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…
Azerbaijan intends to expand cooperation with Iran in banking sphere, Azerbaijan’s Economy Minister Shahin Mustafayev said. The banking sphere is one of the most prospective directions for the expansion of the Azerbaijani-Iranian cooperation, the minister said. He noted that as part of the intergovernmental commission’s meeting, such structures as the Financial Market Supervisory Authority and…
Azerbaijan and Iran will discuss the second stage of implementation of the International North-South Transport Corridor, Azerbaijani Economy Minister Shahin Mustafayev said. The first stage of implementation of the North-South transportation corridor is nearly completed, said the minister. “We are already completing the construction of the railway to the Iranian border and the railway bridge…
Foundation of the Azerbaijan-Iran joint pharmaceutical plant in the Pirallahi Industrial Park will be laid in January 2017, Azerbaijani Economy Minister Shahin Mustafayev said. Iran’s Minister of Cooperatives, Labor and Social Welfare Ali Rabiei will take part in the groundbreaking ceremony of the plant which is an Azerbaijan-Iran joint enterprise, Mustafayev said. Over $30 million…
Azerbaijani entrepreneurs will pay a visit to the Iranian cities of Tabriz and Ardabil on January 14-17, 2017, the Azerbaijan Export and Investments Promotion Foundation (AZPROMO) said in a message. Meetings with Iranian entrepreneurs are planned during the visit to expand ties among the businessmen of Iran and Azerbaijan. The visit will take place under…
The State Property Issues Committee of Azerbaijan will hold the next auction on state property privatization on January 24, 2017, the committee said in a message. The auction will take place in the Auctions Center of the State Property Issues Committee of Azerbaijan. Sixty state properties – 20 joint stock companies, 17 small enterprises and…
Azerbaijan’s government plans to create almost 10,000 new jobs in the construction sector, says the Strategic Road Map for the development of housing provision at a reasonable price in the Republic of Azerbaijan. Implementation of the measures reflected in this Road Map is expected to help increase Azerbaijan’s GDP by 249 million manats until 2020,…