“Azerbaijan Airlines” launches flights from Ganja to two cities of Russia – Moscow and St Petersburg. The flights will be operated weekly. The first flight of the airline on Baku-Moscow-Ganja-Moscow-Baku route will be launched on March 17. AZAL will operate flights on this route three times a week – on Mondays, Fridays and Saturdays. From…
The Baku Stock Exchange held an auction on the placement of the Azerbaijani Finance Ministry’s public bonds worth 40 million manats ($23.5 million) with a circulation period of 728 days. As many as 26 investors submitted 50 bids in the price range from 91.2 manats or $53.6 (11%) to 95.4 manats or $56.1 (8.5%) during…
The EU became the main trade partner of Azerbaijan in 2022, Peter Michalko, EU Ambassador to Azerbaijan, wrote on his Facebook page. “Just got the latest statistics: 52% of Azerbaijani foreign trade was with the EU, 65.6% of exports went to the EU market. The highest level ever,” the ambassador said. Meanwhile, the trade turnover…
Azerbaijan and Poland discussed the development of the Trans-Caspian International Transport Route (TITR, Middle Corridor), Minister of Transport and Digital Development of Azerbaijan Rashad Nabiyev tweeted. Minister Nabiyev and Polish Deputy Minister of Economic Development and Technology Grzegorz Piechowiak discussed economic cooperation issues in the transport and ICT fields. “We exchanged views on the aviation…
On July 29, the Government approved an Agreement between the Cabinet of Ministers of Ukraine and the Government of the Republic of Azerbaijan on cooperation in the field of food safety, having been concluded on January 14 in Kyiv. Under the agreement, the main areas of cooperation between the parties are as follows: – Promotion…
Azerbaijan became the main exporter of electricity to Georgia from January through November 2021, amounting to $24.5 million worth of exports. However, Georgia’s electricity imports from Azerbaijan in the reporting period of 2021 decreased by 16.9% compared to $29.5 million over the same period of 2020. Meanwhile, Russia became the second main exporter of electricity…
Increasing the energy security of Europe may be ensured by Ukrainian underground storage facilities, which should be filled with Azerbaijani gas, said Deputy Energy Minister of Ukraine Yaroslav Demchenkov. According to him, Azerbaijan is an important strategic partner of Ukraine. Moreover, energy is the main area that both states intend to develop. If Baku accepts…