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Digital banks, providing remote access to all services without physical contact, will be a key component of any evolving financial system, Tamerlan Rustamov, Head of the expert group ‘On Payment Systems and Digital Banking’ of the Azerbaijan Banks Association (ABA), told Trend. According to Rustamov, in Azerbaijan, as in countries with developed financial systems, the use […]

Georgia exported 89,991 tons of copper to China worth $164.7 million from January through April 2021, Trend reports referring to the National Statistics Office of Georgia (Geostat). In the reporting period, Georgia exported 1,018 tons of wine of fresh grapes worth $3.82 million to China. Meanwhile, 22.6 tons of medical equipment and appliances worth $5.4 million were […]

Baku Stock Exchange (BSE) will hold an auction on the placement of state medium-term bonds of Azerbaijan’s Ministry of Finance worth 10 million manat ($5.9 million) on June 8, 2021, Trend reports referring to a source in the BSE. Bonds with a face value of 100 manat ($58.8), a circulation period of 1,820 days, and a yield […]

AnadoluJet, a low-cost Turkish airline and a subsidiary of Turkish Airlines, will start to make Antalya-Baku-Antalya charter flights from June 20, Trend reports on June 6. AnadoluJet continues to expand its international flight network. As one of the important port cities, Baku annually receives many local and foreign tourists visiting the capital in connection with a trade, […]

Azerbaijan has detected 68 new COVID-19 cases, 274 patients have recovered and five patients have died, Trend reports on June 6 citing the Operational Headquarters under Azerbaijani Cabinet of Ministers. Up until now, 334,715 people have been infected with coronavirus in the country, 326,893 of them have recovered, and 4,941 people have died. Currently, 2,881 people are […]

Some 33,084 people were vaccinated against COVID-19 in Azerbaijan on June 6, Trend reports referring to the Operational Headquarters under the Azerbaijani Cabinet of Ministers. The first dose of the vaccine was injected to 29,275 citizens, and the second one to 3,809 citizens. Totally, up until now, 2,546,169 citizens have been vaccinated, 1,611,165 of whom received the […]

Total trade turnover between Turkmenistan and Canada amounted to $17.8 million in 2020, Global Affairs Canada told Trend. The message said that Canadian exports to Turkmenistan amounted to $5.4 million in 2020, while imports – $12.5 million. “Industrial machinery, equipment and various parts accounted for 70.6 percent of exports to Turkmenistan,” noted the message. Canadian Global […]

An agreement between Iran and Russia on the abolition of the visa regime will be implemented, Iranian Minister of Cultural Heritage, Tourism and Handicrafts Ali Asghar Mounesan told IRNA, Trend reports. “The abolition of visa regime for tourists between the two countries is one of the important steps. Thus, tourists will be able to travel without a […]

The European Bank for Reconstruction and Development’s (EBRD) cumulative investments in Turkmenistan since the beginning of operations stand at $350 million, the representative of EBRD Anton Usov told Trend. “The Bank’s current portfolio in the country is $85 million,” noted Usov. He also noted that the EBRD is exploring project opportunities in the banking and municipal […]