business in Caucasus

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Italian-Georgian Business Forum 2017 to be held in Italy

Italian-Georgian Business Forum 2017 to be held in Italy

Italy's Minister of Foreign Affairs and International Cooperation, Paolo Gentiloni, said the Georgian government has "worked hard” to create beneficial situation for European businesses to invest in the …

Novosibirsk businessmen interested in Georgia

Novosibirsk businessmen interested in Georgia

Business delegation, which will include representatives of seven Novosibirsk companies will arrive in Georgia on November 7. During the visit they will attend presentations, business meetings and negotiations with potential …

Pakistan eyes to multiply exports to Azerbaijan

Pakistan eyes to multiply exports to Azerbaijan

Pakistan has prepared a five-year trade cooperation plan to enhance exports to $500 million to Azerbaijan. Pakistan’s exports to Azerbaijan were $60 million, while imports stood at $31,000 in 2015-2016. The largest export product …

Shahin Mustafayev visits Georgia

Shahin Mustafayev visits Georgia

Delegation led by the Minister of Economic Development of Azerbaijan Shahin Mustafayev is on official visit to Georgia on October 27-28 to discuss prospects for economic cooperation expansion between Azerbaijan and …

Monaco businessmen to visit Baku

Monaco businessmen to visit Baku

Baku wil host Azerbaijani-Monaco business forum According to the Azerbaijan Export and Investment Promotion Foundation (AZPROMO), the event, which will take place on November 7, will be attended by entrepreneurs from Monaco, working in …

Russia and Azerbaijan establish AzRusTrans company

Russia and Azerbaijan establish AzRusTrans company

Russia and Azerbaijan have established a joint venture in the framework of the development of the international transport corridor 'North-South': the company, established by the Russian carrier 'Rusagrotrans' and the Azerbaijan …

Iranian industrial companies to hold exhibition in Baku

Iranian industrial companies to hold exhibition in Baku

Iranian companies, active in oil, gas, construction, pharmaceutical, car making and other industrial spheres will attend an exhibition in Baku, scheduled for September 19, Iran’s Trade Attaché in Baku Mohammad Ebrahim …

Baku and Beijing are increasing economic cooperation

Baku and Beijing are increasing economic cooperation

Azerbaijan invites China to cooperate with local business companies, especially in the field of industry, more actively, the Deputy Economy Minister of Azerbaijan, Niyazi Safarov, said at the meeting of the Azerbaijan-China …

 Tbilisi to host Georgian-Azerbaijani business forum

Tbilisi to host Georgian-Azerbaijani business forum

Azerbaijan’s National Confederation of Entrepreneurs’ Organizations and Georgia Employers’ Association will organize the Georgian-Azerbaijani business forum on September 29-30 in Tbilisi. The business forum will be …

 Azerbaijan to help small and medium-sized businesses

Azerbaijan to help small and medium-sized businesses

Azerbaijani Deputy Taxes Minister Ilkin Valiyev said that Income tax and value added tax (VAT) rates for small and medium-sized enterprises engaged in production will be reduced in the country. He made the remarks at a …

Russia suspends gas export to Armenia

Russia suspends gas export to Armenia

The Georgian gas distributor suspends Russian gas export to Armenia from July 10 to August 10 due to repair works in pipeline, Gazprom Armenia reports. Armenia will be supplied with gas reserves in the underground gas storehouses, APA …

US resumes Azerbaijani oil imports

US resumes Azerbaijani oil imports

The United States imported 2.1 million barrels of oil from Azerbaijan during the first four months of 2016, APA reportswith reference to the US Department of Energy (DOE).   In the same period of 2015, the US did not import oil …