Participation of the International Bank of Azerbaijan (IBA) in the annual banking and financial conference and exhibition Sibos in Geneva aroused interest of the visitors. This year the IBA joined this leading global event for the international financial community for the first time. The IBA’s stand was placed in the center of the exhibition hall…Details
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In January-August fish and seafood products worth $77 million were imported from Norway to Ukraine, which makes 78% of total imports from Norway. According to acting State Fiscal Service Deputy Head Myroslav Prodan, there are no systemic problems with the customs valuation of fish and seafood products from Norway, and thus the positive trend is…Details
During several recent seasons, Kazakhstan demonstrated significant differences in the grain harvest volumes per year. However, even in bad harvest years grain production volumes were enough to completely meet the country’s domestic and export requirements, the Director of the Grain Processors and Bakers Union of Kazakhstan Evgeny Gan declared. He said that previously wheat covered…Details
The prolongation of a freeze of the accumulative part of Russian pension savings into 2017 will mean abolishment of this system, which is a bad sign for the market and citizens, and the Economic Development Ministry offers a partial unfreeze of the pensions, Deputy Minister Oleg Fomichyov announced. The government froze the accumulative part of…Details
FESCO Transportation Group and Rusagro Group have signed an Agreement of intent to arrange a special-purpose technology based on the Vladivostok Commercial Sea Port (part of FESCO Group) infrastructure to handle export agricultural products, FESCO says in a press release. The agreement is intended to optimize the supply logistics of Rusagro goods to the Asia…Details
Bulgaria is interested in exporting a wide range of products to Azerbaijan, Bojidar Loukarsky, Bulgarian minister of economy, said. He added that the issue was pharmaceutical products and medical equipment, clothing, food and other agricultural products, building constructions, as well as the construction of mini-plants for vegetable and fruit processing, etc. “Bulgaria is greatly interested…Details
Azerbaijan appreciates Bulgaria’s constructive stance regarding prevention of any unlawful acts, including attraction of the Bulgarian capital and resources to Azerbaijan’s occupied territories, the country’s Minister of Transport Ziya Mammadov said. “This year, the Foreign Ministry of Azerbaijan has submitted a report on the illegal economic and other activities in the occupied territories of Azerbaijan…Details