As many as 50 inspections of business activities were carried out in Azerbaijan in January-September, while the figure was 50,000 for the first nine months of last year, the country’s Economy Minister Shahin Mustafayev reported. “Recently, Azerbaijan’s President Ilham Aliyev has taken very significant steps to promote entrepreneurship, support local production and promote non-oil exports”,…
DetailsAzerbaijan and Iraq have discussed opportunities for carrying out regular passenger and cargo flights. The discussion took place as a delegation of Iraqi aviation administration visited Azerbaijan State Civil Aviation Administration. The delegation also familiarized themselves with the activity of the Heydar Aliyev International Airport. (Azertac/Business World Magazine)
DetailsAccording to Ukrainian ministry of agrarian policy a lot of work is being done on strengthening of trade relationships with China. Currently it is planned to enlarge the list of agro commodities exported to China and to open Chinese market for Ukrainian berries and sunflower meal. It should be noted, that trade volumes in oilseed…
DetailsAccording to the official statistics figures, in September Ukraine exported nearly 15.2 thousand tons of high-oleic sunflower oil, up 3 times MoM (4.8 thousand tons), and up 16 times YoY (954 tons). In September the Netherlands (42%), India (26%), the United Arab Emirates (14%) and Saudi Arabia (10%) became the largest foreign buyers of the…
DetailsThe Framework Agreement on technical and financial cooperation has been signed on October 8, between the Cabinet of Ministers of Ukraine and the government of the Kingdom of Norway, First Deputy Minister for Economic Development and Trade Yulia Kovaliv has stated. “Norway has been supporting Ukraine on the international arena for a long time, and…
DetailsAs of October 17, winter crops had been sown at 5307 thousand ha, or72% of the forecast area – 7374 thousand ha. This included 4804 thousand ha of winter wheat and triticale (77% from the planned 6198 thousand ha), 140 thousand ha of rye (95% of 147 thousand ha), 364 thousand ha of barley (35%…
DetailsIn January-September in Ukraine the average selling prices of agricultural enterprises for agricultural products increased by 8.6% YoY, the press-service of the State Statistics Service of Ukraine declared. In particular, in the reporting period the average prices for plant growing commodities grew by 20.6%, and the prices for livestock commodities dropped by 0.5%. In September…
DetailsAlternative and renewable energy sources won’t be able to completely replace the traditional ones, Azerbaijan’s Energy Minister Natig Aliyev said, according to the message of the country’s Ministry of Energy. “Despite the work done in this sphere, the share of renewable energy on Azerbaijan’s energy balance is not so high for now, and it’s necessary…
DetailsAs many as 62 projects by Azerbaijan’s entrepreneurs have received an investment promotion document worth 787 million manats since April, the country’s Economy Minister Shahin Mustafayev said. The minister said that currently nine projects worth 55 million manats were also being considered. “The implementation of these projects will make it possible to open over 5,000…
DetailsIn the season-2015/2016 the processing volumes of soybeans at oil in Ukraine increased to 1.15 million tons, as opposed to 1 million tons in 2014/2015 MY (up by 14%), due to modernization of the existing processing lines, and increasing of the production capacities through launching of a new large factory of LLC Katerynopilsky Elevator at…
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