Overhaul of main roads continues on the main directions of Azerbaijan Railways CJSC, the company said in a message. The repair of 40 kilometers of the main track of the Alat-Osmanli-Astara rail line has been underway since March 18 as part of the International North-South Transport Corridor project. An overhaul of seven kilometers of the…
Azerbaijan and Moldova discussed possibility of expansion of trade turnover, President of Moldova Igor Dodon wrote on his Facebook page. He said that this issue became one of the topics of his meeting with Azerbaijan’s Ambassador to Moldova Qudsi Osmanov. The parties discussed a number of issues affecting bilateral relations, social programs of the Azerbaijani…
The Ganja automobile plant and the Minsk tractor plant may extend the contract for production of the “Belarus” tractors in Azerbaijan until the end of 2018, director of the Ganja automobile plant Kamran Nazarov declared. He noted that the Ganja automobile plant took part in the international exhibition Belagro 2018 in Minsk. Nazarov said at…
Azerbaijan needs to increase the yield of pomegranate, Vice-President of the Azerbaijan Export and Investment Promotion Foundation (AZPROMO) Yusif Abdullayev said at an event on June 4. “There is a potential in this area. For example, in Israel, pomegranate is grown on the territory of just 200 hectares, and the yield is more than 60,000…
Azerbaijan may introduce a unified tax on salary, Taxes Minister Mikayil Jabbarov said. This issue is being discussed as part of amendments to Azerbaijan’s Tax Code, he added. “This issue is very important for all taxpayers,” Jabbarov said. “This step is aimed at reducing the tax burden and facilitating the taxation of salaries. The unified…
A delegation of the China Export & Credit Insurance Corporation (Sinosure), headed by Executive Director Wang Yi, held a business meeting in the International Bank of Azerbaijan (IBA), the bank said in a message. As part of the meeting, Abbas Ibrahimov, acting chairman of the IBA board, spoke about the IBA’s activities, its role in…
By 2019 Azerbaijan plans to have eliminated dependence on imported butter almost completely, Samir Eyyubov, Chairman at Azerbaijan Milk and Dairy Producers and Export Association, declared. “Azerbaijan is heavily dependent on the import of butter. The state intends to resolve this issue. To this end, until the middle of 2019, two new enterprises will be…