Last week review (Jan.26-30)

Jan. 26

Azerbaijani transport sector in 2014 receives $ 2.5 B

Some $ 2.5 billion was invested in the transport sector of Azerbaijan in 2014 from various sources, Transport Minister Ziya Mammadov said during a conference on the theme: "The use of new technologies and innovations in the construction and reconstruction of road infrastructure."

He said that out of the total funds invested in the transport sector of the country, $ 1.9 billion has been spent on the development of road and transport infrastructure.

The minister said that 11,000 kilometers of roads and about 300 bridges were built in the country over the past 10 years.

Azerbaijan, Gabon to expand customs cooperation

Gabon is interested in cooperation with Azerbaijan in various spheres of the economy, including customs, Gabon's Minister Delegate for Economy, Investment Promotion and Planning Marie Julie Biloghe said at a meeting with Chairman of the State Customs Committee of Azerbaijan Aydin Aliyev in Baku.

Biloghe informed Aliyev about recent achievements in economic and tourist potential of Gabon.

Jan. 27

Azerbaijani president attends conference on state program

President of the Republic of Azerbaijan Ilham Aliyev has attended a conference on outcomes of the first year of implementation of the "State Program on socio-economic development of districts of the Republic of Azerbaijan in 2014-2018" at the Heydar Aliyev Center.

The president gave an opening address at the conference.

Then Minister of Economy and Industry Shahin Mustafayev, Minister of Agriculture Heydar Asadov, chairman of "Melioration and Water Management" OJSC Ahmad Ahmadzade and chairman of "Azersu" OJSC Gorkhmaz Huseynov delivered speeches at the event.

The president made the closing remarks.

Jan. 28

Georgia, Azerbaijan discuss transport cooperation

Transport cooperation issues were discussed during a meeting of Georgian Prime Minister Irakli Garibashvili and Azerbaijani Transport Minister Ziya Mammadov.

The sides discussed bilateral cooperation in the transport sector, the Georgian government. They paid special attention to the Baku-Tbilisi-Kars (BTK) railway project.

Mammadov together with Georgian Economy Minister will attend a test train official launching ceremony in Kartsakhi as part of the Baku-Tbilisi-Kars (BTK) railway construction project.

President Aliyev receives Iranian minister of economic affairs and finance

President of the Republic of Azerbaijan Ilham Aliyev received a delegation led by Minister of Economic Affairs and Finance of the Islamic Republic of Iran Ali Tayebnia.

President Ilham Aliyev noted that there are good opportunities for cooperation between the two countries in the economic sphere.

The head of state recalled a visit of President of the Islamic Republic of Iran Hassan Rouhani to Azerbaijan, and stressed the importance of a business forum held as part of the visit with the participation of the two countries` businessmen.

Jan. 29

Azerbaijan, Iran to examine possibilities for mutual investment

Azerbaijan and Iran are creating a working group for cooperation in the investment area.
In this connection, the Azerbaijan Export & Investment Promotion Foundation (AZPROMO) and the Organization for Investment, Economic and Technical Assistance (OIETAI) of Iran's Economy Ministry signed a memorandum of understanding in Baku.
Sadegh Akbari, the OIETAI general director for foreign economic relations, said that the memorandum stipulates studying the opportunities for mutually making investments in the both countries' economies, the settlement of the problems of foreign investors operating both in Azerbaijan and in Iran. He added that a working group of 10 representatives of government bodies and private sector has been created.

Jan. 31

Standard & Poor's confirms investment rating of Azerbaijan

Standard & Poor's Ratings Services confirmed the international credit rating of Azerbaijan at the investment level "BBB-" with a "negative" outlook, said the report of the ministry of finance of Azerbaijan, published on its website.

Azerbaijan has a very low external debt level and a quite strong fiscal and external position (assets), according to the rating.

S & P explains the change of the outlook to "negative" by the fact that if Azerbaijan does not take preventive measures, the sharp fall in oil prices in the world can lead to a possible weakening of the current fiscal and external position of the country.

Kazakhstan bans import of Azerbaijani tomatoes
Kazakhstan bans import of Azerbaijani tomatoes
Georgia increases wine exports to Azerbaijan
Georgia increases wine exports to Azerbaijan
Azerbaijan becomes Georgia's second export partner
Azerbaijan becomes Georgia's second export partner
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Kazakhstan bans import of Azerbaijani tomatoes
Review of Georgian exports to China
Azerbaijani troops hold several events in connection with January 20 tragedy (PHOTO/VIDEO)
Georgia increases wine exports to Azerbaijan
Azerbaijan becomes Georgia's second export partner
Kazakhstan reports decrease in mutual trade volume with Vietnam
Geostat reveals data on China's exports to Georgia
Iran reveals COVID-19 data for January 20
Turkey mobilized to support Azerbaijan in post-war period, says ambassador
Uzbek-Korean JV names volume polyethylene output in 2020
Container shipping rates surge in Georgia
Passenger transportation volume by road surges in Kazakhstan
Georgia may lift restrictions on international flights
Georgia sees decrease in electricity consumption
January 20 events of 1990 aimed to strangle Azerbaijan’s fight for independence – historian
Turkmenistan’s Mary State Power Plant names production indicators of 2020
Iran dismisses having any 'secret talks' with Biden's team to bring US back to JCPOA
New geopolitical reality following Karabakh war to make contribution to GDP growth in Azerbaijan - Economy Minister
Iran to commit to JCPOA obligations - if Europe, US return - FM Zarif
Commerzbank deepens partnership with Microsoft
Central Bank reveals volume of property appropriated by Georgian commercial banks
Kazakhstan's Baikonur Cosmodrome starts launching works for 2021
Azerbaijani Kapital Bank’s total assets increase as of 2020
Carnations blooming today along with khari bulbul in Azerbaijan – Turkish FM
Exports of Iran's steel products declines
French ambassador to Azerbaijan talks about January 20 tragedy
Turkmen carpet weaving enterprise reveals production volume
Iran may cancel additional protocol on nuclear deal - Foreign Policy Commission
Azerbaijan keen to develop relations with Turkey, Pakistan in almost all spheres
Azerbaijani people honoring memory of 20 January tragedy victims (PHOTOS)
Caspian Shipping Company’s marine flotilla reveres memory of January 20 martyrs (VIDEO)
Armenians destroyed mausoleum of outstanding Azerbaijani poet in Shusha - monitoring results
Azerbaijan's State Service for Property Issues unveils amount of transfers to state budget
Supply of Indian manufactured vaccines to neighbouring and key partner countries
Azerbaijan progresses with cotton yields in 2020
EU's Michel calls on Biden to form new transatlantic pact
Jewish community in Azerbaijan revere memory of victims of January 20 tragedy
India to gift 2 mn doses of Covid-19 vaccine 'Covishield' to Bangladesh
India, Japan sign Memorandum of Cooperation to help promote movement of skilled workers
Georgia reports 469 new COVID-19 cases for Jan.20
UK ambassador to Azerbaijan makes statement on January 20 tragedy
Benefits provided for Uzbek entrepreneurs likely to be extended
Share of domestic exports up in Georgia
Azerbaijan discloses number of mandatory health insurance services in 2020
Azerbaijani president, first lady visit Alley of Martyrs on 31st anniversary of 20 January tragedy (PHOTO)
India, Oman Hold Discussions On Bilateral Cooperation
Turkmenistan's Turkmengas to buy chemical products via tender
Uzbekistan, Turkey to work on approving agreement on preferential trade
Azerbaijan’s Kapital Bank reveals 2020 net profit
EU Delegation mourning victims of “Black January” tragedy - statement
Copper ores and concentrates top export goods in Georgia
Azerbaijan holds minute of silence to honor January 20 victims (PHOTOVIDEO)
Modi gets SOS message for vaccine from Caribbean nation that stood by India
Black January means symbol of struggle for independence - Charged ’Affairs of Azerbaijani Embassy in Ethiopia
Iran’s South Pars Gas Company beats new record on export
First Vice- President Mehriban Aliyeva shares Instagram post on 20 January tragedy (PHOTO)
Uzbekistan’s Central Bank to place bonds on republican currency exchange
Georgia sees decrease in external merchandise trade
Turkmenistan's Mary region opens tender for construction
Turkmenistan signs contract for aircraft purchase from French Airbus
UK inflation rises a little more than expected in December
Largest share of mortgage loans falls on Uzbekistan’s Samarkand region
Article on Black January tragedy of Azerbaijani Consul General in LA published
EU4Business supports expansion of Georgia’s biggest digital creative agency to global markets
Кazakh Electricity Grid Operating Company to buy construction materials via tender
Azerbaijani oil prices continue to grow
Phased COVID-19 vaccination continues in Azerbaijan - Ministry of Health
Kazakh Embassy extends condolences to Azerbaijan on 20 January tragedy's anniversary
Number of Uzbek banks raise dollar rate
EBRD names loans volume provided for Uzbekistan during COVID-19
EBRD, State Electricity System of Georgia implement new energy project
Uzbekistan names start date for vaccination against COVID-19
Azerbaijani Ministry of Agriculture holds meeting on results of cotton growing dev't (PHOTO)
Azerbaijani company reveals growth in 2020 total insurance revenues
Aide to Azerbaijani president shares post on Twitter on anniversary of 20 January tragedy (VIDEO)
As always, on Day of National Mourning, we mourn with Azerbaijan - Turkish Embassy
Iran, Cuba joint COVID-19 vaccine to begin new phase of testing in Havana
Iran, Iraq discuss transit operations
Electricity generation potential of Iran's Kerman Province announced
Russia's Gazprom increases purchases of natural gas in Turkmenistan
Azerbaijan applying innovations for agrochemical soil analysis
Turkic Council commemorates heroes of Azerbaijan on occasion of 20 January tragedy anniversary
Azerbaijan to ease the health protocols for Iranian transit and export trucks
Azerbaijan’s Consulate General in Los Angeles produces short film on Black January tragedy
Iranian currency rates for January 20
Azerbaijan issues data on lending to communications, transport sector for 11M2020
European oil majors to prioritize large-scale developments in two regions
European oil majors to increase green investments to 16-17% of total spending
Azerbaijan’s Ministry of Ecology and Natural Resources discusses proposals for plastic bags
Iran's export transportation costs doubles
Greek parliament mulling IGB deal
Azerbaijani ministry talks on countrywide cybersecurity
Uzbekistan reveals COVID-19 data for January 20
Azerbaijani MFA issues statement on anniversary of 20 January tragedy
Oil rise on hopes of U.S. stimulus and crude stocks drawdown
Kazakhstan significantly decreases petroleum oil exports to Greece
Big Azerbaijani bank’s volume of total assets down
Russian and Azerbaijani sappers continue defusing mines in liberated territories (PHOTO)
Over 2,000 foreigners apply for 'Remotely from Georgia' state programme
Kyrgyzstan increases number of flights to Turkey
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