Market

Three countries have signed the Charter of the Economic Cooperation Organization (ECO) Research Centre to be established in Baku, ECO Secretary General Ambassador Khusrav Noziri said in an exclusive interview with Trend.

“The proposal on the estab…

The GDP growth rate in Azerbaijan is expected to be 2.4% or 118.4 billion manats in the base scenario in 2024, the Finance Ministry of the country noted, APA reports.According to the Ministry, compared to the base scenario, the real growth in the opti…

The Board of the National Bank of Kyrgyzstan decided to keep the discount rate (key rate) at 13 percent. Official representative of the National Bank of the Kyrgyz Republic Aida Karabaeva announced at a press conference.According to her, the National B…

President of the State Oil Company of the Republic of Azerbaijan (SOCAR) Rovshan Najaf met with the World Bank Regional Director for Energy and Infrastructure in Europe and Central Asia Charles Cormier on October 31, 2023, Trend reports.The sides expre…

«It is important for the countries of the Eurasian Economic Union to continue strengthening technological sovereignty and a common industrial base in key sectors of the economy,» Russian Prime Minister Mikhail Mishustin said at a meeting of the CIS Cou…

BAKU: The European Bank for Reconstruction and Development (EBRD) is financing the construction of a 240 MW wind power plant in eastern Azerbaijan, a source at the bank told Trend.This project is expected to be the first utility-scale wind power projec…

On October 24 in Samarkand, Uzbekistan, USAID Administrator Samantha Power chaired the C5+1 Regional Connectivity Ministerial with the governments of Kazakhstan, the Kyrgyz Republic, Tajikistan, Turkmenistan, and Uzbekistan. During the ministerial, Adm…

Production from the Absheron gas-condensate field, situated in the Azerbaijani sector of the Caspian Sea, will amount to 707 million cubic meters of natural gas in 2023, APA-Economics reports citing Fitch Ratings international rating agency.According …

The volume of the e-commerce market of Kyrgyzstan reached $200-300 million this year. The World Bank expert Yaroslav Eferin said at e-Commerce EXPO 2023 Forum.According to him, the e-commerce market is huge and it will grow. Global online sales in 202…