Last week review (Oct. 17-21)

Oct. 17

New gold deposit discovered in Azerbaijan

Anglo Asian Mining PLC (AAM), producer of gold in Azerbaijan, discovered a new gold deposit, AAM said in a message. “The discovery will greatly increase the gold reserves and further production on the Gadabay field,” Reza Vaziri, AAM director general, was cited as saying.

Azerbaijan, Indonesia keen to deepen economic co-op

A group of representatives of the Azerbaijani ‘Silk Road’ Public Union for Promotion of Development of Entrepreneurship, Indonesia’s Ambassador to Azerbaijan Husnan Bey Fananie and a number of the embassy employees are on a visit to Indonesia.

The delegation visited Jakarta to attend the Trade Expo Indonesia 2016.

Azerbaijani entrepreneurs are also holding meetings in various cities of Indonesia in order to develop business cooperation between the two sides. The parties have already discussed the opportunities to cancel visa regime for Indonesian tourists, as well as launching direct Baku-Jakarta flights.

Azerbaijan intensifying activity within European Energy Charter

Azerbaijan will take appropriate measures for the development of relations within the European Energy Charter, said Azerbaijan’s Energy Minister Natig Aliyev, according to the country’s Energy Ministry. Aliyev held a meeting with Secretary General of the European Energy Charter Urban Rusnak, who arrived in Baku to attend the 7th International Forum “Energy for Sustainable Development.” The sides discussed the issues of cooperation between Azerbaijan and the Energy Charter.

Iran, Azerbaijan to launch online marketplace

Iran and Azerbaijan are expected to launch a joint website to sell the products of both countries online, Iranian ICT minister has said. Iran’s Minister of Communications and Information Technology Mahmoud Vaezi met with his Azerbaijani counterpart Ramin Guluzade in Tehran to discuss expansion of cooperation between the two neighboring countries, Fars news agency reported. Issues regarding postal systems, electronic commerce and satellites were discussed during today’s talks, Vaezi said.

Oct. 18

President Ilham Aliyev met with Iranian delegation

President of the Republic of Azerbaijan Ilham Aliyev received a delegation led by Governor General of Ardabil Province of the Islamic Republic of Iran Majid Khodabakhsh.

Ilham Aliyev attends reception to mark 25th anniversary of Azerbaijan`s independence

An official reception has been held at the Heydar Aliyev Center to celebrate the 25th anniversary of the restoration of the state independence of the Republic of Azerbaijan.

President of the Republic of Azerbaijan Ilham Aliyev attended the reception and made a speech at the event.

Ilham Aliyev receives WB representative

President of the Republic of Azerbaijan Ilham Aliyev received the World Bank Regional Director for the South Caucasus Mercy Tembon.

Oct. 19

Ilham Aliyev attends opening of ‘Das Salahlı’ sub-station

President of the Republic of Azerbaijan Ilham Aliyev attended the opening of 110/35/6 KV “Das Salahlı” sub-station in Qazakh district. “Das Salahlı” is the fourth 110KV facility built in the western region of Azerbaijan and the 44th in the country.

Ilham Aliyev attends opening of “Birinci Sıxlı Farm” LLC in Qazakh

President of the Republic of Azerbaijan Ilham Aliyev attended the opening of “Birinci Sıxlı Farm” LLC in Qazakh district. The farm occupies an area of 151 hectares. It includes a 2,000-ton capacity warehouse, 250 square meter park for agricultural machinery and a 600 square meter production area. The farm will employ 170 people.

Ilham Aliyev attends opening of newly renovated highway

Qazakh-Kosalar highway was opened after renovation, in presence of the country’s president, Ilham Aliyev.

62 projects get investment promotion document in Azerbaijan

As many as 62 projects by Azerbaijan’s entrepreneurs have received an investment promotion document worth 787 million manats since April 2016, the country’s Economy Minister Shahin Mustafayev said in Baku at the conference “Non-oil exports: today's challenges and opportunities.” The minister said that currently nine projects worth 55 million manats are also being considered. The implementation of these projects will make it possible to open over 5,000 new jobs, Mustafayev said.

Aviation authorities of Azerbaijan, Iraq hold talks

Negotiations were held between the Civil Aviation Administrations of Azerbaijan and Iraq in Baku. During the meeting, the sides discussed issues of bilateral cooperation in the area of air transportation and prospects of implementing regular passenger and cargo flights between Azerbaijan and Iraq. The meeting was also attended by representatives of the two countries’ air carriers.

Ilham Aliyev lays foundation of granary of Aghstafa plant

President of the Republic of Azerbaijan Ilham Aliyev attended a groundbreaking ceremony of a granary of a grain processing and flour products plant of Aghstafa Agroservis LLC.

Construction of the plant started in March 2015 and is expected to be completed in May 2017. The complex will include three plants. The project will embrace the construction of a bread plant, grain and flour warehouses.

Ilham Aliyev inaugurates enterprises, boiler house in industrial park in Aghstafa

President of the Republic of Azerbaijan Ilham Aliyev has attended the opening of enterprises and a boiler house in “Karvan-L EKO” industrial park in Aghstafa.

President Ilham Aliyev familiarized himself with the new enterprises.

Ilham Aliyev opens “Modern” furniture factory in Aghstafa

President of the Republic of Azerbaijan Ilham Aliyev has inaugurated “Modern” furniture factory as part of his visit to Aghstafa. The factory is an affiliate of “Saloğlu” furniture plant.

The factory features 7 production areas. The project will create 250 permanent jobs.

Netherlands can help Azerbaijan develop agricultural sector

Azerbaijan may use the experience of the Netherlands in the spheres of production, processing and packaging of agricultural products, as well as for the development of poultry farming and vegetable growing, Azerbaijan’s Economy Minister Shahin Mustafayev said at a meeting with Ambassador of the Netherlands to Azerbaijan Onno Kervers. Mustafayev said that Azerbaijan and the Netherlands have ample opportunities for cooperation in the fields of agriculture, industry, transport, environment, education and others.

Oct. 20

Russia, Azerbaijan increase car routes for passenger transportation

Russia and Azerbaijan are planning to create six news car routes for regular passenger transportations, head of the State Motor Transport of Azerbaijan’s Transport Ministry, Elnur Abdullayev, said at a meeting of the Azerbaijan-Russia joint commission on international road transportation.

Deputy Director General of Rosavtotrans Agency of Automobile Transport Ruslan Luzhetsky in turn appealed to Azerbaijan with a request to extend the term of validity of a permit given to Russian carriers, which is now issued for 1 year.

Azerbaijani business draws almost half of financing for 2016

Since early 2016, the National Fund for Entrepreneurship Support under Azerbaijan’s Economy Ministry allocated preferential loans worth 123 million manats for entrepreneurs, said Arif Valimammadov, deputy executive director of the fund, during a forum in the country’s Samukh district. During the forum, 53 entrepreneurs were given preferential loans worth 646,000 manats through the authorized credit organizations. These loans will be used for the development of livestock farming, beekeeping, vegetable growing, gardening, viticulture and other spheres. The loans will allow opening about 60 new jobs.

UAE investments in Azerbaijan’s non-oil sector exceed $650M

The volume of direct investments by the UAE in the non-oil sector of Azerbaijan's economy is approximately $659 million, Head of Interstate Economic Cooperation Department of the country’s Economy Ministry Orkhan Mammadov said at Azerbaijan-UAE business forum.

“Currently, 223 companies from the UAE operate in Azerbaijan, and the trade between our countries amounted to $58 million as of the end of the third quarter of 2016, which is 24 percent more than in the same period of 2015,” Mammadov said.

Oct. 22

President Aliyev meets Venezuelan president

President of Azerbaijan Ilham Aliyev and President of the Bolivarian Republic of Venezuela Nicolas Maduro held a meeting in Baku. During the meeting, the two parties exchanged views on studying the cooperation in such spheres as, trade, energy and investment making.

Iran hoping to overcome 4-th peak of COVID-19
Iran hoping to overcome 4-th peak of COVID-19
COVID-19 kills 202 more Iranians over past 24 hours
COVID-19 kills 202 more Iranians over past 24 hours
Iran reveals COVID-19 data for May 12
Iran reveals COVID-19 data for May 12
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SpaceX launches rocket with 54 satellites
Brazil reports 2,087 more COVID-19 deaths
France hits target of 20 mln first COVID-19 vaccinations: PM
Air raid sirens go off, explosions heard in Tel Aviv
9 missing in Indonesia's boat accident
IS claims responsibility for Kabul mosque attack
More than 677,000 COVID-19 infections detected worldwide over past 24 hours
Chamber of Commerce hopes Iran's trade to improve as COVID-19 spread declines
Iran to hold conference on electrical engineering
Weekly review of Azerbaijani oil market
Uzbekistan to restore air communication with Saudi Arabia
Georgian Parliament Speaker to pay official visit to Brussels
Britain reports 2,027 new COVID-19 cases, seven deaths
Emergency session of OIC to be held on May 16 at Turkey’s initiative, Ankara says
Turkey aims to create electric vehicle market
Uzbekistan imported more than 200 million liters of gasoline in Jan-Apr 2021
Iranian, Spanish FMs exchange views on economic, trade coop.
Kazakh, Polish, Ukrainian and Arabian airlines to resume flights to Batumi
All international airlines halt air service with Israel
IDF confirms its strike on Gaza building after advance warning to civilians
Azerbaijani and Tajik FMs discuss situation on Azerbaijani-Armenian border
Fitch Ratings forecasts inflation rate in Azerbaijan for 2021-22
Nordwind launches direct flights from St. Petersburg to Baku from May 18
US ambassador to Azerbaijan, USAID director meet with Azerbaijani MP
Shooting occurred on border with Iran, two Azerbaijani border guards were killed
Suez Canal starts dredging work to extend double lane
At least 2,300 missiles fired at Israel from Gaza Strip since May 10
Africa's COVID-19 cases pass 4.67 mln: Africa CDC
Turkish Airlines resumes flights to Azerbaijan's Ganja (PHOTO)
Azerbaijan shares data on number of vaccinated citizens for May 15
France's import value of Turkish cement rises
Azerbaijan confirms 377 more COVID-19 cases, 1,318 recoveries
Azerbaijan's government budget deficit to narrow in 2021-2022 - Fitch Ratings
Azerbaijan's olive oil company entering Russian market
Turkey's revenues from exporting electrical goods to France increase
Fitch Ratings anticipates Azerbaijan's GDP growth in 2021
Value of Georgia's import of Turkish clothes grows
China's import value of Turkish electrical goods up in 4M2021
Turkey unveils number of ships docking at Tuzla port in 1Q2021
French import of grains from Turkey rises in value
Fitch predicts growth in foreign direct investments in Azerbaijan
U.S. requires inspections for wire failure on Boeing 737 Classic planes
Azerbaijani oil prices rebound
Iran hoping to overcome 4-th peak of COVID-19
Iran worried about blackouts due to cryptocurrency mining at homes
Georgia increases exports of beer
Kazakhstan's import value of Turkish electrical goods disclosed
Kazakhstan’s postal operator to engage repair services via tender
Kazakh energy company opens tender for buying isolators
Uzbekistan's import value of Turkish electrical goods notably up
Walmart says fully vaccinated employees can go without masks starting Tuesday
Azerbaijani president, first lady visit secondary school No 1 and Saint Elisæus Jotaari Church in Nij settlement, Gabala (PHOTO)
Georgia reports 1,576 new cases of COVID-19
Iran hopes to start exporting gas if Vienna talks are successful
Iran's 4M2021 import of Turkish grains doubles in value
Turkey reveals 1Q2021 volume of cargo shipment via Trabzon port
Value of Turkish cement export to Germany rises
EBRD to back development renewable energy projects in Georgia
Azerbaijani president, first lady attend opening ceremony of Gabala Railway Station and Laki station - Gabala single-track railway (PHOTO)
Azerbaijani president, first lady attend opening ceremony of new bridge over Bum River, road to Bum settlement after renovation (PHOTO)
Azerbaijani president, first lady visit Albanian Church of Blessed Virgin Mary in Nij settlement, Gabala (PHOTO)
Azerbaijani president, first lady arrive in Gabala district (PHOTO)
Iran inaugurating more projects in Chabahar port
Romania’s Romgaz lowers natural gas output q-o-q
No provocative actions against Russian peacekeepers noted in Karabakh - MoD
Casualties due to landmines in Azerbaijani liberated territories addressed at online conference
India: Modi releases 8th instalment of PM-KISAN benefits
Fitch revises outlook on Azerbaijan's IDR
Armed forces spearhead India’s Covid battle
UN Secretary-General counts on cooperation with Russia in supporting peace and stability
Romgaz’s investments turn out to be 39% less than planned
Spain logged hottest year on record in 2020
Romgaz sees over 7% decrease in Q1 2021 revenues
Khari Bulbul festival in Azerbaijan's Shusha became message to the world - MP
TAP AG joins other partners to submit White Dragon for IPCEI status
UAE urges Mideast ceasefire, offers condolences to all victims
Vienna Energy Research Group talks Iran's capacity in oil production, int'l oil sales
Iran to invest in Afghanistan's infrastructure projects
Petrochemical revenues to become less volatile, says McKinsey & Co.
Tickets for UEFA EURO 2020 matches in Baku up on sale (PHOTO)
Georgia’s subsistence minimum up
Azerbaijan to have two routes to Turkey within BTK corridor
Europe has right conditions for "safe reopening" of tourism in summer - EU Commissioner
Georgian-Lithuanian co-op facilitates freight transport between China, Europe - Ministry
Jan.-Apr. 2021: Georgian wine export up 15%
Demand for domestic tourism on the rise in Kazakhstan
Some 300 applicants register for Presidential elections in İran
Turkey’s 87 tech zones exports reach $5.8 billion
China's probe lands on Mars
Kazakhstan keen to cooperate with Spain in water resources management
Number of active U.S. drilling rigs increases this week
Cuba reports record number of daily COVID-19 cases
Japanese lawyer implores Tokyo to cancel Olympics, 350,000 sign petition
Romania to ease COVID-19 restrictions from Saturday
U.S. city Columbus agrees to pay 10 mln USD to family of unarmed black man killed by police
3 rockets fired from Syria toward Israel
Indonesia reports 2,633 new COVID-19 cases, 107 new deaths
Turkey reports over 14 400 COVID-19 cases)
New project 'Log in Georgia' to give access to high-speed internet to people in rural areas
Head of Kazakhstan holds meeting with World Bank Vice President for Europe and Central Asia
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