Due to predominantly below-normal temperatures, winter crops faced bad weather conditions for their growth and development in October. In most of the country, the accumulated sum of effective degree-days was lower than in October 2015 when winter crops were also exposed to warmth shortages. Winter crops stopped active growth one or two weeks ahead of…
The 26th meeting of the Trade and Transport Facilitation (TTF) Project Steering Committee of the GUAM Organization for Democracy and Economic Development will be held in Azerbaijan, the country’s State Customs Committee said in a message. The decision was made during the 25th meeting of the committee in the city of Lviv, Ukraine. At the…
Azerbaijan’s Financial Market Supervisory Authority has presented a map of bank branches and offices in top tourism destinations in the country. Besides Baku, the map also covers main tourism regions of Azerbaijan – Ganja, Guba, Gabala and Shaki. The bank branches that operate around-the-clock and on weekends are highlighted on the map. The map was…
A meeting between the Azerbaijan Caspian Shipping CJSC and a delegation of Iran’s Ports and Maritime Organization was held in Baku. During the meeting, the sides noted necessity to develop cooperation in navigation. Jabbar Jalilian, head of the Iranian delegation, expressed confidence in the capacity to implement joint projects with the Azerbaijani company. The parties…
Trade turnover between Azerbaijan and China increased by 56% YoY in the nine months of 2016, Azerbaijani Economy Minister Shahin Mustafayev said. He made the remarks during a meeting with Chinese businessmen in Baku. Azerbaijan is interested in further development of relations with China, the minister noted. He added that there was a big potential…
ATB units are not allowed to sail within water area of Big Port St. Petersburg from November 21 under the order of Port Harbour Master Aleksandr Volkov. The decision was made amid deterioration of ice situation, subzero temperatures and ice forecasts for the water area of Big Port St. Petersburg. (Portnews/Business World Magazine)
The World Bank (WB) is ready to provide technical assistance to support the strengthening of macroeconomic stability in Azerbaijan, the WB leading expert Naoko Kojo said. Kojo made the remarks during his meeting with Rufat Aslanli, chairman of Board of Directors at Azerbaijan’s Financial Market Supervisory Authority. The sides discussed the current macroeconomic situation in…