Last week review (Aug. 25-29)

August 25

Azerbaijan updates list of countries outside scope of cooperation in fight against money

Financial Monitoring Service (FMS) under the Central Bank of Azerbaijan (CBA) has reduced and made ​​changes to the list of states, as well as countries possibly involved in the laundering of money and other property, financing of terrorism, illicit trafficking of narcotic drugs and psychotropic substances, supporting of transnational organized crime, including armed separatism, and extremism, states the order of the head of the Financial Monitoring Service published on its website.

According to the updated list, Guatemala, and the islands of Nauru, and Niue were excluded and Belize and the Co-operative Republic of Guyana were added. At present, the list approved by the FMS consists of 16 countries - Iran, Armenia, Belize, Afghanistan, Iraq, the Democratic Republic of Congo, Democratic People's Republic of Côte d'Ivoire, the Cooperative Republic of Guyana, the People's Democratic Republic of Laos, Liberia, the Republic of the Union of Myanmar, Somalia, Sudan, Thailand and Vietnam.

August 26

CBA tightens requirements for capital adequacy

Central Bank of Azerbaijan plans to change the structure of the classification of assets by risk level, adding the group of 120 percent risk level, which will include unsecured consumer loans. This change is reflected in the amendments to the "Regulations for the calculation of bank capital and its adequacy." Draft amendments are published on the website of the CBA.

August 27

Problems at Azerbaijan-Russia, Azerbaijan-Georgia custom border posts solved

Customs and border posts of Azerbaijan on the border with Russia and Georgia are working in emergency mode, and queues formed a couple of days ago due to a landslide in the Daryal Gorge in Georgia, have been eliminated, Azerbaijani State Customs Committee (SCC) said. "At the moment intensive work is being carried out both at the Sinig Korpu checkpoint and at the Samur checkpoint, which ensures free movement across the Azerbaijani-Georgian and Azerbaijani-Russian border," the SCC said.

On August 20 due to the landslide on the area of the Russian-Georgian border vehicles transporting goods to Turkey, had to pass through the territory of Azerbaijan. Large flow caused delays on the Azerbaijani-Russian customs, which led to the formation of queues on both sides of the border.

August 28

Birinci Shahseven-Ahmadli-Dunyamalilar road commissioned in Beylagan

President of the Republic of Azerbaijan Ilham Aliyev has attended the opening of the Birinci Shahseven-Ahmadli-Dunyamalilar road in Beylagan. The road was constructed under the Azerbaijani President Ilham Aliyev's order dated Sept. 12, 2013.

Two million AZN were initially allocated from the President's 2013 Contingency Fund to the Beylagan District Executive Authority for construction of the road. The road, which links eight residential areas with a total population of 25,000 people, is more than 39 km in length. The construction of a 20km section of the road has already been completed.

Azerbaijani president attends opening of bridge over Kur River in Shirvan

President of the Republic of Azerbaijan Ilham Aliyev has attended the opening of a bridge over the Kur River on the Hajigabul-Bahramtapa highway in the city of Shirvan. The president cut the ribbon symbolizing the official opening of the facility.

Transport Minister Ziya Mammadov told President Aliyev that the bridge is 317 meters in length and nearly 15 meters in width.

The outdated metal bridge was creating serious traffic problems. Although it had been repaired several times, the replacement of the bridge with a new one was urgently needed. The construction started in 2011 and it is now ready for operation.

First phase of operations completed as part of KfW water project in Azerbaijan

The first stage of work completed as part of the reconstruction of water supply and sewerage system in the city of Ganja. It was carried out as part of the "Second program of open communal infrastructure" and funded by the Azerbaijani government, the German bank KfW and the Swiss State Secretariat for Economic Affairs Seco, Azersu (national water operator of Azerbaijan) said.

The work was carried out to restore the water sources and to construct the main water lines during the first phase of the project. Taking into account the relief, perspective development of Ganja and the needs of the population, three water sources, namely, the drainage systems of Goygol and Gyzylgaya, as well as Shemkirchay reservoir were chosen to provide the city with water, according to the statement.

August 29

Azerbaijani president attends opening of garment factory in Horadiz city

President of the Republic of Azerbaijan Ilham Aliyev attended the opening of a garment factory in Horadiz. The president was informed about the conditions were created in the factory. The fact that the factory has state-of-the-art equipment and devices, paves the way for the manufacture of high quality products.

Azerbaijan's Silk Way Airlines receives two new cargo Boeing aircraft

Azerbaijan's "Silk Way Airlines" has received two new cargo Boeing 747-8 aircraft, Boeing reported. One aircraft was delivered to Silk Way Airlines last week, and the second one Aug. 28, according to the statement.

Subscribe to Trend in Google News! Subscribe
President Raisi's visit to Russia - fundamental change in Iran's international relations - Iran's VP
President Raisi's visit to Russia - fundamental change in Iran's international relations - Iran's VP
Excellent Iran-Russia ties serving strategic goals - Iranian president
Excellent Iran-Russia ties serving strategic goals - Iranian president
Iranian president expects visit to Russia to be turning point in relations between two countries
Iranian president expects visit to Russia to be turning point in relations between two countries
Loading Bars
Latest
Turkmenistan has great potential for green energy initiatives – USAID
Georgia, Azerbaijan discuss customs cooperation
USAID eager to partner with Turkmenistan on low carbon development
Only Azerbaijani citizens older 18 allowed to visit liberated lands - adviser to minister
Azerbaijani currency rates for January 21
Uzbekistan shares domestic COVID-19 data for January 20
Oil falls as U.S. inventory build prompts profit-taking
MFA of Kazakhstan issues statement on European Parliament resolution on situation in country
Japan approves Pfizer's COVID-19 vaccine for children aged 5-11
2022 can be called the year of investments in Karabakh - Country Managing Partner of PwC (Interview) (PHOTO/VIDEO)
16,284 more COVID-19 cases reported in Kazakhstan
China, Russia delay U.S. bid to sanction North Koreans at U.N.
Turkey confirms 71,843 daily COVID-19 cases
New vaccine passport rules in France to come into power from next week
U.S. FAA approves 78% of planes for low-visibility landings near 5G airports
Gloomy Netflix forecast erases much of stock's pandemic gains
Turkey, El Salvador sign 6 agreements during Bukele visit
Austria becomes first country in Europe to mandate COVID-19 vaccination for all adults
Google launches fresh appeal to overturn $2.8 bln fine at top EU court
Russian, Iranian top diplomats confirm commitment to Vienna talks to restore JCPOA - MFA
Gas prices in Europe above $900 per 1,000 cubic meters
Tehran offers swap of Russian gas from Azerbaijan to southern Iran
Czech Development Agency eyes launching new projects in Georgia in 2022
Sudan military chief Burhan announces ministerial appointments: Sovereign council
Azerbaijani FM discusses issues of bilateral cooperation with Austrian minister
Azerbaijani FM meets with OPEC Secretary General (PHOTO)
UN General Assembly adopts resolution condemning Holocaust denial
Cavushoglu and Israel's Lapid hold phone call
Iran, Russia reach agreements in oil and gas sector, says minister
Children over 5 years old allowed to be vaccinated against coronavirus in Uzbekistan
Ankara expects to host Putin-Zelensky meeting - Erdogan
Turkey, Qatar agree on ensuring security at Kabul airport
Turkish Parliament speaker pays tribute to memory of martyrs of Azerbaijan's January 20 tragedy
Georgia slightly decreases imports of petroleum gases from Azerbaijan
US will keep probing diplomats’ health incidents: Blinken
Georgia shares data on cement imports from Azerbaijan
Kazakhstan Railways opens tender to buy spare parts
Azerbaijan's metallurgical production increases
Cost of manufactured computers up in Azerbaijan
Central Bank of Turkey makes decision on key rate
President Ilham Aliyev receives Advisor to French President's Cabinet and EU Special Representative for South Caucasus (VIDEO)
January 20 tragedy laid foundation for Azerbaijanis' struggle to restore their statehood and independence
Azerbaijan shares data on number of vaccinated citizens
Price indexes of industrial, trade sectors at Uzbek stock exchange rise
Azerbaijan confirms 1,186 more COVID-19 cases, 582 recoveries
Turkish VP tweets about anniversary of Azerbaijan's January 20 tragedy
Kazakhstan talks persons not eligible for support on loan deferrals, write-offs
Uzbekistan’s Bukhara oil refinery discloses volume of its production in 2021
Turkmen enterprise releases its first tablets and smartphones
Azerbaijan is beneficiary of recovery trend in hydrocarbon market - Gazprombank
Technical specifications of Azerbaijan’s Khizi-Absheron power plant revealed
Uzbek Central Bank makes decision on its main rate
Azerbaijan boosts oil exports to Georgia
State Statistics Committee discloses cost of machinery, equipment produced in Azerbaijan
Cars re-export from Georgia to Azerbaijan increases
Uzbekistan’s gas chemical complex reveals volume of its products for 2021
Kazakhstan unveils value of vehicles insurance over 11M2021
Kazakhstan reports increase in monetary base value
Kazakhstan's first president to retain right to speak at parliament and government
Azerbaijani Executive Power in Baku opens tender for purchase of truck spare parts
Tesla Berlin factory to elect works council on Feb 28
Kazakhstan to introduce two alternative ways to repay deferred payments
Introducing hydrogen as energy carrier can raise energy security risks
Impact of large-scale protests in Kazakhstan yet to play out - WoodMac
Azerbaijan's State Agency for Use of Mineral Resources opens tender on survey services
India’s cumulative COVID-19 vaccination coverage exceeds 158.88 Cr
PM Modi to host first ever India-Central Asia Summit in virtual format on Jan 27
Indian NSE world’s largest derivatives exchange for 3rd straight year
Artel launches Innovative Educational Center in Tashkent
Uzbekistan shares data on industrial production in 2021
Events held in Azerbaijani army, dedicated to January 20 tragedy (PHOTO)
Guides to accompany passengers of bus trips to Azerbaijan’s liberated Aghdam, Shusha cities
Can hydrogen market be cartelized?
Azerbaijani NBCO eyes boosting car loan portfolio
Memory of January 20 tragedy victims honored in Azerbaijan's Shusha (VIDEO)
Indian economic recovery yet to attain durability: Icra
Russia records another 38,850 coronavirus cases, highest daily number since Nov 13
PM to launch India-assisted projects with Mauritius counterpart Jugnauth today
Rapid growth of hydrogen to underpin rising demand for nickel, zirconium
Azerbaijani State Border Service to purchase building materials via tender
Iran’s CBI discloses data on balance of bank loans
Uzbek Statistics Committee reveals amount of construction work done in 2021
Azerbaijan's minister of health talks quarantine regime
Turkmen garment factory ramps up production
Iran reveals COVID-19 data for January 20
IEA expects Azerbaijan to increase oil output in 2022
Turkish MoD shares publication on anniversary of January 20 tragedy in Azerbaijan
Work related to Armenia's environmental crimes in Azerbaijan's Karabakh in progress - ministry
Iran’s Bahar Azadi gold coin price continues to rise
Turkish, Armenian special reps to discuss confidence-building measures - FM
IEA evaluates Azerbaijan’s OPEC+ compliance
Kazakhstan crude and condensate production estimated to go up in 2022
European Hydrogen Backbone joined by six more companies
Swiss Expo inks solar power purchase agreement in Poland
Кazakh Electricity Grid Operating Company opens tender to buy spares for vehicles
Turkmenbashi refinery opens tender to purchase necessary equipment
EBRD to allocate loan for Turkey’s renewable energy sector
Azerbaijan develops action plan to provide liberated areas with internet
Georgia shares data on trade turnover with Azerbaijan
Russian MFA talks about expansion of transport corridors within GUAM
All news