The Asian Development Bank (ADB) can act as a shareholder in Azerbaijani companies, the country’s Economy Minister Shahin Mustafayev said. He made the remarks in Baku on November 15, at a meeting with ADB Vice President Wencai Zhang, responsible for operations in the ADB South Asia Department and the Central and West Asia Department. During…
Azerbaijan did a great job to ensure efficiency in transit transportations, Counselor for Economic Affairs at the US Embassy Carter Wilbur said. He made the remarks on November 16, during the Azerbaijan Infrastructure, Power and Renewable Energy Investment Conference in Baku. Azerbaijan, Turkey, Kazakhstan and Georgia did a great job to improve the speed and…
President of Azerbaijan Airlines CJSC (AZAL) Jahangir Asgarov and Director General of Kuwait’s Civil Aviation Yousef Sulaiman Al Fouzan signed an intergovernmental agreement on air traffic between the two countries on November 16. By signing the intergovernmental agreement, the sides removed obstacles to open air traffic between the two countries that would contribute to further…
Burkina Faso is interested in development of mutual relations with Azerbaijan, in particular, in energy sphere, President of Burkina Faso’s parliament Salifou Diallo said. Diallo made the remarks during his meeting with Azerbaijani delegation led by the country’s Energy Minister Natig Aliyev in Burkina Faso’s capital of Ouagadougou. Azerbaijan’s state oil company SOCAR said that…
Development of the agricultural sector is the priority direction for Azerbaijan. In the nearest future, it is planned to completely provide the domestic needs in grains, and develop the export potential, the President of Azerbaijan Ilham Aliyev declared. According to him, the country does not have large-scale land areas. Therefore, Azerbaijan will rationally use every…
Azerbaijan will hold a conference to lure investments to the real estate sector, as well as to attract foreign companies to the privatization process in the country. The conference titled ‘Real Estate Sector Investment’ will be held in Baku on November 23, Shamil Shirinov, head of strategic planning, innovation, monitoring and analysis department of the…
The next auction on state property privatization will be held on December 13, the State Property Issues Committee of Azerbaijan said in a message. The auction will take place at the center for holding auctions of the State Property Issues Committee of Azerbaijan. As many as 101 state property facilities will be put up for…