Non-oil sector projected to become Azerbaijan's budget basis by 2029
Azerbaijan expects non-oil and gas sectors to reach 63% economic contribution next year, with further expansion targeting 70% share within several years.
Sahil Babayev
Baku: Zangezur and Middle Corridors vital for EU
Zangazur Corridor serves as vital link between Asia and Europe, the ADB governor from Azerbaijan, Azerbaijan's finance minister Sahil Babayev said, addressing the business session of ADB Governors. According to him, the …
Baku to connect Belgrade to Black Sea Energy
Azerbaijan and Serbia agreed on trade cooperation on gas and electricity. Serbia may join the Black Sea Energy project in the future.
Azerbaijan creating DOST Center in Shusha
The work has already begun to establish the DOST ('Friend') Center in Shusha city upon the instructions of Azerbaijani President Ilham Aliyev, according to Azerbaijani Minister of Labor and Social Protection of Population Sahil …
Digital welfare payment service to be launched in Azerbaijan until end of 2019
Work on the launch of digital services related to the payment of welfare, are currently underway and likely to be completed before the end of this year, Azerbaijan's Labour and Social Protection Minister Sahil Babayev …
President Aliyev signs order on new composition of Cabinet of Ministers
Azerbaijan’s President Ilham Aliyev signed an order on April 21 on the new composition of the Cabinet of Ministers, Trend reports. The members of the Cabinet of Ministers are as follows: First Deputy Prime Minister Yagub …
Sahil Babayev: "Azerbaijan plans to increase export to Russian markets"
Deputy Economy Minister of Azerbaijan on cooperation with Russia and the EU
Azerbaijan to open its first trade mission in Russia
Azerbaijan's first trade mission will be opened in Russia in the near future, the deputy head of the Ministry of Economy of Azerbaijan Sahil Babayev said at a meeting with members of the US Chamber of Commerce. …
Azerbaijan appreciates France’s efforts on Karabakh conflict settlement
Azerbaijan appreciates France’s efforts to resolve the Armenia-Azerbaijan Nagorno-Karabakh conflict and looks forward to the conflict’s soonest settlement, said Azerbaijan’s Deputy Economy Minister Sahil …
Turkey significantly increases transit cargo via Azerbaijan
The Coordinating Council for Transit of Cargo that operates in Azerbaijan has reported significantly increases in transit traffic from neighboring Turkey. In January-February 2016 more than 1,500 Turkish trucks used the Azerbaijan's …