In January-June the import volumes of wheat to Azerbaijan totaled 682.8 thousand tons, down by 14.7% YoY, the State Statistical Committee of the Republic of Azerbaijan reported. According to the statistics figures, the total cost of imported wheat to the country reached $129.13 (down by 31.1%). In the reporting period Azerbaijan imported 71.4 thousand tons…
French automobile concern Renault plans to deliver cars to Azerbaijan from Russia. Renault has already started to deliver cars to Kyrgyzstan from Russia. Meanwhile, the company wants to expand opportunities to localize the production thanks to the access to new markets of the CIS (Commonwealth of Independent States), while car sales in Russia decrease against…
The Asian Development Bank (ADB) has postponed the consideration of allocating a $200 million loan for implementation of the International North-South Transportation Corridor project, as well as for development of Azerbaijan’s railway sector, till the next year, said an ADB message. Earlier, the bank’s management planned to hold the project’s overview on December 12, however,…
Moldova is interested in participation of Azerbaijani companies in development of hydrocarbon resources, Ambassador of the Republic of Moldova to Azerbaijan Gheorghe Leuca said. Leuca has met with the Caspian Energy’s delegation headed by the President and Editor-in-Chief of Caspian Energy International Media Group Natalya Aliyeva. Speaking about the energy sector of Moldova, the ambassador…
First auctions within the framework of the new state property privatization program in Azerbaijan will be held on September 14 and September 20, the country’s State Property Issues Committee said. “The main innovation is that potential investors, representatives of the press and the public will be able to watch the auction live”, said the message.…
Heads of railway administrations of Kazakhstan, Azerbaijan and Georgia have discussed mutually beneficial cooperation and creation of favorable conditions for cargo transportation with cargo shippers, major operators and freight companies of Kazakhstan in Astana, the press service of Kazakhstan Railways JSC reported. In particular, the sides talked about the reduction of tariffs for transportation of…
The Asian Development Bank (ADB) has approved of the fourth tranche worth $75 million as part of the ‘Azerbaijan: Water Supply and Sanitation Investment Program’, said a message posted on the bank’s website. According to the message, the first three tranches of the multi-tranche financing facility (MFF) financed construction of water networks in Goychay, Agdash…