Industry

Azerbaijan reveals volume of returned or recycled products in import-export operations process

BAKU, Azerbaijan, As a result of measures to ensure food safety, veterinary and phytosanitary control in the process of import-export operations, it was decided to return or recycle 3,620 tons and 20,460 units of products, Chairman of the Food Safety Agency of the Republic of Azerbaijan (FSA) Goshgar Tahmazli said during today’s press conference, Trend […]

Industry

Azerbaijan’s CBA holds regular foreign exchange auction

BAKU, Azerbaijan, The Central Bank of Azerbaijan (CBA) held a regular currency auction involving the State Oil Fund of Azerbaijan (SOFAZ) on October 27, Trend reports referring to the CBA.   According to the bank, the demand of local banks for foreign currency amounted to $37.3 million and was fully satisfied.   The average weighted […]

Industry

Azerbaijan’s Central Bank to reveal decision on interest corridor parameters

BAKU, Azerbaijan, The decision of the Central Bank of Azerbaijan (CBA) on the parameters of the interest corridor will be revealed on October 28 at 10:30 (GMT+4), Trend reports citing CBA.   The Central Bank of Azerbaijan (CBA) decided to keep the discount rate unchanged, at the level of 7.75 percent, on September 16. The […]

Miscellaneous

Azerbaijan defines new requirements to register biologically active additives

BAKU, Azerbaijan, New requirements for the registration of biologically active additives in Azerbaijan have been defined in the law ‘On food safety’, which will come into force on January 1, 2023, the Azerbaijani Food Safety Agency’s Chairman Goshgar Tahmazli said at a press conference dedicated to the ongoing measures to ensure food security in Baku […]

Miscellaneous

Testing work at Khojasan metro station under construction in Baku kicks off

BAKU, Azerbaijan, The construction and installation work at Khojasan ground station and Khojasan electric depot of the Baku Metro has been already completed, Deputy Board Chairman of the Baku Metro CJSC Hidayat Mammadov told reporters at an exhibition dedicated to the metro’s 55th anniversary on October 27, Trend reports.   According to Mammadov, the testing […]