Relations between Azerbaijan and Iran have never been at such a high level as now, said Azerbaijan’s Economy Minister Shahin Mustafayev. Mustafayev made the remarks on August 6, at a meeting dedicated to laying foundation for a joint car plant with Iran’s Minister of Industry, Mine and Trade Mohammad Reza Nematzadeh. He said Iran’s investments…
GM Uzbekistan, an Uzbek-US automobile maker, shipped the first batch of Ravon R2 automobiles to Kazakhstan, the press service of the company said. The second batch of Ravon R2 cars was also sent to Russia. Soon, the company plans to ship the first batch of NexiaR3 cars to Russia. Nexia R3 became the first model…
ERU Trading (a subsidiary of Energy Resources of Ukraine) jointly with Poland’s national oil and gas company PGNiG have started natural gas supplies from Poland to Ukraine, ERU Trading has said. “ERU Trading and PGNiG made first natural gas supplies from Poland to Ukraine to industrial consumers on the domestic market”, the company’s press service…
A delegation of Korea Telecom led by Vice President Mr. Baek-hee Lee paid a visit to the free industrial zone Navoi. During the meeting the current state and prospects of cooperation in investment spheres were discussed. Korea Telecom is one of the leading companies in Korea introducing universal telephone and communication services. (UzDaily/Business World Magazine)
A groundbreaking ceremony for construction of a joint Azerbaijani-Iranian car plant was held on August 6, in Azerbaijan’s Neftchala industrial quarter. The plant is a joint project of Azerbaijan’s AzEuroCar LLC and Iran’s giant automaker Iran Khodro. Azerbaijan’s Economy Minister Shahin Mustafayev and Iran’s Minister of Industry, Mine and Trade Mohammad Reza Nematzadeh participated in…
Belarus Petroleum Company (BelOil) has redirected part of its export routes from Ukrainian ports to Lithuania’s Klaipeda, a source in the profile ministry said. The redirection is connected with more favorable logistic conditions. Belarus Petroleum Company (BelOil) was founded in May 2007. The main shareholder is Belorusneft (52% of shares), with Naftan and Mozyr refineries…
In January-June Belarusian Railways increased the volume of container transportation in the Chinese direction 2.5 times YoY, Alexander Yevsyuk, First Deputy Head of the Freight Operations and Foreign Economic Operations Service of Belarusian Railways, reported. “The Chinese direction is the most promising transit one. We participate in the implementation of the Chinese initiative aimed at…