Azerbaijan's Sumgait Technology Park (STP) has carried out major deliveries of fire-resistant halogen-free cables to Kazakhstan, STP told Trend Aug. 10.

Tajikistan is very interested in close cooperation with Azerbaijan in the production and further export of aluminium, the Minister of Economic Development and Trade of Tajikistan Nematullo Hikmatullozoda said Aug. 10.

SOCAR Turkey Enerji (the Turkish subsidiary of the Azerbaijani state oil company SOCAR) studies and evaluates new opportunities for investment within its activity, head of the company’s external relations department Murat LeCompte told Trend on August 9.

The prices for precious metals have decreased in Azerbaijan August 10, according to the data published by the country’s Central Bank.

After a currency auction of the Central Bank of Azerbaijan (CBA) held on Aug. 9 with participation of the State Oil Fund, the average rate of the Azerbaijani manat to the US dollar was formed at 1.7 AZN/USD, the CBA said in a statement.

Following the expanded meeting, a ceremony of signing Azerbaijan-Tajikistan documents was held in the presence of President of the Republic of Azerbaijan Ilham Aliyev and President of the Republic of Tajikistan Emomali Rahmon.

Likinskiy Bus Plant (LiAZ) intends to arrange the supply of buses to Azerbaijan, Corporate Sales Development Director of GAZ Group Nikolay Odintsov said in an interview with the official website of the government of the Moscow Region.

An auction for placement of 30 million manats worth medium-term bonds of Azerbaijan’s Ministry of Finance will be held at the Baku Stock Exchange (BSE) Aug. 14, the BSE said Aug. 9.

During the first half of 2018 Call Center representatives responded to 93 percent of 2,302,000 incoming calls

The State Customs Committee (SCC) of Azerbaijan transferred 1.94 billion manats to the state budget in January-July 2018, which is 32.2 percent higher than in the same period in 2017, the SCC said in a statement Aug. 9.

Official exchange rate of the US dollar and euro against Azerbaijani manat was set at 1.7 and 1.9580 manats respectively for August 10.

Prices for consumer goods and service tariffs in Azerbaijan have increased by 2.8 percent in January-July 2018 compared to the same period in 2017, the State Statistics Committee said in a statement Aug. 9.

Official exchange rate of Azerbaijan’s national currency, the manat, against the US dollar was set at 1.7 AZN/USD for August 10, the Central Bank of Azerbaijan (CBA) said Aug. 9.

By Naila Huseynli

The State Customs Committee of Azerbaijan does not exclude the revision of a number of duties in order to support small and medium-sized enterprises (SMEs), Chairman of the Committee Safar Mehdiyev told Trend.

A total of 180,000 trucks are commuting between Iran and Azerbaijan, which is a sign of high trade exchange between the two nations.

Mohammad Torabi, the head of Iran’s operational zone at the Caspian Sea, hopes that Tehran and Baku could boost their cooperation over the exploration and development of hydrocarbon reserves in the sea.

Russia's Magnitogorsk Iron and Steel Works (MMK) PJSC intends to supply metal to Turkey via the international transport route Baku-Tbilisi-Kars, the company said in a message.

There have been changes in the Supervisory Board of Azerbaijan Credit Bureau LLC, the company said on its official webpage Aug. 9.

The prices for precious metals except for palladium have increased in Azerbaijan August 9, according to the data published by the country’s Central Bank.

There are no preconditions for fluctuations of the manat rate in Azerbaijan today, expert, economist, Doctor of Economic Sciences Muslum Ibrahimov told Trend.

The Association of Women Entrepreneurs of Azerbaijan plans to expand the cooperation with similar organizations in various states in the territory of the former Soviet Union, Chairwoman of the Association's Board Sakina Babayeva told Trend.

Official exchange rate of the US dollar and euro against Azerbaijani manat was set at 1.7 and 1.9726 manats respectively for August 9.

The first stage of the work on the International North–South Transport Corridor has been completed, and the part of the corridor in the territory of Azerbaijan is ready for full operation, Javid Gurbanov said at a meeting with Alan Lushnikov Deputy of Transport Minister of the Russian Federation.

Kazakhstan has offered Azerbaijan, Turkey and Kyrgyzstan to join the introduction of the Silk Road visa intended for tourists, Kazinform reported on August 8.