Investors who put their funds in Azerbaijan in accordance with the Build-Operate-Transfer (BOT) model have been exempt from the state duties. The corresponding amendments to the law “On state duty” were approved by Azerbaijani MPs at the plenary session of the country’s parliament October 14. In accordance with the BOT model provided by the law…
Azerbaijan and Iran intend to cooperate in protection and quarantine of plants. An agreement on this was recommended at a meeting of Azerbaijani Parliament’s Agrarian Policy Committee on October 14. Eldar Ibrahimov, chairman of the committee, said that given Azerbaijan’s neighborhood with Iran, it was very important to establish control over the import of vegetables…
In January-July Azerbaijan imported wheat from Kazakhstan valued at $3.2 million, or 73% of the general volume of Kazakh exports to the country, the Minister of Industry and Energy of Azerbaijan Natig Aliyev declared. Kazakhstan is the strategic partner of Azerbaijan in the issue of food security. Azerbaijan is a regular customer of Kazakh wheat,…
Turkey is ready to produce low-orbit (LEO) and gestational (GEO) satellites for Azerbaijan, as soon as the operating time of Azersky and Azerspace-1 spacecrafts expires, the Minister of Transport, Maritime and Communications of Turkey Ahmet Arslan said. Arslan said that as a part of state-owned Turkish Aerospace Industry (TAI) there was a center of testing…
The Southern Gas Corridor is an excellent example of a new source of energy for Europe, Vice-President of EU Commission in charge of Energy Union Maros Sefcovic said. The Southern Gas Corridor is one of the priority energy projects for the EU. It envisages the transportation of 10 billion cubic meters of Azerbaijani gas from…
Poland’s rail operator PKP LHS has become a member of the Coordination Committee of the Trans-Caspian International Transport Route (TCITR), Azerbaijan Caspian Shipping CJSC reported. Another meeting of the Coordination Committee was held in Astana. “The creation of a union of legal entities of the Coordination Committee, the signing of the agreement on the establishment…
The Transport Corridor Europe-Caucasus-Asia (TRACECA) transported some 229.5 million passengers through Azerbaijan’s territory in January-August 2016, up by 2.2 percent% YoY, Azerbaijan’s State Statistics Committee reported. Meanwhile, some 33.24 million tons of cargo were transported via the TRACECA through Azerbaijan’s territory during the reporting period, down by 6.6% YoY. Some 64.1% (21.3 million tons) of…