Azerbaijan invites Iranian entrepreneurs to actively cooperate with local businessmen, said Azerbaijan’s Deputy Economy Minister Sahib Mammadov. Mammadov made the remarks during the Azerbaijani-Iranian business meeting in Baku. The meeting, organized by Azerbaijan Export and Investments Promotion Foundation (AZPROMO), was attended by more than 80 local and Iranian businessmen. Azerbaijani deputy minister said that Azerbaijan…
Belarus and Georgia intend to increase their trade up to $200 million in 2017. Deputy Prime Minister of Belarus Mikhail Rusy made the statement after the national expo of Belarus in Georgia. Mikhail Rusy noted: “The heads of state have given instructions to reach the trade turnover of $200 million by late 2017. It is…
Norway’s oilfield services company Enhanced Drilling has opened a new workshop and office facility in Baku. The new workshop is located at Salyan Highway 22nd km and features 2,355 square metres of space. The new workshop is three times the size of the facility formerly occupied by Enhanced Drilling in Baku, and features a 15-ton…
Belarus is due to host an investment forum in Minsk on September 29-30. Entitled “Broadening the Horizons: Investment, Finance, Development”, the forum will focus on innovations, inflow of foreign direct investments (FDI), and protection of intellectual property rights. The major goal of the forum is to discuss relevant aspects of investment cooperation and attract the…
As of August 1, Belarus’ external state debt totaled $13.3 billion, up by $847 million or by 6.8% since the beginning of the year (taking into account differences in currency exchange rates), representatives of the Belarusian Finance Ministry said. In January-July external state borrowings totaled $1.3 billion, including $800 million borrowed from the Eurasian Fund…
Turkmenistan and Germany signed an agreement on avoidance of double taxation with respect to income and property taxes in Berlin. The signing ceremony took place as a part of the two-day working visit of Turkmen President Gurbanguly Berdimuhamedov to Germany on August 29-30. Turkmengas State Concern also signed the memorandums of understanding with such companies…
Azerbaijan invites Chinese companies to intensify cooperation with local businesses, in particular, in industrial sphere, Chinese media reported citing Azerbaijan’s Deputy Economy Minister Niyazi Safarov. Safarov made the remarks at a session of the Azerbaijan-China Intergovernmental Commission on Trade and Economic Cooperation. Safarov said that Chinese companies participated in Azerbaijan’s 12 projects worth over $640…