Turkmenistan-Azerbaijan Joint Commission inaugurated in Ashgabat
Azerbaijan’s First Deputy Premier Yagub Eyyubov has led a delegation to Ashgabat to co-chair the meeting.
14:00 17 January
Framework agreement between Azerbaijan and EIB postponed till next year
“The parties are negotiating on the disputed items and the agreement is likely to be signed next year,” he added.
18:09 11 December
Cement prices relatively steady in Azerbaijan this year
He said the uptrend in the global market is possible to affect prices in Azerbaijan.
11:45 07 December
Azerbaijan to make final decision to increase its stake in the BSTDB
According to him, the initial discussions to increase the participating internet are positive.“The decision is subject to the official approval by the Government. We want to buy the 3% undistributed shares of the Bank,” he added.
18:36 06 December
Black Sea Trade & Development Bank and Technikabank sign an $8 million loan agreement
Mikayil Jabbarov, Azerbaijan’s Deputy Minister of Economic Development, said the BSTDB Board of Directors has lately approved a decision to make available $15 million to two Azeri banks, of which $8 million to Technikabank.
16:58 06 December
Azerbaijan will choose a consulting firm to seek contractor for household waste processing plant
Mikayil Jabbarov, Azerbaijan’s Deputy Minister of Economic Development, said after the agreement is signed the consulting firm will offer its proposals on the tender bidding within three weeks.
11:50 16 November
Next week Azerbaijan will choose a consulting firm to find an investor for second private power plant
Mikayil Jabbarov, Azerbaijan’s Deputy Minister of Economic Development, said the select commission includes representatives from the Ministries of Economic Development, Finance, and Industry and Energy.
19:24 15 November
BSTDB board meeting to be held in Baku on December 1
The meeting of the Board of Directors of Black Sea Trade and Development Bank (BSTDB) is scheduled for December 1, Baku.
18:52 15 November
Azerbaijan Investment Company, KEPCO sign a memo on private power plant near Baku
The document is to be signed by President of Azerbaijan Investment Company and Vice-President of Korea Electric Power Corporation (KEPCO).
18:11 15 November
Azerbaijan to start construction of a waste processing plant in the first half of 2008
Mikayil Jabbarov, Azerbaijan’s Deputy Minister of Economic Development, said the consulting firm will help determine the most appropriate bid for the project.
15:58 07 November
2nd Polish National Exhibition inaugurated in Baku
“Pshekrov” folklore ensemble of Poland performed after official opening ceremony. Polish Economics Minister Peter Voznyak opening the ceremony stated that exhibition which is being held at present and will be further held is inseparable part of mutual cooperation between Poland and Azerbaijan. The Minister underlined that cooperation between the two countries has been developing rapidly since two years before.
15:13 07 November
Construction of a shipyard in Azerbaijan likely to commence in 1H08
Mikayil Jabbarov, Azerbaijan’s Deputy Minister of Economic Development, said a presentation of the project will be held after the feasibility study is complete.
14:32 07 November
Baku hosts Forum of Young Leaders from CIS and Baltic States
The forum is focused on “Strategy of Future in the Post-Soviet Area”, “CIS and Baltic States: What joins us?” and “How to Fight Nationalism and Xenophobia”.
13:17 12 October
Investment Group on Sharia to have $3.5 million equity in Azerbaijan
Azerbaijan Investment Company and the Islamic Development Bank have prepared proposals on establishment of a joint investment group operating on sharia.
17:34 04 October
Black Sea Trade & Development Bank may raise its equity in late October
The Black Sea Trade & Development Bank will hold a board meeting in late October, said Mikayil Jabbarov, Deputy Minister of Economic Development of Azerbaijan.
16:01 04 October
Azerbaijan-Korea Intergovernmental Commission Working Groups meet in Baku
The meetings discussed feasibility of 40 projects through Korean investment.
19:32 28 August
Azerbaijan-Korea Business Forum takes place in Baku
Korean Deputy Minister of Commerce, Industry and Energy, Lee Jae Hoon, led a large delegation to Baku to attend the forum.
14:14 27 August
Summer school starts in Diplomatic Corps
One week summer school starts in Diplomatic Academy of Foreign Ministry. Director of training programs of Academy Fariz Ismayilzade told the APA that Hafiz Pashayev, Rector of Academy made opening speech at the event. These training organized jointly with Florence University of Italy is conducted by 11 Italian teachers. 20 representatives from Azerbaijan and 5 from Georgia and Turkey each take part in the debates.
17:29 23 July
Azerbaijani President ratifies joint Azerbaijan-Turkmenistan Commission
President Ilham Aliyev has decreed to ratify the composition of the joint Azerbaijan–Turkmenistan Intergovernmental Commission engaged in promoting cooperation in economical and humanitarian fields. President’s press service told APA Deputy Prime Minister Yagub Eyyubov became co-chair to the Commission.
12:55 21 June
Mikayil Jabbarov: It was impossible to speak of business opportunities of Azerbaijan in the US five or seven years ago
He stated that it was impossible to speak of the business opportunities of Azerbaijan in the US five or seven years ago, and US has no enough information about Azerbaijan, but Azerbaijani President Ilham Aliyev’s policy changed the situation.
15:47 02 June