Day: December 14, 2022

Posted on

U.S. to add over 30 Chinese companies to trade blacklist

The Biden administration plans to place Chinese chip maker Yangtze Memory Technologies (YMTC) and 35 other Chinese firms on a trade blacklist that would prevent them from buying certain American components, Bloomberg News reported on Tuesday.

 

The U.S Department of Commerce will add the Chinese companies to a so-called Entity List as early as this week, the report said, citing a person familiar with the matter.

 

Once a company is added to the entity list, its U.S. suppliers must seek a special license to ship even low-tech items to it.

 

YMTC declined to comment, and the U.S. Department of Commerce did not immediately respond to Reuters’ request for comment outside business hours.

 

Dozens of other Chinese entities, including YMTC, were “at risk” of being added to a trade blacklist as soon as Dec. 6, a U.S. Commerce Department official said in prepared remarks seen by Reuters last month.

 

In October, 31 entities, including YMTC, were added to a list of companies that U.S. officials have been unable to inspect, ratcheting up tensions with Beijing.

 

Source: Azerbaijan State News Agency

Posted on

Italian Eurofighter warplane crashes off Sicily

An Italian Air Force Eurofighter Typhoon fighter jet crashed off the coast of Sicily, local media reported late Tuesday, according to Anadolu Agency.

 

Contact was lost with the aircraft from the 37th Wing based at Trapani Birgi Military Airport while it was beginning to approach the runway to land after a training mission, said the state-run ANSA news agency.

 

The warplane crashed about five miles southeast of the air base at the mouth of the Birgi River near the tourist center of Rocche Draele, disintegrating on impact with flaming wreckage found several hundred feet apart, it added.

 

It noted that there is a chance that the pilot may have ejected before the crash and could be alive.

 

The local fire department and search and rescue helicopters from the air force are continuing their efforts to locate the missing pilot.

 

Source: Azerbaijan State News Agency

Posted on

Young Azerbaijani table tennis players claim two golds in Moscow

Azerbaijani players have taken two gold medals at the International Table Tennis tournament among schoolchildren held in Moscow, Russia.

 

The golds came from Tunar Baghirov and Nigar Ismayilzade in the mixed doubles competition, as well as Tunar Baghirov in the individual event.

 

According to the overall result, Azerbaijan ranked 2nd.

 

Source: Azerbaijan State News Agency

Posted on

Azerbaijani President: This year, the trade turnover with Turkmenistan increased five times

“Our relations built on historical bonds create opportunities for the development of cooperation between our countries in economy, trade, transport and logistics and other areas,” said President Ilham Aliyev as he addressed the expanded meeting of the presidents of Azerbaijan, Turkiye and Turkmenistan in the city of Turkmenbashi.

 

“In January-October 2022, Azerbaijan’s trade turnover with Turkiye increased by 45 percent and reached 5 billion US dollars,” the head of state noted.

 

“Nearly 20 billion US dollars have been invested from Azerbaijan to Turkiye’s economy, and some 14 billion US dollars have been invested by Turkiye into Azerbaijan’s economy. This year, the trade turnover with Turkmenistan increased five times, marking record level to date,” President Ilham Aliyev mentioned.

 

Source: Azerbaijan State News Agency

Posted on

President Ilham Aliyev: Azerbaijan, Turkiye and Turkmenistan are closely bound to each other by ethnic, religious and cultural roots and shared moral values

“Azerbaijan, Turkiye and Turkmenistan are closely bound to each other by ethnic, religious and cultural roots and shared moral values. We are rightfully proud of the rich historical and cultural heritage of our nations and their great contributions to human civilization,” said President Ilham Aliyev as he addressed the expanded meeting of the presidents of Azerbaijan, Turkiye and Turkmenistan in the city of Turkmenbashi.

 

“The political relations of Azerbaijan with both Turkiye and Turkmenistan are at a high level. The Shusha Declaration signed with Turkiye last year elevated our relations to the level of strategic alliance. In 2017 the Declaration on Strategic Partnership was signed between Azerbaijan and Turkmenistan.

 

Our countries provide mutual support and cooperate with each other within the framework of international organizations, including the UN, Organization of Islamic Cooperation, Organization of Turkic States, OSCE and other institutions,” President Ilham Aliyev emphasized.

 

Source: Azerbaijan State News Agency

Posted on

Russian, Azerbaijani and Armenian leaders may interact on sidelines of informal CIS summit – Kremlin

Work on coordinating a trilateral meeting between Russian leader Vladimir Putin, Azerbaijani President Ilham Aliyev and Armenian Prime Minister Nikol Pashinyan is underway but they can interact on the sidelines of an informal summit of CIS leaders, Kremlin Spokesman Dmitry Peskov told reporters on Wednesday, according to TASS.

 

“You know that an informal meeting of the CIS heads of state is planned where the three [leaders] will have the opportunity to talk on the sidelines at the very least. Work is still underway for what will happen next,” he said.

 

That said, speaking of a full-fledged trilateral meeting, the Kremlin official noted that “so far, there are no specific agreements with regards to this.”

 

Source: Azerbaijan State News Agency