Moscow, Riyadh, Astana confirm their commitment to reduce oil production
The commitment was confirmed by representatives of the three countries
Economy
Stavropol to grow bananas
Ambitious farmers also plan to harvest mangoes and avocados by 2026
Putin: Russia is Kazakhstan's major economic partner
Russia and Kazakhstan have succeeded in taking bilateral trade to new impressive levels, achieving the record benchmark of $28 billion last year, Russian President Vladimir Putin said in an article for the Kazakhstanskaya …
Turkey and Russia may pay for gas in national currencies
Turkey and Russia continue trade in national currencies and they can similarly pay for gas, a source in banking consulting in Ankara said when asked to comment on the situation with U.S. sanctions on Gazprombank, TASS reported. …
Russia discusses oil market with Iraq and Saudi Arabia
During his trip to Baghdad, the Russian Deputy Prime Minister met with the Iraqi and Saudi Arabian Ministers of Energy. The meeting focused on the situation on the oil market
Dagestan and Uzbekistan to produce unique sensors
A sensor manufacturing plant has opened in Uzbekistan, using the technologies of the Dagestan company Domalogika as a basis.
Türkiye seeks exemptions from US sanctions for Russian gas
US sanctions against Gazprombank may leave Türkiye without Russian gas. The Turkish authorities are seeking exemptions from these restrictions to continue using the Russian bank for gas payments.
Akkuyu NPP to help making Turkey energy independent
Turkey is moving towards the goal of complete energy independence and one of the steps in this direction will be the commissioning of the Akkuyu nuclear power …
Azerbaijan to plant fruit orchards in Dagestan
Azerbaijan's company ISFA has signed a cooperation agreement with the Dagestan branch of the Russian Agricultural Center, the Azerbaijani Ministry of …
EU preparing 15th package of anti-Russian sanctions
The European Union plans to blacklist about 50 individuals and 30 entities under its 15th package of sanctions on …
Ruslan Edelgeriev on sidelines of COP29: Azerbaijan and Russia developing climate project on border river Samur
The implementation of a climate project on the border river Samur became possible due to the existing agreement between Azerbaijan and Russia regarding the flow of the Samur River, Russia's presidential aide and special representative …
Russia and Iran say goodbye to dollar in mutual trade
Moscow and Tehran are no longer using the dollar in mutual trade transactions and have shifted to national currencies thanks to previously signed agreements between the two countries in the financial sector, Governor of the Iranian Central Bank …
Putin appoints special representative for development of North-South ITC
The President of Russia has appointed Deputy Prime Minister Vitaly Savelyev as his special representative for the development of the North-South international transport corridor.
Kazakhstan sees sharp decline in oil production
Kazakhstan has seen a sharp decline in oil production, which has fallen by millions of tons. According to the Kazakh Minister of Energy, this is due to major repairs at the Tengiz and Kashagan fields.
Kazakhstan plans to increase oil supplies to Baku
Kazakhstan considers Azerbaijan an important participant in oil transit. The republic plans to increase the volume of supplies via Baku to Tbilisi. Astana has also expressed interest in developing the Baku-Supsa oil branch.
Cotton leads in Azerbaijan's non-oil exports in 2024
Experts named which goods formed the basis of Azerbaijan's non-oil exports in 2024. The country's main income came from the sale of cotton.
Kazakhstan may discuss Rosatom’s participation in NPP construction
Kazakhstan is ready to discuss with the Russian delegation Rosatom’s potential participation in the construction of a nuclear power plant (NPP) in the republic during Russian President Vladimir Putin’s state visit to Astana on …
First export train heads from Baku to China
The first container train carrying export goods from Azerbaijan to China departed from Baku, Azerbaijan Railways reported. The 62-countainer train will deliver the cargo multimodally via Kazakhstan to Xi'an Port, one of China's …
Chechnya to host investment forum
Chechnya is organizing the forum "Grozny – City of Opportunities". The event is aimed at developing the investment potential of the republic.
COP29 in Baku ends with $300 billion financial target
At COP29, the "Baku Financing Target" was announced. Its goal is to mobilize $300 billion for developing countries by 2035.
