Azerbaijan’s trade surplus with EU countries decreases by 40%

In January-August of the current year, the volume of the trade turnover of Azerbaijan with EU countries amounted to...

Trade turnover of Azerbaijan with Turkey nears $ 3 bln.

During January-August of this year, the volume of trade exchange conducted by Azerbaijan with Turkey made up $2,89 bln....

OPEC Sixty Years Later: Reforms Needed to Grow Its Authority

The Intergovernmental Organization of Petroleum Exporting Countries (OPEC), created on September 14, 1960 at the Baghdad Conference by Iraq,...

Azerbaijan’s initiative: Tourism Organization of Turkic-Speaking States to be founded

Tourism Organization of Turkic-Speaking States will be established on Azerbaijan Tourism Association’s initiative and with support of the leading...

U.S. Embassy Presents Report on Investment Climate in Azerbaijan

Turan: The U.S. Embassy has presented a report on the investment climate in Azerbaijan. It says as follows: “The overall...

US Int’l Development Finance Corporation invested in 24 business projects in Azerbaijan

The US International Development Finance Corporation (DFC) has invested around $230 million in Azerbaijan across 24 business projects over...

Azerbaijan exceeded its OPEC+ obligations in August

Daily oil production has been 669,1 thousand barrels (with condensate) in Azerbaijan in August of this year, the Ministry...

AZAL not to resume flights on other routes until October 1

Resuming flights on the routes, existed previously, by the Azerbaijan Airways CJSC (AZAL) has not been considered until October...

General Motors vehicles to be assembled in Azerbaijan

The automobile factory is being built in Azerbaijan’s Hajigabul region with participation of a company from Uzbekistan, the Azerbaijani...

Test of transportation of Azerbaijani gas to Europe via TAP pipeline kicks off

The transportation in test mode of the natural gas extracted from Azerbaijan’s Shah Deniz-2 gas and condensate field to...