Azerbaijani oil prices increase

BAKU, Azerbaijan, The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, increased by $1.93 on September 2 compared to the previous price, amounting to $97.53 per barrel, Trend reports referring to the source from the country’s oil and gas market.   The price of Azeri LT FOB Ceyhan on September […]


Indicator of President Ilham Aliyev’s growing authority – Cernobbio International Forum’s summary

BAKU, Azerbaijan, Azerbaijani President Ilham Aliyev made a working visit to Italy on September 1-2, Trend reports.   Azerbaijan’s economic and political ties with Italy, which is the most important member of the European Union, are successfully developing, and this visit also contributed to the further expansion of bilateral ties.   As part of the […]


Azerbaijan, Iran, Russia to hold trilateral meeting

BAKU, Azerbaijan, Azerbaijan, Iran and Russia will hold a trilateral meeting next week, Trend reports citing Iranian media.   The issue was discussed at a joint meeting between Iranian Ambassador to Azerbaijan Abbas Mousavi and Deputy Prime Minister of Azerbaijan Shahin Mustafayev.   The upcoming trilateral meeting between the officials of the three countries on […]


Weekly review of Azerbaijan’s foreign exchange market

BAKU, Azerbaijan, The official exchange rate of the Azerbaijani manat against the US dollar, set by the Central Bank of Azerbaijan Republic (CBA), remained unchanged this week, Trend reports.   The average weighted rate based on the results of the week was 1.7 AZN/1 USD. The official exchange rate of the manat against the euro […]


Azerbaijan, Poland explore ways of expanding economic co-op

BAKU, Azerbaijan, There are ample opportunities for establishing links between Azerbaijan’s Economic Zones Development Agency and the relevant Polish agencies, as well as for arranging business forums and meetings, Deputy Economy Minister Sahib Mammadov said at a meeting with Ambassador of the Republic of Poland to the Republic of Azerbaijan Rafal Poborski, Trend reports referring […]