As many as 78 state enterprises and facilities will be put up for privatization of the State Property Issues Committee of Azerbaijan on November 22, the message of the committee said. The enterprises operate in the fields of cotton growing, agricultural chemistry, transport, construction and others. These enterprises are located both in Baku and in…
Belarus and Russia’s Yaroslavl region have agreed to advance relations in manufacturing cooperation, road construction and pharmaceutics, the press service of the Embassy of Belarus in Russia reported. A Belarusian delegation led by Industry Minister Vitaly Vovk visited Yaroslavl region on October 20. The delegation included representatives of government agencies, industrial enterprises and their distributors…
A.M. Best, the world’s oldest and most authoritative insurance rating and information source, has affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Rating of “bbb-” of AzRe Reinsurance OJSC, the sole domestic reinsurer in Azerbaijan. The outlook of these Credit Ratings (ratings) remains stable, according to the service’s message. “The ratings…
More than 1.50 million tons of raw cotton have been collected in Turkmenistan, the Turkmen government said in a message. According to the message, the total area of land allotted for cotton is 545,000 hectares. The country’s farmers continue to pick cotton and the picked cotton is delivered to the cotton processing enterprises. Cotton is…
Forty-five water reservoirs in Kazakhstan are in a dangerous condition and require repairs, Kazakh Agriculture Ministry has said. In total there are 309 water reservoirs in Kazakhstan. The state owns 83 of them. Regional municipalities own 191 reservoirs and 35 reservoirs are privately owned. The biggest reservoirs in Kazakhstan are Bukhtarma reservoir in the east…
The forecasts say that the real GDP growth in Kyrgyzstan will be 2.9% in 2017, country’s Prime Minister Sooronbay Jeenbekov has said. The Prime Minister noted that the risks which could affect the GDP growth in 2017 were instability of the global economy, dependence of the economy on world prices for gold and energy resources,…
Azerbaijan’s Prime Minister Artur Rasizade has met President of Venezuela Nicolas Maduro. Rasizade said Azerbaijani-Venezuelan relations were at a good level, adding that both countries supported each other within international organizations. The Prime Minister said there was good potential for boosting economic ties between the two countries and stressed the importance of increasing efforts for…