In Baku Business Center on November 21 will be a regular Azerbaijan- Dutch Business Forum. The previous meeting was held in the business last September.
The Foundation to promote exports and investment in Azerbaijan (AZPROMO) told Turan, that the forum is part of the delegation's visit to Baku at the head of the Mayor of Rotterdam Ahmed Abutalib . The forum will be attended by representatives of 10 Dutch companies that operate in the fields of shipbuilding, industry, consulting, and logistics.
According to the State Customs Committee, the trade turnover between Azerbaijan and the Netherlands for the first nine months of 2013 totaled $ 131.3 million positive balance of trade in favor of the Netherlands amounted to $ 120.8 million
According to the State Statistics Committee, Azerbaijan exported to the Netherlands in 2012, oil products and petrochemical raw materials for a total of $ 10.8 million of imports from Netherlands nomenclature includes more than 850 products, including agricultural and food products , consumer goods , as well as tools and equipment. Among them: baby food (430.8 tons, $ 5,262 thousand), drugs (65.7 tons, $ 6.6 million), cigarettes (121.4 million units, $ 10.3 million), and so etc. - 08B-
Economics
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Last year, Azerbaijan's exports fell sharply. In 2024, the country's exports amounted to $26.55 billion, while imports stood at $21.06 billion. The positive trade balance was $5.50 billion, according to the State Customs Committee (SCC).
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The final investment decision (FID) for the construction of the Shafag Solar Power Plant (SPP), based on a feasibility study, is expected in 2025, BP Vice President for the Caspian Region Bakhtiyar Aslanbayli told journalists on Friday.
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BP Plc plans to start gas production from the deep gas reservoirs of the Azeri-Chirag-Gunashli (ACG) block by the end of 2025, BP-Azerbaijan's head of press service, Tamam Bayatly, told reporters.
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In a strategic move to bolster innovation and technological advancement, Azerbaijan’s İRİA (Innovation and Digital Development Agency) and Israel Aerospace Industries (IAI) have signed a Memorandum of Understanding (MoU). The agreement aims to deepen economic, industrial, scientific, and technological collaboration between the two countries.
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