Mechanisms to support the export of Azerbaijani products will apply only to goods produced in the non-oil sector, head of the Azerbaijan Export and Investment Promotion Foundation (AZPROMO) Rufat Mammadov reported. However, the entrepreneurs, who can benefit from these mechanisms, will face no restrictions. “Export process is quite difficult. First of all, entrepreneurs should have…Details
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Power plants of the Azerenergy JSC, Azerbaijan’s main electricity producer, generated 16.5 billion kilowatt hours of electricity in January-September as compared to 16.8 billion kilowatt hours generated in the same period of 2015. Azerenergy’s power plants produced about 1.7 billion kilowatt hours of electricity in September. In 2015, Azerenergy produced more than 22.5 billion kilowatt…Details
China has approved a list of Russian wheat, corn, rice, soy and rapeseed exporters and grain storage facilities, Russia’s Federal Service for Veterinary and Phytosanitary Oversight said in a statement. According to the document, China allowed imports from about 200 companies from the Omsk, Irkutsk, Novosibirsk, Amur, Sakhalin, Kemerovo, Zabaikalsky, Khabarovsk, Krasnoyarsk, and Primorsky regions…Details
Belavia has withdrawn its last two active Tu-154Ms from scheduled passenger service as of October 1. The type’s last regular flight was Minsk National-Gomel. The Belarus national carrier said the trijet would be used for charter flights ferrying workers to Belarus’s north. These services will continue until late December following which the aircraft will be…Details
Azersun Holding Group of Companies plans to bring the share of Azerbaijani raw materials in production at its enterprises to 40-50% this year, Abdolbari Goozal, chairman of the holding’s supervisory board, said. He also said currently the share of local raw materials in the holding’s production was about 30%. Raw materials for some kinds of…Details
Azerbaijani investors aim to build a petrochemical plant in Turkey’s eastern province of Van province’s governor Rahmi Dogan reported. Dogan said that the new plant would use modern technologies and help open more than 100 new jobs. He also noted that liquefied natural gas (LNG) and other raw materials for the plant would be delivered…Details
Customs duties on the export of hides will be introduced in Azerbaijan for 5 years, according to the decision of the country’s Cabinet of Ministers published in the Azerbaijani official press. The changes, in particular, will affect the export of cattle hides, raw hides of sheep and lambs, including fresh, salted or dried hides. In…Details