Business & Economics

Baku Will Host an International Event in June

The Baku Energy Forum will be held from June 2 to 3 in the Baku Convention Center. As part of the Baku Energy Week, the forum will bring together key players in the global energy market, executives and specialists from

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Armenians Cautiously Follow the Construction of a New Road to Karabakh

Turan Agency: A new road linking Armenia with Karabakh will be commissioned in July this year. At the same time, Russian peacekeepers will transfer the city of Lachin and the village of Zabukh to Azerbaijan, and they themselves will take

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EU’s Positive Role on Regional Peace and Security

By Dr. Vugar Bayramov, Member of the Parliament of Azerbaijan The meeting between Azerbaijani President Ilham Aliyev and Armenian Prime Minister Nikol Pashinyan in Brussels, mediated by EU Council President Charles Michel, shows that Europe’s influence and influence in the

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Impacts of the Russian-Ukrainian War on the Azerbaijan Economy

By Vugar Bayramov, Member of the Parliament of Azerbaijan Major questions are followings; will the Russian-Ukrainian War have any impact on the Azerbaijani economy? What does Azerbaijan buy from these countries and what do sell to them?  In 2020, the

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Side Effects Of Sanctions Against Russia On The Economy Of  Azerbaijan

By Gubad Ibadoghlu, senior policy analyst  of the Economic Research Center The scope of sanctions against Russia is expanding, and we receive information about new sanctions every day. The country’s export potential is already subject to full or partial restrictions

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Azerbaijan Plans To Build A Power Line Through The Zangezur Corridor To Nakhchivan

Azerbaijan plans to build a power transmission line through the Zangezur corridor to Nakhchivan and from there to Turkey and Iran. Head of the state Ilham Aliyev said this in an interview with Azertaj agency on Friday. “At present, we

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TAP Provides €700,000 for Five Photovoltaic Parks in Western Macedonia, Greece

Kastoria, Greece. As part of its Social and Environmental Investment (SEI) programme, Trans Adriatic Pipeline (TAP AG) fully funded the construction of five photovoltaic parks (PV) in the Municipality of Kastoria, Western Macedonia, Greece, with a total installed capacity of 0.5MW

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Oil Market Going Through Inadequate Supply Against High Demand as Global Economy Recovers From Pandemic

US crude oil prices surpassed $90 a barrel for the first time in more than seven years, according to official data on Thursday. American benchmark West Texas Intermediate (WTI) spiked to $90.27 around 2 p.m. EDT. International benchmark Brent crude

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German Regulator Expects Decision on Nord Stream 2 Operator’s Certification After June

Berlin expects Nord Stream 2 to lodge all necessary documents Nord Stream 2 gas pipeline’s operator, Nord Stream 2 AG, is unlikely to be certified before late June, despite the fact that it has a subsidiary in Germany, President of

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Bulgargaz: We Expect Greece-Bulgaria Gas Connection to Work Without Further Delay.

Bulgargaz expects the Greece-Bulgaria gas connection to be put into operation without further delay, on July 1 at the latest, so that our country can receive the full quantities of gas agreed with Azerbaijan. This is stated in the company’s

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