business in the East

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Matthew Bryza: Iran and West not ready to restore relations

Matthew Bryza: Iran and West not ready to restore relations

Neither Iran nor the West are ready for active restoration of economic and political relations, the former US Assistant Secretary for the South Caucasus, former US ambassador to Azerbaijan, Matthew Bryza, said in an ...

Iran without sanctions: Russia intensifies cooperation

Iran without sanctions: Russia intensifies cooperation

Russia welcomes the lifting of economic sanctions against Iran and hopes to intensify bilateral cooperation in various spheres of economy, international legal experts told Vestnik Kavkaza, commenting on Iran's implementation of the Joint …

Iranian milk goes to Russia

Iranian milk goes to Russia

Iranian milk under the brand name ‘Pegah’ will appear on the Russian market in January, the list of dairy products, which will soon be delivered from the Islamic Republic in the Russian Federation, also includes milk powder and some …

Delegations from Italy and Hungary visit Iran after 10-year break

Delegations from Italy and Hungary visit Iran after 10-year break

For the first time, after a decade in anticipation of the start of implementation of the Joint Comprehensive Action Plan (JCPOA) between Iran and the West, Iran has been visited by European delegations from Italy and Hungary, the Iranian …

 Azerbaijan bans alcohol and tobacco sales for cash

Azerbaijan bans alcohol and tobacco sales for cash

Azerbaijani President Ilham Aliyev has signed a decree on applying amendments to the Code of Administrative Offences and the Criminal Code, which stipulate a ban on the sale of alcoholic drinks and tobacco products for cash. …

Will Iranian energy resources be carried by Azerbaijani pipelines?

Will Iranian energy resources be carried by Azerbaijani pipelines?

This weekend Tehran hosted a major international conference on the conclusion of new oil and gas contracts between Iran and foreign companies. The process of lifting the sanctions against Iran will begin in the next year, and the largest oil and …

Iran announces terms of cooperation with foreign oil producers

Iran announces terms of cooperation with foreign oil producers

Iranian officials spoke today about the conditions in which foreign companies will be admitted to develop Iranian oil and gas fields after the removal of the anti-Iranian sanctions. In particular, Iran expects investment from international …

 AvtoVAZ plans to return to Azerbaijani market

AvtoVAZ plans to return to Azerbaijani market

AvtoVAZ intends to return its products to the markets of Azerbaijan, Kazakhstan, Ukraine and Belarus. "In the near future the company intends to return to the markets of Azerbaijan, Kazakhstan, Ukraine and Belarus. The …

Trade turnover between Kazakhstan and EEU decreases

Trade turnover between Kazakhstan and EEU decreases

Kazakhstan’s trade turnover with the countries of the Eurasian Economic Union dropped by 25.8%. Kazakhstan’s export to EEU countries dropped by 29%. Kazakhstan’s imports from this country fell by 24%. Russia …

Will Russia defeat US in Iran competition?

Will Russia defeat US in Iran competition?

The closure of Iran's nuclear dossier and lifting of international sanctions imposed against Iran, in fact, may lead to a new "cold" conflict between Russia and the West for the right to develop economic cooperation with Iran, the …

Microsoft to invest in Iran

Microsoft to invest in Iran

Microsoft is preparing to enter the Iranian market in the near future. The representative of Iran’s Presidential Office, Rouhollah Estiri, noted that Microsoft is expected to …

CNPC officially enters oil and gas market of Azerbaijan

CNPC officially enters oil and gas market of Azerbaijan

The China Petroleum Technology and Development Corporation (CPTDC), which is a subsidiary of the China National Petroleum Corporation (CNPC), has opened an office in Baku. According to APA, the office was registered in the Ministry of Taxes of ...