Azerbaijan imports from Estonia 30 times more than exports
The difference between imports and exports in the mutual trade turnover between Azerbaijan and Estonia is nearly thirty-fold. In January - August this year from the Baltic country Azerbaijan imported goods worth $ 3,8 million and it exported goods totaling $ 135 300 there. By September 1 last year there was imported more ($ 6,31 million) and exported also more ($ 476,630 ).
These figures were stated at the second meeting of the Azerbaijani-Estonian Intergovernmental Commission on Trade and Economic Cooperation in Tallinn by Minister of Communications and High Technologies Ali Abbasov and Minister of Economic Affairs and Communications of Estonia Urve Palo.
According to the report the Ministry of Communications of Azerbaijan, the local delegation included representatives from the ministries of energy, taxes, foreign affairs, economy and industry, education, culture and tourism, as well as the Central Bank and the State Agency for the provision of services to citizens and social innovation in the Presidency.
Fundamentals of bilateral cooperation between Azerbaijan and Estonia were laid in the joint declaration signed by the heads of the two countries in 2009-2010, according to the information. There are good prospects of cooperation in the field of ICT - in Baku operates the Estonian company Cybernetica AS, a successful project is on the subject of electronic government was to build the infrastructure for the implementation of e-services (EHDIS) for the government of Azerbaijan. Baltic countries interested in energy and education projects. In addition, much attention is paid to cooperation in the field of agriculture. Estonians are ready to supply milk, fish and livestock, seeds, and natural food, to share experience in management, conservation and restoration of soil.
Following the meeting of the intergovernmental commission signed the protocol. According to the State Statistics Committee, as a result in 2013 the bilateral trade amounted to $ 8,28 million, and in 2012 - $ 6,32 million. Record was recorded in 2007 - $ 15,06 million. --17D-
-
- Social
- 2 October 2014 17:08
Economics
-
BP, the operator of the Shah Deniz gas condensate field, announced on Sunday that production from the Shah Deniz Alpha platform resumed on the evening of January 18. This followed the complete resolution of a technical issue with the subsea condensate export pipeline between the Shah Deniz Alpha platform and the Sangachal terminal.
-
SOCAR President Rovshan Najaf met with the Minister of State for Petroleum of Pakistan, Musadik Malik, on January 18. According to SOCAR, the discussions covered joint energy projects, achieved outcomes, and cooperation opportunities in various areas, including the trade of petroleum products.
-
The State Statistics Committee of Azerbaijan reported that in 2024 investments in fixed assets reached 21,435.1 million manats, which is 0.7% less than in 2023. While overall figures edged lower, the sectoral breakdown reveals notable disparities between the oil and gas sphere and non-oil industries.
-
Azerbaijan’s industrial enterprises and individual entrepreneurs reported a modest 1.1% year-on-year increase in industrial production during 2024, reaching an output valued at 64.1 billion manat. The State Statistics Committee attributed the overall growth to a 0.5% expansion in the oil and gas sector, while non-oil and gas industries surged by 7.3%.
Leave a review