Hungary invests 2 bln in Azerbaijan
The two nations have been linked by a strategic partnership since 2023
economy news
Armenias trade turnover with EAEU countries to decline by over 55
Implementing measures to suspend the application of EAEU Treaty provisions with respect to Armenia would have a direct impact on the country’s trade and economic relations
Moscow, Ankara support compliance with WTO rules
The diplomats "condemned unlawful trade restrictions and advocated for compliance with World Trade Organization rules"
Armenian parliament discusses normalization of relations with Türkiye
Armenian students will have the opportunity to study in Türkiye
IRGC strikes tanker carrying 2 mln barrels of oil
The vessel reportedly hit a naval mine, causing a large fire
This is a deal for the whole world - Trump on agreement with Russia on diesel fuel
US leader Donald Trump and Russian leader Vladimir Putin discussed the export of Russian petroleum products during a phone call
Bill on digital lari submitted to parliament
The bill stipulates that the digital lari will be an unconditional liability of the National Bank
Russia's annual inflation reaches 7,17 percent
The year-on-year inflation figure "may be adjusted following the release of Rosstat's September data on October 9
Kazakhstan to be able to recover assets illegally exported abroad
Members of Parliament adopted the document on September 23
Baku remains committed to good-neighborly relations with CIS Countries, Bayramov says
The diplomat noted that amidst constant escalation, adherence to the fundamental norms and principles of international law is becoming particularly important
Gold futures price falls below 4,100 per ounce
Despite the local correction, gold is trading near record highs
Freight traffic on Azerbaijan Railways up 11 percent this year
The company reports that 20% more cargo was transported along the East-West corridor this year, while freight traffic on the North-South corridor increased by 26%
Türkiye develops its own satellite communication system
Astralink will feature its own proprietary signal format and chips
Armenia will find no better gas terms anywhere, Russian Foreign Ministry says
"If they do manage to find anything, it will be loans that increase Armenia's debt burden, which, given the republic's current level of public debt, is already substantial, to put it mildly,” Kalugin said
Azerbaijani Foreign Minister, new Georgian ambassador meet in Baku
The parties discussed the current state and prospects of bilateral relations
Baku plans to lay second fiber-optic cable across Caspian Sea
The AzerTelecom CEO noted that given current demand growth rates, scalability and channel capacity are not the only factors that matter
Tbilisi, New Delhi seek to develop trade cooperation
The cooperation in tourism, culture and education was also discussed
Russia's three-year budget draft resilient to any economic scenario
The head of the Finance Ministry emphasized that the base price of Urals crude will fall from $59 per barrel this year to $50 over the upcoming three-year period
Construction of Georgian section of East-West Highway continues
The highway has currently been built over approximately 325 km
US says implementation of Armenia critical minerals memorandum has begun
The memorandum on rare earth metals and critical minerals was formally signed during a meeting between Armenian Foreign Minister Ararat Mirzoyan and US Secretary of State Marco Rubio
