Traffic through Strait of Hormuz falls to four vessels a day
According to Reuters, traffic through the Strait of Hormuz has fallen to four vessels, down from about 16 per day previously.
trade
Beijing opposes Washington's anti-Russian sanctions
Beijing does not support restrictive measures adopted without UN Security Council approval, the Chinese Embassy in the US said, commenting on reports of "hellish" sanctions against Russia.
Ozon opens warehouse in Uzbekistan
Ozon’s logistics complex in Uzbekistan will enable sellers to utilize fulfillment services—specifically, the storage and delivery of goods.
About 98 percent of Russia-SCO trade conducted in national currencies
The share of settlements in national currencies in Russia’s trade with Shanghai Cooperation Organization (SCO) countries has reached 98%, Russian Ambassador to China Igor Morgulov said.
Fruit and vegetable exports earn Azerbaijan 640 million dollars
Fruit and vegetable exports from Azerbaijan this year reached $640 million, accounting for 3% of the country's total exports.
Normalization of Baku-Yerevan relations to strengthen regional stability - Moody's
According to Moody's, a sustained normalisation of relations between Baku and Yerevan will create new trade conditions and strengthen stability in the South Caucasus.
Beijing names Baku key Belt and Road partner
Azerbaijan is a key partner of China in the joint construction of the Belt and Road Initiative, Chinese Ambassador to Azerbaijan Lu Mei said at an event dedicated to the 20th anniversary of China Southern Airlines' office in Baku.
Russia and Turkey sign memorandum on fertilizer supplies
Russia's Agriculture Ministry and Turkey's Agriculture and Forestry Ministry have signed a memorandum of understanding on mineral fertilizer supplies.
Share of Armenian business in Russia announced
The share of Armenian‑owned businesses in Russia stands at 2.6% of total foreign‑owned entities, with significant growth recorded in recent years.
Pashinyan: First deal to supply goods from Armenia to Azerbaijan concluded
Azerbaijan has signed its first deal to purchase goods from Armenia, Nikol Pashinyan announced.
Armenia has no plans to abandon Russian market
Armenia does not intend to abandon the Russian market and is actively working with its Russian colleagues, Armenian Minister of Economy Gevorg Papoyan said.
EU introduces temporary measures to liberalize trade with Armenia
The Council of the European Union announced that it agreed to introduce temporary trade-liberalization measures for Armenian products to support Armenia's economy in light of trade restrictions imposed by Russia, the Council said in a communique.
China preparing alternative trade route with Russia - report
China and Russia are reportedly weighing the possibility of turning a vast river into an inland cargo route to the rest of the world, South China Morning Post reported.
Ankara and Damascus discuss investment in Syria
Ömer Bolat held talks with Syria's investment head on the potential for Turkish investment in the country.
Russian wheat, timber transported to Armenia via Azerbaijan
Azerbaijan also shipped 20,000 tons of gasoline and diesel to Armenia
Azerbaijan, Georgia increase trade by 44
Trade with Georgia accounted for approximately 2% of Azerbaijan's total foreign trade turnover
Gold price hits three-month high
Gold prices hit their highest level in more than three months on Tuesday as continued conflict in the Middle East and ongoing political uncertainty fuelled the latest rally in the precious metal.
Azerbaijan increases cotton exports by 30 percent
Cotton fibre and yarn exports generated nearly $170 million for Azerbaijan this year.
Azerbaijan's foreign trade volume announced
Azerbaijan's foreign trade with other countries totalled approximately $29 billion this year, with Italy as its largest trading partner.
Azerbaijan and Uzbekistan set ambitious trade goals
Azerbaijan and Uzbekistan plan to boost mutual trade 3.2-fold compared with 2025 to $1 billion by 2030.
