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Weekly Azerbaijan Business Monitoring: June 2019 (2)

17 November 2019
70 AZN 40 USD 35 EUR

Last week review

Russian Ambassador: Baku and Moscow may use opportunities for linking transport routes
Russian ambassador: Russia, Azerbaijan eliminating barriers in bilateral trade
Ambassador: Russia, Azerbaijan creating JV for production of medicines
Cooperative on pomegranate cultivation to be set up in Azerbaijan's region
SME promotion campaign continues in Azerbaijan
Timeframe for Azerbaijan’s Laki-Gabala railway construction announced
Facility for processing of livestock products to open in Azerbaijani district
New logistics centers to be created in Azerbaijan
Bakcell receives award from Ministry of Economy
Azerbaijan's revenues from freight transportation through TRACECA corridor growing
Azerbaijan's SME Development Agency sends local entrepreneurs to Germany
Azerbaijan implements project to support development of female entrepreneurship
Azerbaijan Airlines to operate flights from Baku to Delhi
Azerbaijani minister: transport sector to continue rapid growth
Round table discussions on 1st Caspian Economic Forum held in Baku
President Ilham Aliyev receives secretary general of World Customs Organization
Ilham Aliyev: Azerbaijan interested in increasing transport potential, transit capacity
World Customs Organization supports sustainable development in Azerbaijan
Azerbaijani President receives chairman of Dutch-Azerbaijan Friendship Group
3-day WCO IT/TI Conference & Exhibition kicks off in Baku
Ashgabat, Baku appreciate significance of Trans-Caspian high-speed information highway
UAE to invest $10M in development of SMEs in Azerbaijan
Flights from Russia's Rostov-on-Don to Baku to be resumed
Azerbaijan passes amendment to law on road traffic
Carlsberg Azerbaijan, Azerbaijani Ministry sign memorandum
New requirements for air carriers in Azerbaijan
Azerbaijan approves action plan on state program to ensure food safety until 2026
Azerbaijani minister: cashless payments contribute to economic transparency
Azerbaijan’s Buta Airways launches Baku-Batumi flight
Baku hosts conference on role of women of Turkic world in achieving SDGs

Azerbaijani oil prices

Dynamics of monetary market of Azerbaijan

Major events in caspian countries' oil and gas industry for last week

Azerbaijan's State Oil Company SOCAR to commission new filling stations in 2019
Azerbaijan may potentially export RON-92 fuel
Azerbaijan increases oil production in May, fulfills OPEC+ obligations
Total files lawsuit against Antipinsky Oil Refinery which SOCAR eyes to acquire
TANAP marks one year since commissioning, pumps nearly 800 mcb of gas
SOCAR talks progress of Baku Oil Refinery's modernization
International Energy Agency expects oil consumption to increase in 2020

Weekly economic review

Azerbaijan drafts bill “On small and medium business”
Azerbaijan imposes penalties for financial and credit institutions
Minister: tax reforms in Azerbaijan yield positive results
German-Azerbaijani Chamber of Commerce preps 5-year report on Azerbaijan's business climate
Azerbaijani committee, IBM to start using blockchain technology in customs

Last week’s laws, orders and decrees in Azerbaijan

Funds allocated in Azerbaijan for construction and repair of educational institutions in Baku and suburbs
Azerbaijan approves rules for joint control over institutions in import-export operations
Funds for shore protection work on Pensarchay River allocated in Azerbaijan
Azerbaijani president signs law amending "Law on termination of inspections in entrepreneurship"
Azerbaijani president signs decree amending order on "Additional measures on reforms in customs system"

Weekly actual topics in Azerbaijan

Expert: Russia-Azerbaijan-Iran regional partnership testifies their interest in INTC project
Expert: North-South Int’l Transport Corridor to be mulled at Baku-Moscow-Tehran summit
Era of high oil prices over - Azerbaijani expert
Expert: North–South Corridor to increase political bonuses for Moscow, Baku, Tehran