International Economic Forum kicks off in St. Petersburg
Moscow. Farid Akberov – APA-Economics. The St. Petersburg International Economic Forum (SPIEF) has kicked off. The motto for SPIEF 2016 is “Capitalizing on the New Global Economic Reality”.
14:31 16 June
EU invested $20B in Azerbaijan’s fixed capital in last decade - minister
Baku. Yegane Lachinzade - APA-Economics. EU countries invested $20 billion in Azerbaijan’s fixed capital in the last decade, which makes 45.6% of total investments in this field, Minister of Economy Shahin Mustafayev said at the second Azerbaijan-EU business forum.
12:26 18 May
Baku hosting Azerbaijan-EU business forum
Baku. Yegane Lachinzade - APA-Economics. Today, the second Azerbaijan-EU business forum has kicked off in Baku.
11:50 18 May
Azerbaijan, Dagestan intend to increase trade turnover
Baku. Yegane Lachinzade – APA-Economics. Azerbaijan and Dagestan have enough potential to develop the trade turnover, Minister of Economy Shahin Mustafayev said at the Azerbaijan-Dagestan business forum.
17:29 12 May
Azerbaijan, Iran lay foundation for railway bridge
The groundbreaking ceremony was attended by co-chairmen of Azerbaijan-Iran State Commission on economic, commercial and humanitarian spheres Azerbaijani Economic Minister Shahin Mustafayev and Iran’s Minister of Communication and Information Technologies Mahmud Vaezi, as well as officials of Azerbaijani and Iranian relevant bodies.
18:31 20 April
Date of groundbreaking ceremony of railway bridge between Azerbaijan and Iran announced
According to him, the ceremony will be attended by Javid Gurbanov, Chairman of “Azerbaijan Railways” CJSC, co-chairs of intergovernmental commission of both countries, Mahmoud Vaezi, Iran's Minister of Communications and Information Technology, and Shahin Mustafayev, Azerbaijani Economic Minister.
15:54 18 April
F1 Grand Prix to attract long-term investments in Azerbaijan, says minister
Azerbaijani Minister of Economy Shahin Mustafayev told the aforesaid in an interview to The Business year magazine, APA-Economics reported.
19:03 30 March
Minister: Decline in oil price affected Azerbaijan-Switzerland economic links
According to him, however, the trade turnover on non-oil sector increased 38%.
14:22 10 March
Azerbaijan liquidates Education Commission
President of Azerbaijan Ilham Aliyev signed on March 9 an order on cancellation of the presidential order dated 30 May 2005 on “Establishment of the Education Commission under the President of Azerbaijan”.
19:25 09 March
Azerbaijani president signs order on publishing ‘Atlas of emergencies’
The editorial staff of the atlas will be the following persons
19:01 02 March
Azerbaijani President to visit Iran on February 23
Baku. Malahat Najafova - APA. Azerbaijani President Ilham Aliyev will visit Iran on February 23, the Iranian Minister of Communication and Information, Co-chairmen of the State Commission between Azerbaijan and Iran on Economic, Trade and Humanitarian spheres Mahmud Vaezi said after meeting with Azerbaijani Minister of Economy Shahin Mustafayev, APA reports citing to IRNA.
10:12 22 February
EBRD President to visit Azerbaijan
Baku - APA-Economics. President of the European Bank for Reconstruction and Development (EBRD) Suma Chakrabarti will visit Azerbaijan in July, Economic ministry told APA-Economics.
11:54 15 February
UK government receives list of local companies illegally operating in Nagorno Karabakh
According to Ministry, Mustafayev underlined Azerbaijan’s just position on Armenia-Azerbaijan, the Nagorno Karabakh conflict at the meeting. He submitted the list of the UK companies illegally operating in Nagorno Karabakh to Francis Maude, noting that this is inadmissible and the UK government must take measures to prevent such cases.
16:24 12 February
UK does not recognizes independence of Nagorno Karabakh
According to Ministry of Economy, the meeting was co-chaired by Azerbaijani Minister of Economy Shahin Mustafayev and the UK Minister for Trade and Investment Francis Maude and attended by officials and businessmen.
12:39 12 February
Azerbaijan to increase purchase price of tobacco
According to Ministry, the meeting was also attended by the Chairman of Azerbaijan Employers Confederation (AEC) Mammad Musayev.
18:53 08 February
President Ilham Aliyev attends opening of Yeni Agdag gypsum plant
Minister of Economy Shahin Mustafayev informed the head of state of low-interest loans given by the National Entrepreneurship Assistance Fund to entrepreneurs in Baku suburbs. He said a total of 430 million manats were allocated to nearly 2220 entrepreneurs in Baku suburbs. Of this, some 286 million manats were spent to establish 86 high-technology enterprises covering a variety of production areas, including transformers, electrical devices, food industry, construction material, petrochemical industry, bread plants, sewing factory, and logistics centers. These loans contributed to the creation of more than 26,000 jobs. In Qaradagh district, 100 entrepreneurs received 78 million manats in low-interest loans, which created over 3,700 jobs.
17:01 30 January
Azerbaijani president attends conference dedicated to implementation of state program on socio-economic development of districts
Azerbaijani President Ilham Aliyev, Finance Minister Samir Sharifov, Minister of Taxes Fazil Mammadov, Minister of Economy Shahin Mustafayev, Chairman of the Central Bank of Azerbaijan Elman Rustamov, government officials and entrepreneurs are attending the conference.
10:03 26 January
Azerbaijan-UK intergovernmental commission to hold its first meeting
According to ministry’s press service, information about reform programs of Azerbaijani government was given and cooperation opportunities with the UK were discussed at the meeting.
18:58 21 January
Shahin Mustafayev: “Close links with World Bank will continue in the new economic circumstance”
According to ministry’s press service, the sides discussed current situation of the links and development principles of cooperation between Azerbaijan and WB, instability in world economy and possible impacts of negative tendencies on Azerbaijan’s economy, measures taken by the government.
18:51 21 January
Price hike in consumption market has negative impact on social situation of population – minister
According to him, the price hike in the consumption market has negatively influenced the social situation of the population.
14:15 19 January