepen the economic cooperation between Azerbaijan and EU, according to the European Commission president.

Emphasizing that this project will create as many as 30,000 jobs, Barroso said that it will contribute to Azerbaijan's economic development, as well as Europe's energy security.

European Commission president went on to add that the activities on visa facilitation between Azerbaijan and EU are underway, stressing that the progress in this sphere will facilitate the communication.

Azerbaijani President, European Commission President view Sangachal oil terminal

President of the Republic of Azerbaijan Ilham Aliyev and President of the European Commission Jose Manuel Barroso have visited the Sangachal oil terminal.

A delegation led by President of the European Commission Jose Manuel Barroso viewed the Caspian Energy Center.

WHO roots for rapid diagnostic tests to boost COVID-19 war in Africa
WHO roots for rapid diagnostic tests to boost COVID-19 war in Africa
Adidas plans to sell ailing Reebok business within months
Adidas plans to sell ailing Reebok business within months
Turkish Trade Ministry says export of domestic cars to China up
Turkish Trade Ministry says export of domestic cars to China up
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Israel says Gazan militants fire 2 rockets into southern Israel
Turkey confirms 2,102 daily COVID-19 patients, 355,528 in total
Moscow records another 62 coronavirus deaths
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Armenians commit provocation during sanctioned protest action of Azerbaijani youth in Poland (PHOTO)
WHO reports record daily rise in coronavirus cases across the globe
ANAMA disseminates info on missile attack on Azerbaijan’s Kurdamir by Armenia (PHOTO)
Car exports to Israel declines, Turkish Trade Ministry
Situation when significant part of Azerbaijan's territory is lost can't last forever, Vladimir Putin
Armenia discloses number of servicemen killed by Azerbaijani army
We already started to plan our future agricultural development with respect of liberation of territories - President Aliyev
Without normalization of relations with Turkey and with Azerbaijan Armenia has no future - President Aliyev
If Armenia makes constructive steps and liberate territories of course, we will open all communications - President of Azerbaijan
Popular Front Party, and Musavat Party going against national interests of Azerbaijan - President Aliyev
With TAP pipeline everything is on the schedule, says president of Azerbaijan
If any country assumes role of mediator, this country must be neutral, says Azerbaijani president
International monitors, peace-keeping forces one of last issues, which had to be addressed - President Aliyev
All the regions of Azerbaijan must be liberated, says President Ilham Aliyev
Azerbaijan is fighting itself, we don’t need any foreign fighters - President Aliyev
There will be no referendum in Nagorno-Karabakh - President Aliyev
If we are attacked, we must not only defend ourselves, but also launch a counter-attack - President Aliyev
Our refugees and internally displaced persons must return to all the occupied territories - President Aliyev
We must have decisive say about international monitors, says Azerbaijani president
If Minsk Group for 30 years cannot produce results, it speaks for itself - President Aliyev
WHO roots for rapid diagnostic tests to boost COVID-19 war in Africa
Kazakhstan to boost export of agricultural products to SCO markets
Int'l organizations informed about rocket attacks on Azerbaijani regions (PHOTO)
Morale of Azerbaijani army personell at high level - Azerbaijani MoD (VIDEO)
With this Armenian government unfortunately, prospects for peaceful settlement very remote - President Aliyev
More military equipment of Armenian armed forces destroyed (VIDEO)
Azerbaijani flag hoisted in Agbend village of Zangilan district (VIDEO)
Central Bank presents forecasts for Uzbekistan’s macroeconomic dev’t
Kazakhstan, Romania trade turnover increases despite COVID-19
With liberation of Aghband settlement, taking full control over Azerbaijani-Iranian state border ensured - President Ilham Aliyev
Azerbaijani Army liberates 3 villages of Fuzuli district, 4 villages of Jabrayil district - President Ilham Aliyev
Azerbaijani Army liberates 13 villages, Aghband settlement of Zangilan district - Azerbaijani president
Russia continues to make active efforts to resolve Karabakh conflict - MFA
OIC Parliamentary Union condemns Armenia's attack on Azerbaijan's Ganja
Azerbaijani RabitaBank's assets for 9M2020 grow
Morocco decreases import of Turkish cars
Uzbekistan, Afghanistan to jointly attract funds for transport corridors dev’t in Central Asia
Uzbekistan, Tajikistan agree on resumption of flights
Armenia's tries to present its position as "peaceful" - total nonsense, Azerbaijan says
Iran to offer loans to support industrial production
Isbank Georgia talks about its cooperation with IFC
Restoration of territorial integrity of Azerbaijan - undoubtedly legitimate process - Georgian expert
Adidas plans to sell ailing Reebok business within months
Cargo transportation between Uzbekistan, Afghanistan grows despite decline in int'l trade
Export of cars from Turkey to France down
Yerevan's foreign policy only possible if Armenia accepts it needs to make peace with Azerbaijan - Svante Cornell
Turkish Trade Ministry says export of domestic cars to China up
Georgia sees increase in price of medicines
Turkmenistan’s geographic location offers potential for country’s economy, says US Embassy in Turkmenistan
Azerbaijan Rabitabank’s net profit for 9M2020 revealed
National Bank of Georgia takes another steps to stabilize lari exchange rate
Procedure for calculating total amount of insurance premiums approved in Azerbaijan
Turkey's export of cars to US edge lower
Karabakh hostilities cause direct disruption to health care amid COVID-19 - WHO
Import of Turkish cars by Azerbaijan declines
Yerevan must withdraw troops, mercenaries and terrorists from Azerbaijan - Turkish Defense Minister
Azerbaijan reveals data on imports for 9M2020
Germany's nine-month import of cars from Turkey down
Apples emerging as export crop for second year in Georgia
Azerbaijan reveals 9M2020 trade turnover volumes with major partners
Nagif Hamzayev: Azerbaijan writes new pages in the world military history
Turkey's 9M2020 export of jewelry to Ukraine doubles
Azerbaijani artillerymen continue to make precise strikes at firing points of Armenian armed forces (VIDEO)
Tender: Khazar Consortium to buy materials for smooth operation of oil field facilities
Int'l organizations miscalculate military arsenal of Armenia - MP
Turkmengas opens tender for purchase of equipment
Uzbekistan’s 9M2020 export volume of fruits, vegetables revealed
MagtiCom leads with highest ARPU rate in Georgia
New apartments inagurated in Iran
Azerbaijan's overall exports for 9M2020 unveiled
Kazakhstan to increase electric vehicles manufacturing by 2022
CO2 emissions prevented in Kazakhstan as renewable energy projects launched
Revenues of mobile operators in Georgia down
Uzbekneftegaz launches condensate stabilization unit at Uzbek oil field
Azerbaijani Embassy in Russia clarifying issue on prohibiting Azerbaijani citizens to use Pobeda Airlines' services
Uzbekistan launches mineral-based engine oil production
Trend News Agency's editor-in-chief tells CNN Turk about ongoing tension in Karabakh (PHOTO/VIDEO)
Russia almost halves jewelry imports from Turkey
Azerbaijan’s AzerGold taking measures on legal assessment of illegal mining in occupied territories
Azerbaijan starts reconstructing roads leading to liberated villages of Tartar (PHOTOS)
Georgian Caucasus Auto Import adds new export markets
USAID promotes warehouse digitization of Turkmen logistics company
Uzbekistan eyes to increase cars export by 4Q2020
Uzbekistan’s private business actively involved in agriculture digitalization
Sanctions must be imposed on Armenia, says Lebanese legal expert
Attacking civilians unacceptable, Israeli ambassador says
Armenia opens additional flights to transfer volunteers to Karabakh (PHOTO)
Number of people infected with COVID-19 pandemic in Iran exceeds 550,000
Azerbaijan's president says Armenia receiving external help, including mercenaries, weaponry
Your statements every evening about how many villages, cities have been liberated from occupation bring joy to people all over Turkey - Turkish Chief Ombudsman
Azerbaijan confirms 171 more COVID-19 recoveries
Turkmenistan's import of Turkish jewelry surges
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Those unwilling to fight in Armenia buy positive coronavirus test at $1,000-2,000
There is not single surviving building in liberated cities, in these villages, in most of them - Azerbaijani president
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