ECONOMY
Azerbaijan-EU trade increased 15 percent in four months of this year
Baku, June 5, AZERTAC
“Trade between Azerbaijan and the EU increased 15 percent in the first four months of this year. The European Union is Azerbaijan`s main foreign trade partner,” said Azerbaijan`s deputy minister of economy Rufat Mammadov at the EU-Azerbaijan business forum in Baku. “The EU`s share in Azerbaijan`s foreign trade made up 42 percent in 4 months of 2018 against 42 percent in 2017.”
“The EU invested $15.3 billion in Azerbaijan over the nine months of the last year. More than 1,500 companies of EU countries function in Azerbaijan. Azerbaijan has already signed the Strategic Partnership Declaration with the nine EU member states, agreements on elimination of double taxation with 24 member states and on promotion and mutual protection of investments with 17 member states,” the deputy minister said.
“Azerbaijan also cooperates with the EU within the Twinning, TAIEX and Budget Support instruments, and support in the amount of 600 million euros has been rendered to Azerbaijan so far,” Mammadov added.
FEEDBACK
Other news in this section
- 03.05.2024 [12:42]
SOCAR President meets with Naftogaz Chief Executive Officer
- 03.05.2024 [11:20]
Azerbaijani oil price declines in global markets
- 03.05.2024 [10:31]
Oil prices rise in global markets
- 02.05.2024 [20:55]
® Bakcell congratulated Ulviyya Fataliyeva, the champion chess player
- 02.05.2024 [18:03]
® The "Create the Future with Your Own Hands" project in women's shelter
- 02.05.2024 [14:41]
Asian Development Bank’s 57th Annual Meeting gets underway in Tbilisi
- 02.05.2024 [14:22]
President of Uzbekistan receives Azerbaijani delegation
- 02.05.2024 [11:15]
Azerbaijani oil price declines in global markets
- 02.05.2024 [10:49]
Oil prices surge in global markets
EFES-2024 exercise gets underway
- [13:02]
® Bakcell congratulated Ulviyya Fataliyeva, the champion chess player
- 02.05.2024 [20:55]
Dubai Airports cancels 13 flights, delays several amid heavy rainfall
- 02.05.2024 [20:22]
Death toll up to 48 after road collapse in south China's Guangdong
- 02.05.2024 [20:22]
6th World Forum on Intercultural Dialogue wraps up in Baku
- 02.05.2024 [20:21]
Azerbaijan, Russia discuss current regional situation
- 02.05.2024 [20:15]
Azerbaijani FM briefs AIPA Secretary General about COP29 preparation process
- 02.05.2024 [20:04]
Heydar Aliyev Foundation’s projects in Russia discussed
- 02.05.2024 [19:13]
Azerbaijani, Australian foreign ministries hold political consultations
- 02.05.2024 [18:45]
Tank units hold intensive combat training sessions
- 02.05.2024 [18:32]
® The "Create the Future with Your Own Hands" project in women's shelter
- 02.05.2024 [18:03]
To the Orthodox Christian community of Azerbaijan
- 02.05.2024 [17:59]
Azerbaijan, Turkiye discuss cooperation in protection of human rights
- 02.05.2024 [17:19]
Ancient papyrus reveals Plato’s final hours
- 02.05.2024 [16:57]
Azerbaijan, Ukraine discuss topical issues on current agenda of cooperation
- 02.05.2024 [16:40]
Shusha Declaration of the Religious leaders
- 02.05.2024 [15:44]
Religious leaders convene for meeting in Azerbaijan’s city of Shusha
- 02.05.2024 [15:14]
Asian Development Bank’s 57th Annual Meeting gets underway in Tbilisi
- 02.05.2024 [14:41]
President of Uzbekistan receives Azerbaijani delegation
- 02.05.2024 [14:22]
Azerbaijan, UNESCO discuss prospects for cooperation
- 02.05.2024 [14:07]
Death toll rises to 36 after road collapse in south China's Guangdong VIDEO
- 02.05.2024 [12:06]
Master plan for Kalbajar city approved
- 02.05.2024 [11:31]
Scientists explore how to improve crop yields - on Mars
- 02.05.2024 [11:27]
Azerbaijani oil price declines in global markets
- 02.05.2024 [11:15]
Tank units conduct intensive combat training sessions
- 02.05.2024 [11:00]
Oil prices surge in global markets
- 02.05.2024 [10:49]
55 injured after metro train-bus collision in Los Angeles
- 01.05.2024 [20:58]
Another training session commences for Azerbaijani reservists
- 01.05.2024 [20:53]
Azerbaijan, UNESCO explore prospects for cooperation
- 01.05.2024 [20:29]
About 300 arrested at Columbia University, City College protests: Mayor
- 01.05.2024 [20:08]
® Get 10% cashback on your first purchase with Birbank installment card
- 01.05.2024 [19:27]
Azerbaijan, Russia discuss bilateral cooperation
- 01.05.2024 [19:24]
President Ilham Aliyev received Speaker of Parliament of Iraq VIDEO
- 01.05.2024 [19:16]
Azerbaijani savate fighter triumphs in Savate World Open Plovdiv 2024
- 01.05.2024 [18:34]
NASA balloons head North of Arctic circle for long-duration flights
- 01.05.2024 [18:28]
ICESCO Director-General invited to COP29
- 01.05.2024 [18:04]
China's aircraft carrier Fujian sets out for maiden sea trials
- 01.05.2024 [17:38]
President Ilham Aliyev received Secretary General of KAICIID VIDEO
- 01.05.2024 [17:33]
Azerbaijan Naval Forces host meeting with NATO representatives
- 01.05.2024 [17:29]
President Ilham Aliyev received Chief Rabbi of Russia VIDEO
- 01.05.2024 [16:52]
Military attachés visit Higher Military School of Internal Troops
- 01.05.2024 [15:25]
President: Now we are seeing positive trends on the peace track
- 01.05.2024 [14:33]