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Daily Archives: October 6, 2014

The Brics bank is a feeble strike against dollar hegemony

If the club is to improve on Bretton Woods it will have to do better than this, writes Benn Steil The new financial institutions announced by the Brics nations in July – a development bank and an arrangement to share currency reserves – have been compared by many observers to the World …

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Cotton production suffering setbacks in Azerbaijan

Cotton production industry, once a very productive sphere in Azerbaijan is now suffering from some setbacks. Over the past 18 years, cotton production decreased by six times in the country. Moreover, the amount of acreages fell by nine times. Azerbaijan produced 2.7 million tons of cotton in 1995, while in …

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Flights en route Abu Dhabi -Baku launched

Etihad Airways, the national airline of the United Arab Emirates, has announced the launch of a four times per week service linking Abu Dhabi to Baku. The flights, which commence from October 1, 2015, will be operated using an Airbus A320 aircraft with 16 Business Class and 120 Economy Class …

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Belarus ready to share high-tech experience with Azerbaijan

Belarus has expressed readiness to share its experience in high technologies field with Azerbaijan. This was said by Belarusian Ambassador Extraordinary and Plenipotentiary Nikolay Paskevich at a meeting with Azerbaijan’s Communications and High Technologies Minister Ali Abbasov. Paskevich said high technologies parks operating in Belarus are interested in cooperating with …

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Argentina, Azerbaijan express readiness to co-op in nuclear research

Azerbaijan’s National Center for Nuclear Research and the Argentine company INVAP S.E. have called for further cooperation in the construction of nuclear reactors, Communications and High Technologies Ministry reported. The Ministry said the issue of cooperation was discussed at a meeting between the Communications and High Technologies Minister Ali Abbasov …

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Advantageous campaign from Azerbaijan Airlines

AZAL, Azerbaijan’s biggest airline and national flag carrier, has offered a special promotion “Autumn Offers” on international flights. Those who want to take advantage of the autumn campaign should be informed that the sales period within the autumn campaign is October 1 – 15, 2014 and travel period is from …

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Azerbaijan, China to cooperate in emergency management

The Azerbaijani Emergency Situations Ministry and the Chinese Ministry of Civil Affairs signed a memorandum of understanding on cooperation in the field of emergency management, The memorandum was signed following a meeting between Azerbaijani Minister of Emergency Situations Kamaladdin Heydarov and Chinese Minister of Civil Affairs Li Liguo, the Azerbaijani …

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SOCAR Takes Control over Georgian Economy

The State Oil Company of Azerbaijan (SOCAR) has taken a full control over Georgia’s fuel and natural gas market. Several weeks ago SOCAR’s monopolistic state on Georgia’s natural gas market showed clutches once again – the gas price rose at refueling stations and the price of one cubic meter of …

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