Azerbaijani Ministry of Economy

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 …

Azerbaijan-Turkmenistan co-op in field of economy discussed

Azerbaijan-Turkmenistan co-op in field of economy discussed

Baku hosted the VI meeting of the Joint Intergovernmental Commission on cooperation between Azerbaijan and Turkmenistan in economic and humanitarian spheres, according to the Ministry of Economy of Azerbaijan. At the meeting, …

Hungary hopes to receive green energy from Azerbaijan

Hungary hopes to receive green energy from Azerbaijan

Hungary is planning to receive the supply of 'green' electricity from Azerbaijan, Minister of Foreign Affairs Peter Siatro said. According to him, the current situation clearly shows the importance of exploring new energy …

International Business Forum kicks off in Baku

International Business Forum kicks off in Baku

The 25th International Business Forum (IBF) organized by the Small and Medium Business Development Agency (SME) of Azerbaijan and the Association of Independent Industrialists and Entrepreneurs of Turkey (MUSIAD) has begun in Baku with the …