The World Bank (WB) is ready to provide technical assistance to support the strengthening of macroeconomic stability in Azerbaijan, the WB leading expert Naoko Kojo said. Kojo made the remarks during his meeting with Rufat Aslanli, chairman of Board of Directors at Azerbaijan’s Financial Market Supervisory Authority. The sides discussed the current macroeconomic situation in…
Iranian Ports and Shipping Organization officials during a visit to Baku discussed prospects of bilateral cooperation with their Azerbaijani counterparts. The Iranian delegation was led by Managing Director of Ports and Maritime Organization Jabar Jalilian, while the Azerbaijani side was represented by Rauf Valiyev, the chairman of Azerbaijan Caspian Shipping Company. The sides discussed cooperation…
The UK’s air carrier British Airways has closed down its representative office in Azerbaijan. Creditors may submit their claims within two months to: Hyatt Tower-2, 8, Izmir Street, Yasamal district, Baku, Azerbaijan. British Airways suspended flights on the London-Baku route and vice versa from May 1. The last flight on the London-Baku-London route was implemented…
Azerbaijan plans to organize an export mission to Egypt in 2016, Rufat Mammadov, head of Azerbaijan Export and Investment Promotion Foundation (AZPROMO), reported. Mammadov recalled that currently, the export mission of Azerbaijani entrepreneurs was in China, and the mission to Dubai, the UAE, would be organized until the end of 2016. “Entrepreneurs, who will visit…
The Azercosmos OJSC of the Azerbaijani Ministry of Communications and High Technologies has signed a contract to render telecommunication services to the leading international satellite operators, DCS Telecom and Don Telecom. According to the contract, the DCS Telecom and Don Telecom will use the resources of the Azerspace-1 satellite for voice services, data transmission, cellular…
The American Bureau of Shipping (ABS) classification society has started the audit of the Azerbaijan Caspian Shipping Company CJSC, the Azerbaijani company’s website said. The audit is being conducted in accordance with the international management standards, in the spheres of security, ecology, energy efficiency and labor protection. “The audit will be carried out in the…
Azerbaijan and Russia have the widest prospects for development of relations in the non-oil sphere, Chief of the Russian Presidential Directorate for Interregional Relations and Cultural Contacts with Foreign Countries Vladimir Chernov reported. “The more we get to know each other, the more new areas for the development of relations we find”, Chernov said. “If…