business in Caucasus

Baku to host German-Azerbaijani business forum

The German-Azerbaijani Chamber of Commerce (AHK Azerbaijan) will organize the German-Azerbaijani Business Forum “Energy and ICT in Azerbaijan” in Baku on October 9 with support of the German Eastern Business Association (Ost-Ausschuss …

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Azerbaijani oil prices increase

The price of the AZERI LT CIF oil amounted to $76.40 per barrel today, an increase of $0.22, novosti.az reported. At the same time, September Brent crude futures fell 25 cents (0.3%) to $74.72 a barrel by 0654 GMT after rising nearly 1% …

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Azerbaijan Business Center opens in Russia's Astrakhan

The opening ceremony of the Azerbaijan Business Center, initiated by the Heydar Aliyev Foundation, was held in Russia's Astrakhan today.   The opening ceremony was attended by Vice-President of the Heydar Aliyev Foundation …

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Arab businessmen ready to invest in Azerbaijan

The first Azerbaijani-Arab investment and business forum will be held in Baku on May 1-3, 2018, a source in business circles said. The forum will be organized by the Association for Cooperation of Azerbaijan and Arab Countries. …

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Israel-Georgia trade turnover to reach $1 billion

Trade turnover between Georgia and Israel will reach $1 billion over the course of the next five years, Georgia’s Economy Minister Dimitry Kumsishvili said at the meeting with the Minister of Economy and Industry of Israel, …

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Georgia's external trade increases by 16% this year

Georgia's external merchandise trade amounted to $1 683.5 million in January-February 2018, excluding non-declared trade (16.3% higher year-on-year), according to GeoStat. The exports equaled $446.4 million (25.5% higher), …

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Turkey widens free trade agreement with Georgia

Georgia and Turkey have agreed to widen an existing free trade agreement, so Georgian producers will soon be able to increase export volume to Turkey by 20%. The final round of negotiations was held Ankara, where delegations of …

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