manufacture in Caucasus

Azerbaijan and Türkiye intend to expand defense cooperation

Azerbaijan and Türkiye intend to expand defense cooperation

The Turkish delegation led by President of Secretariat of Defense Industries under the Presidency of Türkiye Haluk Gorgun held meetings with the Azerbaijani Minister of Defense and the Azerbaijani President in Baku on April …

Georgian FM highlights “very high” economic growth

Georgian FM highlights “very high” economic growth

Georgian Finance Minister Lasha Khutsishvili highlighted the “very high” economic growth in Georgia over the past four years. According to the minister, Georgia had experienced “double-digit” growth between …

Brand "Made in the Caucasus" to be promoted across Russia

Brand "Made in the Caucasus" to be promoted across Russia

Producers from the North Caucasus will be able to obtain the trademark "Made in the Caucasus". It will make the products recognizable and popular. Goods under the new brand will receive support in promotion in retail chains.

Iran retains its place among the world's top ten steel producers

Iran retains its place among the world's top ten steel producers

In the first half of 2022, Iran entered the top 10 countries that are the main steel producers in the world. According to the World Steel Association, Iran produced over 13.6 million tons of steel in the first six months of this year, …

Azerbaijan to launch hydrogen production

Azerbaijan to launch hydrogen production

Production of hydrogen will be launched at the Heydar Aliyev Baku Oil Refinery, Deputy Director General of the Refinery Modernization Project Emil Alkhasli told Trend. According to Alkhasli, as part of the modernization and …

Industrial production of wind power plants to begin in Georgia

Industrial production of wind power plants to begin in Georgia

Industrial production of wind power plants in Georgia is set to begin following the signing of a memorandum between the country Economy Ministry, the State Military Scientific Centre Delta and Georgian Wind Energy Association on …

Azerbaijan's non-oil exports up by 59%

Azerbaijan's non-oil exports up by 59%

Azerbaijan's exports in the non-oil sector increased by 59% in January 2022, Azerbaijani Economy Minister Mikayil Jabbarov said. He added that the country's total exports increased by 90.1%, compared to the same month …

Report: Karabakh separatism has no prospects

Report: Karabakh separatism has no prospects

In post-war period, the Armenian population of Azerbaijan living in the zone of responsibility of the Russian peacekeepers has no alternatives left to full-fledged integration into the Azerbaijani economy: the separatist regime, which has been …

Ilham Aliyev in Sumgayit: 2021 begins with victories

Ilham Aliyev in Sumgayit: 2021 begins with victories

2021 begins with victories, President of Azerbaijan Ilham Aliyev said following a groundbreaking ceremony for the Azersulfat LLC sulfuric acid production plant and Glassica CJSC glass container production plant and the inauguration of the …

Liberated Azerbaijani territories to be restored in four stages

Liberated Azerbaijani territories to be restored in four stages

A concept was prepared for the restoration and development of the Azerbaijani lands liberated from the Armenian occupation in accordance with the instruction of the President of Azerbaijan Ilham Aliyev, Azerbaijani Minister of Economy Mikayil …

Azerbaijan's tanker "Lachin" starts its first run

Azerbaijan's tanker "Lachin" starts its first run

Azerbaijan’s first national tanker 'Lachin', built at Baku Shipyard, set off for its first run today, press-service of SOCAR reported on Facebook. From Baku port the ship will depart to Georgian port Kulevi. After …

Caspian Karabakh discovery confirmed

Caspian Karabakh discovery confirmed

SOCAR and Norway’s Equinor have confirmed today a discovery of Karabagh field located 120 kilometers offshore, east of Baku, in the Azerbaijan sector of the Caspian Sea. According to SOCAR website, drilling of the first appraisal …

Georgia's textile companies ready to produce face masks

Georgia's textile companies ready to produce face masks

Georgian textile companies have expressed their readiness to start producing face masks to fill in for the deficit caused by fears of the coronavirus. Adjara Textile said that "as a highly socially responsible company" it …

China to promote Georgian tea and tobacco

China to promote Georgian tea and tobacco

Georgia and China has signed a memorandum which aims popularizing Georgian tobacco and tea, supporting business in Georgia’s Adjara. "Free Trade Agreement between the governments of Georgia and China enables the …

'Azerbaijan' ferry to be commissioned in May 2020

'Azerbaijan' ferry to be commissioned in May 2020

A ROPAX (roll-on/roll-off passenger) ferry, named Azerbaijan, will be commissioned in May 2020, head of Azerbaijan Caspian Shipping CJSC (ASCO) press service Mehman Mehdiyev said. According to him, the ferry will make …