Azerbaijani Ministry of Economy

Azerbaijan-Russia Business Council holds meeting in Baku

Azerbaijan-Russia Business Council holds meeting in Baku

The meeting of the Azerbaijan-Russia Business Council was held in Baku on December 2. In addition to officials, the event was attended by representatives of more than 90 members of the Council - institutions and organizations working in …

Azerbaijan invites Russia to Alyat Free Economic Zone

Azerbaijan invites Russia to Alyat Free Economic Zone

The Alyat Free Economic Zone (AFEZ) in Azerbaijan is ideal for Russian companies, Azerbaijan's Deputy Minister of Economy Elnur Aliyev said at the INNOPROM International Industrial Exhibition in Yekaterinburg. Its favorable location …

Baku and Riyadh discuss cooperation in energy sector

Baku and Riyadh discuss cooperation in energy sector

The Minister of Economy of Azerbaijan held a meeting with the chief executive officer of one of the largest oil companies in the world in Saudi Arabia. The parties discussed a number of topics related to cooperation in the energy sector.

Russian and Azerbaijani economy ministers compare notes

Russian and Azerbaijani economy ministers compare notes

Azerbaijani Economy Minister Mikayil Jabbarov held a meeting with Russian Minister of Economic Development Maxim Reshetnikov in Baku. According to the Azerbaijani minister, engaging in discussions with his Russian counterpart …

Azerbaijan's GDP quadruples in last years

Azerbaijan's GDP quadruples in last years

Azerbaijan's GDP has quadrupled over the past 20 years, and budget revenues have grown more than 30 times, Azerbaijani Economy Minister Mikayil …

Azerbaijan increases exports of non-oil products

Azerbaijan increases exports of non-oil products

Azerbaijan has increased exports of non-oil products by 11%  from January through September of the current year, Azerbaijani Economy Minister Mikayil Jabbarov said. According to him, growth was recorded in all areas of the non-oil …

SOCAR and Tatneft sign roadmap for cooperation

SOCAR and Tatneft sign roadmap for cooperation

Azerbaijan's SOCAR and Russia's Tatneft have signed a roadmap for cooperation, Azerbaijani Economy Minister Mikayil Jabbarov said. “We met with Nail Maganov, the General Director of Tatneft, together with Rovshan Najaf, …

Azerbaijan increases export potential

Azerbaijan increases export potential

Azerbaijan's export potential has increased 5-6 times in recent years. Today, the necessary atmosphere has been created in the country for the inflow of investments and the implementation of socio-economic policy.

Azerbaijan finalizes field survey work in Gubadli and Zangilan

Azerbaijan finalizes field survey work in Gubadli and Zangilan

The State Service on Property Issues under the Ministry of Economy of Azerbaijan carried out field survey work on 568,462 hectares in 2022, Economy Minister Mikayil Jabbarov said. According to Jabbarov, 389,109 ha of this area fell on …