The next meeting of the Joint Commission on Trade and Economic Cooperation between Azerbaijan and the Swiss Federal Council will be held soon, Trend reports with reference to Azerbaijan’s Foreign Ministry April 22.

After full completion of construction, the Baku International Sea Trade Port will become the biggest port in the Caspian Sea, Tural Aliyev, advisor to director general for transportation issues of the port, said, Trend reports.

Azerbaijan’s Finance Ministry has allocated 350.8 million manats as part of the first tranche to pay compensations on problem loans to individuals in the country, Mais Piriyev, the spokesperson for the ministry, told Trend.

Azerbaijan intends to increase youth employment in the agriculture sector to contribute to the agrarian reforms implemented in the country as well as to the labor market.

After Azerbaijan regained the state independence, the government began to pay special attention to managing emissions and protecting the environment, Minister of Ecology and Natural Resources of the Republic of Azerbaijan Mukhtar Babayev said at the 4th SOCAR International Caspian and Central Asia Downstream Forum on Trading, Logistics, Refining and Petrochemicals in Baku, Trend reports.

An appeal commission for considering appeals related to the Presidential decree on additional measures in connection with solving the issue of the individuals’ problem loans has been formed under the Financial Market Supervisory Authority of Azerbaijan, Trend reports.

Azerbaijan's energy cooperation with its neighbors is not limited to oil and gas sector, but also develops in renewables.

TITAN GROUP, Azerbaijan’s major manufacturer of industrial goods, will soon enter the domestic market with new products in the refrigeration segment, the company told Trend.

Gold and silver prices increased in Azerbaijan on April 22 compared to the prices on April 19, Trend reports citing the data published by the country’s Central Bank.

Official exchange rate of the US dollar and euro against Azerbaijani manat for April 22 was set at 1.7 and 1.9105 manats respectively.

Azerbaijan is an important node in New Silk Road, Charles Stevens, the founder of The New Silk Road Project (www.thenewsilkroadproject.com), told Trend.

The weekly turnover at the Baku Stock Exchange (BSE) on April 15-19 amounted to 299.3 million manats, Trend reports referring to the stock exchange.

The price of one ounce of gold decreased by 22.831 manats or 1.04 percent last week in Azerbaijan, Trend reports.

Official exchange rate of the Azerbaijani manat against the US dollar, set by the Central Bank of Azerbaijan (CBA), remained unchanged this week (April 15-19), Trend reports.

Azerbaijan found itself one place higher and came in 67th in the Startup Ecosystem Rankings 2019 published by StartupBlink, the world’s most comprehensive map and research center of startup ecosystems, Trend reports.

Azerbaijan has achieved great progress in implementation of reforms, US Ambassador to Azerbaijan Earle Litzenberger told reporters on the sidelines of the Alumni Fair educational exhibition in Baku, Trend reports on April 20.

State budget revenues of Azerbaijan amounted to 5,439,700 manats in January-March 2019, which is 19.2 percent or 876,300 manats more than the same period last year, Trend reports referring to the Ministry of Finance.

Iran and Azerbaijan have always been interested in developing economic relations, including mutual cooperation in various areas, especially in automotive industry, which is on the upgrade in Azerbaijan.

The payment of compensations for problem loans in Azerbaijan will begin on April 22, 2019, Trend reports referring to a joint statement by the Ministry of Finance and the Financial Market Supervisory Authority (FIMSA).

Azerbaijan found itself one place higher and came in 67th in the Startup Ecosystem Rankings 2019 published by StartupBlink, the world’s most comprehensive map and research center of startup ecosystems, Trend reports.

Trade turnover between Azerbaijan and Georgia amounted to $272.5 million in the first quarter of 2019.

Chairman of the State Customs Committee of Azerbaijan (SCC), Customs Service Lieutenant-General Safar Mehdiyev met with the Iranian delegation headed by the Iranian Minister of Industry, Mine and Trade Reza Rahmani, Trend reports referring to the committee.

Buses of Iranian-Azerbaijani production are provided for both the local market and exports, Chairman of the Board of AzerMash OJSC Emin Akhundov said, Trend reports April 19.

The discussions were held with the representatives of Azerigaz Production Union, Azerishiq OJSC and the Azerbaijan Energy Regulatory Agency in the country’s Energy Ministry to rapidly solve the problems and consider the complaints concerning the supply of gas and electricity to the country’s citizens, Trend reports referring to the Azerbaijani Ministry of Energy on April 19.

On April 18, the Caspian Policy Center (Washington D.C.) and the Heritage Foundation co-sponsored an event on structural economic reforms in Azerbaijan, which featured a speech by Dr. Emin Huseynov. Dr. Huseynov, who had previously served as Deputy Minister of Finance of Azerbaijan, was recently appointed to the office of the economic aide to the First Vice President of Azerbaijan, Trend reports with