BAKU, Azerbaijan, The peak of inflation in Kazakhstan will be recorded in January and February 2023, Trend reports, referring to the forecast of Renaissance Capital investment banking company. Renaissance Capital is one of the leading investment banks in emerging frontiers with a special focus on Russia & CIS, Central & Eastern Europe, Africa, and […]
Day: February 18, 2023
4 EU countries setting up working group for project to boost Azerbaijani gas imports
BAKU, Azerbaijan, Four EU countries are setting up a working group for the project to boost Azerbaijani gas imports, Slovakian Ministry of Economy told Trend. Slovakia, Hungary, Romania and Bulgaria have asked the European Commission to allocate funds for developing infrastructure to get additional natural gas from Azerbaijan. It is about developing the existing […]
Kyrgyzstan-Uzbekistan trade turnover increases
BAKU, Azerbaijan, The value of trade turnover between Kyrgyzstan and Uzbekistan amounted to $599 million from January through December 2022, which is an increase of 20 percent over 2021 ($496 million), Trend reports via the State Statistical Committee of Kyrgyzstan. Exports from Kyrgyzstan to Uzbekistan in the reporting period made up $236 million, increasing […]
Azerbaijan sees increase in number of tourists coming from Central Asia
BAKU, Azerbaijan, As many as 73,823 tourists from Central Asian countries visited Azerbaijan in 2022, which is 4.75 times more than in 2021 (15,516), Trend reports via Azerbaijan’s State Tourism Agency. According to the agency, the number of visitors from Kazakhstan amounted to 30,350 people (an increase of 4.3 times per year), Turkmenistan – […]
Azerbaijani oil prices drop
BAKU, Azerbaijan, The price of Azeri LT CIF Augusta totaled $85.34 per barrel on February 17, decreasing by $2.14 compared to the previous price, Trend reports referring to the source from the country’s oil and gas market. The price of Azeri LT FOB Ceyhan amounted to $83.51 per barrel, down by $2.3 as compared […]