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Weekly Azerbaijan Business Monitoring: August 2019 (2)

14 November 2019
70 AZN 40 USD 35 EUR

Last week review

Azerbaijani government eyes to increase export of non-oil products, import substitution
Industrial and agricultural parks open up new opportunities for expanding production in Azerbaijan
Coefficients in agricultural production to be announced soon in Azerbaijan
Russia’s Tyumen entrepreneurs eye to establish partnership in Azerbaijan
Turkish FM: Baku-Tbilisi-Kars railway is "window to Europe" for Asia
Azerbaijan’s SME Development Agency supports entrepreneurs dealing with beekeeping
President Aliyev, first lady Mehriban Aliyeva familiarized themselves with production process at NaraMIZ fish farm in Pirallahi district
Chairman, board members appointed at Azerbaijani Innovation Agency
Azerbaijani Ministry of Taxes warns businesses of serious sanctions for non-provision of checks
Azerbaijani farmers to get subsidies worth over 85M manats
EBRD discloses volume of loans for implementation of green projects in Azerbaijan
Azerbaijan, Iran eye to further develop economic co-op

Azerbaijani oil prices

Dynamics of monetary market of Azerbaijan

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

Zenith Energy reduces interest rate for two trade finance facilities in Azerbaijan
SOCAR AQS launches drilling of new well at Azerbaijani field
SOCAR Methanol’s output exceeds 710,000 tons
Turan Drilling & Engineering launches operations within contract with BP
Progress in full-scale development of Shah Deniz nears 93%
Azerbaijan’s SOCAR Polymer to significantly increase non-oil exports
TANAP project receives Green World Awards 2019
TAP completes excavation work for microtunnel in Italy

Weekly economic review

Azerbaijani, Korean supreme audit institutions discuss co-op
Import substitution ensures competitiveness of Azerbaijani economy
Pankin: BSTDB, Azerbaijan start talks on draft co-op strategy
Banking Corporate Governance Standards approved in Azerbaijan
Azerbaijan’s FIMSA joins Basel Consultative Group

Last week’s laws, orders and decrees in Azerbaijan

Fine imposed in Azerbaijan for violation of legislation in connection with procurements

Weekly actual topics in Azerbaijan

Azerbaijani minister discloses amount of funds allocated to increase salaries, pensions
Azerbaijani minister: Social reforms in 1Q2019 improve living conditions of people