Industry

Azerbaijani oil prices decrease

BAKU, Azerbaijan, The price of Azeri LT CIF Augusta decreased by $5 on December 6 compared to the previous price, amounting to $82.09 per barrel, Trend reports referring to the source from the country’s oil and gas market.   The price of Azeri LT FOB Ceyhan amounted to $79.21 per barrel, down by $5 as […]

Industry

Switzerland, Germany and EU to aid Kyrgyzstan in transition to green economy

BAKU, Azerbaijan, Switzerland, Germany and EU intend to support sustainable economic development of Kyrgyzstan by supporting the transition towards an inclusive green economy, a source in the Embassy of Switzerland in Kyrgyzstan told Trend.   The Swiss Development Cooperation (SDC), the German Ministry for Economic Cooperation and Development (BMZ), and the EU intend to co-finance […]

Miscellaneous

World Bank supports green development of Azerbaijan

BAKU, Azerbaijan, The World Bank (WB) supports green development and the sustainable future of Azerbaijan, said Country Manager for the World Bank in Azerbaijan Sarah Michael during the presentation of the “Azerbaijan: Towards Green Growth”, Trend reports.   According to her, this report focuses on the long-term growth prospects of the country’s economy and recommendations […]

Industry

Deputy minister talks WB’s investments in Azerbaijani projects

BAKU, Azerbaijan, The World Bank (WB) jointly with Azerbaijan has implemented 49 projects worth $3.2 billion to date, said Deputy Minister of Economy of Azerbaijan Samad Bashirli during the presentation of the “Azerbaijan: Towards Green Growth” report of the World Bank, Trend reports.   According to him, there are three WB projects that are at […]

Miscellaneous

Azerbaijan may freeze assets of mass destruction weapon distributors

BAKU, Azerbaijan, Assets of distributors of mass destruction weapons may be frozen in Azerbaijan, Trend reports.   This issue was reflected in a bill ‘On targeted financial sanctions’ put up for discussion at a joint meeting of the Azerbaijani Parliament’s committees on defense, security and combating corruption and the Committee on Economic Policy, Industry and […]