An auction on the placement of short-term notes with the total amount of five million mantas of Azerbaijan’s Central Bank was held at the Baku Stock Exchange (BSE). The bonds’ maturity is 27 days, according to the BSE. Applications worth about 3.51 million manats were submitted by two investors. The applications were within the price…
Azerbaijan is holding negotiations to create pharmaceutical plants jointly with Turkish and Ukrainian companies, Shahin Mustafayev, Azerbaijani economy minister and chairman of the country’s Tariff (price) Council, said. Mustafayev noted that currently those Turkish and Ukrainian companies were preparing business plans and documents on technical justification of their projects. “Meanwhile, work is being carried out…
Asef Namazov, a member of the Supervisory Council of the Bank Respublika OJSC, has been appointed chairman of the bank’s Executive Board, the bank said in a message. On this post, Namazov succeeded Khadija Hasanova, who has become a member of the Supervisory Council of the Bank Respublika OJSC. Bank Respublika has been operating in…
Habil Mammadov and Sarkhan Mammadov have been appointed heads of new departments at the Azerbaijani Ministry of Taxes, says a message on the ministry’s website. Habil Mammadov was appointed the director general of the Special Revenues Department and Sarkhan Mammadov was appointed the director general of the Baku City Department for work with small entrepreneurs.…
The first Azerbaijani shop selling the country’s national products will open in Belarus in 2017, said Gennady Ahramovich, ambassador of the Republic of Belarus to Azerbaijan. “Opening of Azerbaijani trading houses in Belarus is mulled actively. I think we can consider the supplies of Azerbaijani tobacco, cotton, wine, cognac and other products”, said Ahramovich. The…
Belarus is interested in processing Azerbaijani oil at its refineries, Gennady Ahramovich, Belarusian ambassador to Azerbaijan, said. He said that this year Azerbaijan very timely delivered 85,000 tons of oil, which made it possible not to interrupt the production cycle of the Mozyr refinery. “Belarus has two refineries – one in Mozyr city and one…
Azerbaijan and Belarus are working to increase the export of vehicles and agricultural machinery, produced at the Ganja Automobile Plant, to the third parties, Gennady Ahramovich, Belarusian ambassador to Azerbaijan, said. He added that the industrial cooperation was promising and reached up to 20% of the trade turnover between Azerbaijan and Belarus. “I would like…