The Central Bank of Azerbaijan (CBA) held a new foreign exchange auction with the participation of the State Oil Fund of Azerbaijan (SOFAZ) on June 14, 2021, Trend reports referring to a source in the CBA. According to the source, the demand from banks at the auction decreased by 1 percent compared to the previous indicator and […]
Zangezur corridor to increase region’s transit, logistics potential – Azerbaijani minister
In accordance with the new reality that has emerged after the liberation of Azerbaijani territories from Armenian occupation, the Zangezur corridor, which connects the main part of Azerbaijan with the Nakhchivan Autonomous Republic, will increase the region’s transit and logistics potential, Minister of Economy of Azerbaijan Mikayil Jabbarov wrote on Twitter, Trend reports. According to […]
Trade turnover between Russia’s Ulyanovsk region, Turkmenistan increases
The trade turnover between Russia’s Ulyanovsk region and Turkmenistan amounted to $3.3 million in 2020, the press service of the governor and the government of the Ulyanovsk region told Trend. The import of cotton amounted to $1.2 million, the report said. “In 2019, the trade turnover amounted to $403,700, including exports – $60,100, imports – $343,600,” […]
Oil prices jump on world markets
Oil prices have increased on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil rose $0,41 to trade at $73,08, while the price of Light crude oil at the NYMEX (New York Mercantile Exchange) increased $0,38 to stand at $71,27. Source: Azerbaijan State News Agency
Zangazur corridor will increase region’s transit and logistics potential, Economy Minister
“As a result of the liberation of the occupied territories and in line with new realities Zangazur corridor between mainland of Azerbaijan and Nakhchivan Autonomous Republic will increase region’s transit and logistics potential,” said Azerbaijan’s Minister of Economy Mikayil Jabbarov on Twitter. “The realization of this potential will lead to the creation of new transport […]
Exchange of prisoners of war and mine maps is an important humanitarian step – Kastutis Jankauskas
Baku/14.06.21/Turan: The exchange of prisoners of war and mine maps between Azerbaijan and Armenia is an important event, head of the EU delegation to Azerbaijan, Kastutis Jankauskas declared the conference in video format on Monday.”We welcome this ev…