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Weekly Azerbaijan Business Monitoring: June 2019 (4)

19 November 2019
70 AZN 40 USD 35 EUR

Last week review

Azerbaijan, Turkey sign protocol on intention in field of public services
Azerbaijani minister talks on necessity to introduce new technologies in agriculture
Minister talks on plans to create ICT innovation clusters in Azerbaijan
Cluster SME Company’s criteria approved in Azerbaijan
Reps of int’l organizations familiarized with activity of Azerbaijan’s DOST center in Baku
World Heritage Young Professionals Forum opens in Baku
Azerbaijan Airlines to operate flights from Baku to Delhi
Turkmenistan, Azerbaijan mull Caspian Sea-Black Sea transport project in Bucharest
Montenegro invites Azerbaijan to participate in tender on managing 2 airports
PM: Montenegro invites Azerbaijani businesses to invest in priority areas
Georgia's alternative plan to lure Russian tourists includes Baku
Azerbaijan eyes to expand network of trading houses in Europe - minister
Minister: Azerbaijan can use Montenegro’s experience in alternative energy
Azerbaijani energy operator creates new department for work with businessmen
Baku Shipyard preparing to launch “Kalbajar” tanker
Caspian green ports of Azerbaijan, Kazakhstan, Turkmenistan aim for next level
Important changes in medical sphere adopted in Azerbaijan
Azerbaijan-EU ties intensively developing
Azerbaijan's Sirab mineral water enters US market
Azerbaijan hosts first assembly of its Association of Travel Agencies
New traffic signs planned to be included in Law on Road Traffic in Azerbaijan
New agreement approved between Azerbaijan, S. Korea
Azerbaijani Parliament approves amendments to state budget for 2019
Azerbaijani Parliament approves law on state budget execution for 2018

Azerbaijani oil prices

Azerbaijani oil prices for June 24-28

Dynamics of monetary market of Azerbaijan

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

SOCAR AQS completes drilling operations at Gunashli field earlier than planned
Fitch Ratings talks OPEC production cuts
Wood Mackenzie: Global oil market not as saturated as many believe
IMF forecasts Azerbaijan’s oil sector to grow

Weekly economic review

Asian Development Bank approves five-year Country Partnership Strategy for Azerbaijan
Production of some agricultural equipment planned to be exempt from VAT in Azerbaijan
Azerbaijan’s Chamber of Auditors to co-op with Russian colleagues
New risk insurance mechanisms to be created in Azerbaijan
IMF: Some Azerbaijani banks return to profitability

Last week’s laws, orders and decrees in Azerbaijan

Azerbaijani president allocates funds for construction of highway in Ismayilli
Azerbaijani president signs decree approving “State safety program” and “Flight safety rules”
Azerbaijani president signs decree on creation of new mechanism for subsidizing agrarian sector
Azerbaijani president allocates funds for reconstruction of Khojasan-Lokbatan highway
President Aliyev allocates funding for construction of road in Bilasuvar district

Weekly actual topics in Azerbaijan

Deputy PM: New opportunities can be uncovered for energy co-op between Bulgaria and Azerbaijan
BHGE working with Azerbaijan's leading companies to drive better returns, enhance production
Expert on reasons for decline in demand, consumption in Azerbaijani cement market