DOUBLE TAXATION GRADUALLY ABOLISHED

19.08.2003 [16:01]
Preliminary discussions of the draft agreement between governments of Azerbaijan and the United Arab Emirates on abolishment of double taxation, suppression of income and property taxes evasion.
Specialists of the ...

NEW LAW ON BANKS DRAFTED

19.08.2003 [15:05]
The draft law “On Banks” has been worked out to adjust activity of Azerbaijan Banking System.
According to Ali Alirzayev, the Deputy Chairman of the Milli Majlis’s Permanent Commission for ...

INCREASE AZERBAIJANI OIL PRODUCTION

19.08.2003 [13:18]
According to the State Statistics Committee, Oil production in Azerbaijan in the first seven months of 2003 was up 1.6% year-on-year to 8.973 million tonnes. The Azerbaijan International Operating ...

DRILLING OF NEW PRODUCTION WELL TO START SOON

19.08.2003 [11:18]
Drilling of a new 2300-m. production well is expected to start on the contracted site of South Western Gobustan. According to information from the company, the well will be ...

SYMPOSIUM TO BE HELD IN CHINA

18.08.2003 [14:09]
As AzerTaj correspondent was informed by Ambassador of the People’s Republic of China to Azerbaijan Mr. Zhang Guoigang, a symposium is to be held in Beijing aimed at development of ...

ISRAEL SPECIALISTS VISITED GANJA

18.08.2003 [14:08]
Second Secretary of the Israeli Embassy in Baku Fin Kelschtein and cattle breeding specialist of the Ministry of Agriculture of Israel Meori Rosen paid a two-day visit to Ganja.
The ...

TRADE UNIONS EXPANDING INTERNATIONAL RELATIONS

18.08.2003 [14:07]
Chairman of Trade Unions Confederation of Azerbaijan, a Milli Majlis (Parliament) member Sattar Mehbaliyev, met with a delegation of the General Organization of Egyptian salesmen trade unions.
At the meeting, ...

GEORGIA JOINS THE INITIATIVE OF EXTRACTIVE INDUSTRY TRANSPARENCY

16.08.2003 [19:54]
People of Georgia should firmly believe that putting into life of the energy corridor East-West is very beneficial for our country, stated the head of Georgian state Eduard Shevarnadze at ...

PERSONNEL CONTEST TO BE HELD

16.08.2003 [19:41]
Ministry of Communication announced contest of postal workers, accountants-economists under 40 having secondary and higher education in order to select 10 literate and experienced employees to work in post ...

TANKER “PROFESSOR AZIZ ALIYEV” AT FLEET’S DISPOSAL

16.08.2003 [19:05]
On August 14, the admission commission of the Caspian Shipping Company has received the tanker “Professor Aziz Aliyev”, produced at the plant “Krasnoye Sormovo” in Nijniy Novgorod, Russia, the price ...

TENDERS AT BICEX

15.08.2003 [16:14]
According to results of tenders held in currency section of the Baku Inter-bank Currency Exchange (BICEX), the average weighted exchange rate of USD/AZM on August 14 valued 4914 manat for ...

CASPIAN SHIPPING COMPANY OWNS TANKER ‘PROFESSOR AZIZ ALIYEV’

15.08.2003 [15:42]
Tanker ‘Professor Aziz Aliyev’ built on the shipbuilding plant ‘Krasnoe Sormovo’ in Nizhni Novgorod was transferred to the Caspian Shipping Company (CSC) of Azerbaijan, AzerTAj correspondent learnt from press-service ...

PARTICIPANTS OF BAKU-TBILISI-CEYHAN PROJECT TO GET CREDIT FROM EBRD

15.08.2003 [11:30]
ENI, TotalFinaElf and ConocoPhilips, shareholders in the pipeline company BTC Co., have refused to allocate a credit to the Azerbaijani State Oil Company within the framework of additional financing of ...

TRACECA CONSTRUCTING

14.08.2003 [18:48]
Construction of the transport corridor of the Europe-Caucasus- Asia (TRACECA) – Silk Road is intensifying.
Far-seeing policy of the President Heydar Aliyev on restoration of the historical Silk Road successfully ...

AZERBAIJAN MICROFINANCE BANK GRANTS SMALL CREDITS

14.08.2003 [17:21]
Since August, 2003, the Microfinance Bank of Azerbaijan has been granting its clients two new bank products: small credits from 10 to 30 thousand US dollars, and Western Union money ...

RESULTS OF TRADES IN BAKU INTERBANK CURRENCY EXCHANGE

14.08.2003 [16:29]
Weighted average exchange prices made up 4914 manat for 1 US dollar in Baku Interbank Currency Exchange on August 13.
In the morning, the volume of deals closed by two ...

SAUDI DEVELOPMENT FUND DELEGATION TO PAY VISIT TO BAKU

14.08.2003 [14:36]
A delegation of the Saudi Development Fund (SDF) led by deputy Chairman and Executive Director Yusif Al-Bassam will pay a visit to Baku on August 19.
According to the Embassy ...

SUMGAIT STEEL PLANT UNDER RECONSTRUCTION

14.08.2003 [14:36]
Within a few next days, the Joint-Stock Company “Azerboru” is expected to acquire 70-tons electrosmelting stove and stove-busket with the help of the German firm “Fux”. Theses aggregates will provide ...

LOCAL COMPANY AWARDED OF CONTRACT

14.08.2003 [12:34]
“Encotec”, a local company has been recently awarded of contract with BP for design, procurement and installation of the Chemical Injection Package for the Northern Route Export Pipeline. The ...