Non-oil sector to reach 82 percent of Azerbaijan's GDP by 2030
Azerbaijan's Economy Ministry has forecast further growth for the non‑oil and gas sector, projecting its share of GDP will reach 82% by 2030.
Mikayil Jabbarov
Azerbaijan and Turkmenistan sign protocol on cooperation in key areas
Following the regular meeting of the joint Azerbaijan-Turkmenistan intergovernmental commission in Ashgabat, the parties signed a protocol to strengthen cooperation across a wide range of areas.
Tatarstan and Azerbaijan discuss implementation of joint projects
Azerbaijan's Minister of Economy Mikayil Jabbarov held a meeting with a delegation led by Deputy Prime Minister and Minister of Industry and Trade of Russia's Tatarstan Oleg Korobchenko, the Azerbaijani Ministry of Economy reported.
Israeli Foreign Minister anticipates Baku visit
Israeli Foreign Minister Gideon Sa'ar has confirmed his upcoming diplomatic visit to Baku through a social media announcement.
Azerbaijan and Pakistan agree to encourage mutual investments
On the sidelines of the ECO summit in Khankendi, Azerbaijan's Minister of Economy met with Pakistan's Minister of Foreign Affairs. The main topic of their conversation was mutual investments and prospects for cooperation.
Baku and Riyadh discuss economic cooperation
Mikayil Jabbarov and a delegation from Saudi Arabia had a meeting in Baku. The parties discussed the development of investment ties.
Uzbekistan to open textile plant in Khankendi
Textile production will begin in Khankendi, Azerbaijan. The enterprise will be opened by an investor from Uzbekistan.
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.
Azerbaijani Minister of Economy meets with Nabiullina and Manturov in Moscow
The Minister of Economy of Azerbaijan arrived in Moscow. There, Mikayil Jabbarov met with the Head of the Central Bank and Deputy Prime Minister. Information about the negotiations was published by the press services of the Central Bank of the Russian Federation and the Russian Cabinet of Ministers.
Azerbaijan to develop tourism and shipbuilding together with St. Petersburg
The Azerbaijani authorities held a meeting with the head of St. Petersburg, where they discussed the development of bilateral ties. During the negotiations, the topics of promoting joint tourism and shipbuilding were raised.
Türkiye to restore Karabakh for $3.4 billion
Azerbaijan signed documents with Türkiye on construction work in the Karabakh and East Zangezur economic regions. $3.4 billion will be allocated for these purposes for Turkish construction companies .
Azerbaijan to transport electricity from Central Asia
The Government of the Republic of Azerbaijan plans to develop the transportation of electricity from Kazakhstan and Uzbekistan.
Azerbaijan and Israel discuss exports increase
The head of the Ministry of Economy of Azerbaijan has had an online meeting with the head of the Israeli Ministry of Agriculture today.
Baku, Doha discuss prospects for cooperation in economy
Minister of Economy of Azerbaijan Mikayil Jabbarov met with Prime Minister, Minister of Internal Affairs of Qatar Khalid bin Khalifa bin Abdul Aziz Al Thani, the Azerbaijani minister wrote on his social networks. According to the …
Azerbaijan and Turkmenistan to expand trade and economic cooperation
President of Turkmenistan Serdar Berdimuhamedov met with Minister of Economy of Azerbaijan Mikayil Jabbarov in Ashgabat. The parties discussed the development of trade and economic cooperation, covering such areas as …
Azerbaijan appoints new president of Wrestling Federation
Azerbaijani Economy Minister Mikayil Jabbarov has been elected as new president of Azerbaijan Wrestling Federation. Minister of Youth and Sports Farid Gayibov, speaking at the election event, greeted the participants of the meeting and …
Azerbaijan and Russia’s Astrakhan sign action program to develop co-op (PHOTO)
Azerbaijan and Russia have signed an action program to develop cooperation, according to Minister of Economy of Azerbaijan Mikayil Jabbarov's message on Twitter. "We signed an action program to develop cooperation between the …
Turkish companies step into Azerbaijan's mining industry
The liberation of the once occupied lands restored the control over vast ore and gold deposits in the Karabakh region
Mikayil Jabbarov: "Azerbaijan planning to expand bilateral trade with Israel"
Azerbaijan's Economy on relations with Israel in various spheres
Mikayil Jabbarov expects economy bouncing back after Covid-19 slump, war
Azerbaijan sees economic growth rebounding this year as it emerges from a Covid-19-induced slump and the war with neighboring Armenia that restored its control over formerly occupied territories, Economy Minister Mikayil Jabbarov said, Bloomberg writes in the article Azerbaijan Sees Economy Bouncing Back After Covid-19 Slump, War. Gross domestic product is forecast to increase by 3.4% after contracting 4.3% in 2020, Jabbarov said in an interview Tuesday. “Our projections for 2021 are more optimistic than those of” the International Monetary Fund and the World Bank, he said
