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…
China’s petrochemical company Xinjiang Beiken Energy Engineering Stock Co., Ltd has opened its office in Azerbaijan. The company registered its office through the “single window” system of the Ministry of Taxes. The Chinese company’s official representative in Azerbaijan is an Australian citizen Gao Yang. Xinjiang Beiken Energy Engineering Stock Co., Ltd is based in Karamay,…
Azerbaijan’s sole reinsurance company AzRe Reinsurance OJSC plans to increase its authorized capital by 25%, to 50 million manats (AZN), the message of Azerbaijan’s Financial Market Supervisory Body said. The supervisory body registered the issue of ordinary nominal book-entry shares of the reinsurance company at face value of 25,000 manats in 2000. The issue placement…
Azerbaijan enjoys great reputation around the world, President Ilham Aliyev said, addressing the opening ceremony of the 5th Baku International Humanitarian Forum. “Next month we will mark the 25th anniversary of restoration of our independence”, Aliyev said, adding that most of the years during this 25-year period had been the years of progress and development.…
Belarus plans to sign an agreement with the Export-Import Bank of China to promote Chinese direct investments to the tune of about $5 billion, Belarus’ Economy Minister Vladimir Zinovsky reported. “During this visit (the state visit of Belarus President Alexander Lukashenko to the People’s Republic of China on September 28-30) a loan agreement with the…
Ukraine, that lost three places in the Global Competitiveness Index (GCI) published by the World Economic Forum a year ago, has fallen six places more and was 85th among 138 countries. Ukraine had low scores in the following areas: financial market development (130th), institutions (129th), macroeconomic environment (128th), goods market efficiency (108th) and business sophistication…
The results of a survey of agrarians of Ukraine conducted by the Ukrainian Agribusiness Club (UCAB), showed a significant improvement relative to August 2015 of the business climate in Ukraine agriculture, the press service of the UCAB reports. “In August for the first time since the introduction of ABI, the business climate in Ukraine’s agriculture…