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Azerbaijan and Uzbekistan have signed a document on cooperation in the fields of metallurgy, energy, and pharmaceuticals, Minister of Economy of Azerbaijan Mikayil Jabbarov said, Trend reports.”At the Azerbaijan-Uzbekistan business forum, attended by …

In the first half of 2023, the Central Bank of Azerbaijan held 52 auctions for the placement of notes. This is stated in the ‘Monetary Policy Review’ published by the Central Bank. The document says that at most auctions, demand exceeded supply. At th…

In January-July 2023, the trade turnover between Azerbaijan and Romania amounted to USD 467,063 000, which is 74.1% more than the corresponding period of 2022, APA-Economics reports citing the State Customs Committee.During the reporting period, the v…

Price for October of 2023 agreement on the exportation of Brent crude oil has increased by 0,81% to stand at USD 84,80 for a barrel during trade operations held in ICE London Intercontinental Exchange, APA-Economics reports.The price of the WTI brand …

The price of Azeri Light (CIF) crude oil has decreased on the world markets, APA-Economics reports.The price of a barrel of Azerbaijani oil decreased by o.16% or USD 0.14 to stand at USD 89.25.Note that the average price of a barrel of Azeri Light bra…

The consolidated revenue of Kazakhstan’s KazTransOil national company amounted to $296.2 million from January through June 2023, Trend reports.According to the data received from the company, this figure has increased by 17.6 percent year-on-year.More…

Kazakhstan has lowered the prices for the export of flour and oil, Trend reports.The value of exported goods decreased by 10.9 percent in June this year. In addition, the value of exported goods to the CIS countries decreased by 8.6 percent and to oth…

Azerbaijan and Uzbekistan discussed the possibility of increasing mutual investments, Trend reports.According to the Ministry of Economy of Azerbaijan, Deputy Minister of Economy Sahib Mammadov met with Deputy Minister of Investment, Industry, and Tra…

In 2023, Azerbaijan is facing significant inflation, with an average rate of 12%, according to a report by the international rating agency S and P Global Ratings. This high inflation has led to elevated prices for food items in Azerbaijani stores. Whi…