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…
Georgia’s Finance Minister Lasha Khutsishvili and the Ambassador Extraordinary and Plenipotentiary of the Republic of Azerbaijan to Georgia Faig Guliyev discussed customs cooperation issues. According to Lasha Khutsishvili, a joint trilateral customs committee established between Georgia, Azerbaijan and Turkey is a unique opportunity to coordinate high-level issues in the field of customs cooperation between the…
Ukrainian President Volodymyr Zelensky has said he hopes that Azerbaijani businesses will actively participate in the privatization of state property in Ukraine. Zelensky said this at a joint press conference with President of Azerbaijan Ilham Aliyev in Kyiv. “During our meeting, we separately discussed the prospects for Azerbaijani businesses participating in privatization in Ukraine. We…
Georgia’s imports from Azerbaijan from January through November 2021 amounted to $509 million, the National Statistics Office (Geostat) reported. According to Geostat, the current figure increased by 12.7%, compared to $451.6 million over the same period of 2020. Top-5 exporting goods from Azerbaijan to Georgia were fuels and lubricants – $340.9 million, industrial supplies –…
Georgia’s exports to Azerbaijan from January through November 2021 totaled $488.3 million, the National Statistics Office (Geostat) reported. According to Geostat, the current figure increased by 22.2%, compared to the same period of 2020 ($399.6 million). Top-5 exported commodities from Georgia to Azerbaijan: transport-related equipment – $248.3 million, industrial supplies – $85.4 million, food and…
Georgian and Azerbaijani Prime Ministers Irakli Garibashvili and Ali Asadov have pledged to deepen their countries’ economic ties at the inter-governmental economic commission session held in Baku. PM Garibashvili said Azerbaijan was not only a friend and a neighbour of Georgia, but one of the main strategic partners as well. “It is a great honour…