Minister: Azerbaijan invested $3.4B in Georgia
According to ministry, Mustafayev noted that the two countries have signed more than 100 documents, including 50 about economic field: Nearly 280 Georgian companies registered in Azerbaijan, more than 200 Azerbaijani companies in Georgia. Georgia invested $72 million in Azerbaijan’s economy, Azerbaijan invested $3.4 billion in Georgia. Azerbaijan has been ranking at 1st for volume of investments for several years”.
12:20 14 June
President Ilham Aliyev offers condolences over death of Energy Minister Natig Aliyev
Azerbaijan’s President Ilham Aliyev has offered his condolences over the death of the country’s Energy Minister Natig Aliyev.
17:36 09 June
Minister: Azerbaijan’s currency reserves reach $39B
According to him, in four months 2017 the non-oil industry grew 2.8%, agriculture – 3.2%, trade turnover – 11.5%, export – 41%, non-oil export – 23%: “Currency reserves increased $1.3 billino to $39 billion. As of April 1, 2017 the currency reserves exceeded external debt by 3.2-fold. Azerbaijan has ranked 37th in the Global Competitiveness Report 2016-2017 among 138 countries, 1st among CIS countries”.
13:09 08 June
Manat finding its place - minister
According to him, as a result of these measures, manat rate stabilized: “Our national currency is finding its place (rate)”.
10:54 08 June
Deputy PM: Trade turnover between Belarus and Azerbaijan increased 16.4% this year
“You often visit Belarus and these visits are very productive. Today, Azerbaijan Trade House was opened in Belarus and we assess it as the next result”, the Deputy Prime Minister said at the meeting with Azerbaijani delegation led by Economic Minister Shahin Mustafayev.
17:45 26 May
Minister: The volume of non-oil exports is not at the desired level
"Until 2025, the volume of non-oil export per capita is planned to be increased to at least 450 dollars in Azerbaijan. It means growth of more than three times. To successfully implement these plans, the country's economy must have a strong and competitive non-oil sector," said Economy Minister Shahin Mustafayev at the republican conference of non-oil exporters in Yevlakh, APA-Economics reports.
06:40 18 April
President Ilham Aliyev views Aran Regional Development Center in Yevlakh
President of the Republic of Azerbaijan Ilham Aliyev has viewed the Aran Regional Development Center as part of his visit to Yevlakh district.
10:07 17 April
Artificial price hike to be prevented - minister
According to him, monitoring in the consumer market extended: “Of course artificial price hike will be prevented”.
14:05 14 April
Trial of Azerbaijani ministry’s ex-official postponed again
The Baku Court of Grave Crimes on Wednesday continued the trial in the criminal case involving Vidadi Zeynalov, head of the Office of the Ministry of Communications and High Technologies of Azerbaijan, and others arrested alongside him.
12:49 12 April
Azerbaijan, Kazakhstan sign several documents
An expanded meeting of President of the Republic of Azerbaijan Ilham Aliyev and President of the Republic of Kazakhstan Nursultan Nazarbayev has been followed by the signing of Azerbaijan-Kazakhstan documents.
14:16 03 April
Trial of Azerbaijani MNS ex-officials continues - UPDATED
An Azerbaijani court resumed the trial in the criminal case involving former heads of department of the liquidated Ministry of National Security (MNS) Subahir Gurbanov, Teymur Guliyev, Natavan Mirvatova, other officials Fuzuli Aliyev, Zaur Mammadov, Natiq Aliyev, Farhad Atayev, Anar Shiraliyev, Eshqin Aliyev, and Elshad Azizov on Thursday.
19:33 30 March
Commission for the Regulation and Coordination of Labor Relations established in Azerbaijan
Azerbaijani President Ilham Aliyev signed a decree on the establishment of the Commission on the regulation and coordination of labor relations.
02:19 18 March
Poroshenko expresses his support to Azerbaijan’s territorial integrity
The sides stressed importance of cooperation in shipbuilding, aircraft production, pharmacology and agriculture, as well as expansion of cooperation in economic sphere.
11:23 15 March
Trial proceeds for Azerbaijani ministry’s ex-official
The Baku Court of Grave Crimes on Wednesday continued the trial in the criminal case involving Vidadi Zeynalov, head of the Office of the Ministry of Communications and High Technologies of Azerbaijan, and other people arrested alongside him.
14:31 01 March
Azerbaijan, Qatar sign documents - UPDATED
Qatari Minister of Culture and Sports Salah bin Ghanem bin Nasser Al Ali and Azerbaijan`s Minister of Foreign Affairs Elmar Mammadyarov signed “The Memorandum of Understanding on Cooperation between the Government of the Republic of Azerbaijan and the Government of the State of Qatar in the Field of Culture”.
17:46 27 February
Armenians completely destroyed Khudaferin village – minister
According to him, this project shows that in spite of aggressive Armenia’s efforts, the international law and justice supports Azerbaijan’s position: “Despite these territories are under occupation, Azerbaijan economically operates. Armenia’s aggressive policy does not yield result and Azerbaijan carries out its sovereign rights on these territories”.
16:47 25 February
Ambassador: Hungary sees Southern Gas Corridor as priority - INTERVIEW
Q. This year Azerbaijan and Hungary celebrate the 25th anniversary of the establishment of diplomatic relations. These countries also enjoy a strategic partnership. How do you asses the current state of relations between the two countries?
12:20 22 February
Projects implemented by Azerbaijan, Turkey and Georgia to be completed timely - minister
"Azerbaijani people and leadership critically condemn the coup attempt in Turkey on July 15 and unconditionally support the government elected by the people of the fraternal country, Azerbaijani Minister of Economy Shahin Mustafayev said at the fifth Turkey-Azerbaijan-Georgia business forum held in Istanbul.
13:25 17 February
President Ilham Aliyev attends conference on development of Azerbaijani districts
A conference, dedicated to the results of third year implementation of "The State Program on socio-economic development of the districts of the Republic of Azerbaijan in 2014-2018", was held in Baku Jan. 30.
10:02 30 January
TANAP construction 60 percent completed, TAP-30 percent
The ‘Southern Gas Corridor’ project, being implemented on the initiative of Azerbaijan, will make a valuable contribution to strengthening energy security in Europe, Minister of Economy Shahin Mustafayev said in his article published by Azerbaijan newspaper.
10:18 24 December