In August the lowest volume of export of goods from Azerbaijan was marked - $ 741 million.
So far (as of 12:00 a.m. on September 28), the State Customs Committee has not published the customs statistics for the first eight months of 2015, although according to the normative act, these statistics must be disclosed no later than the first half of the month after the reporting period. Information about the volume of exports of goods was reported by the economist Rovshan Agayev on his Facebook page.
The highest volume of exports this year was recorded in January – up to $ 1 billion 278 million.
In January-August, the volume of export of goods from Azerbaijan was $ 8 billion 184 million, while in the same period of 2014 foreign exchange earnings from exports accounted for twice - $ 15 billion 351 million. ----08D
Economics
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Azerbaijan’s state oil company SOCAR signed a memorandum of cooperation with North Macedonian company ECM on Thursday, during a visit to Baku by North Macedonia's President Gordana Siljanovska-Davkova, an informed source told Turan.
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Discussions were held in Baku within the framework of the 29th session of the Conference of the Parties (COP29) to the UN Framework Convention on Climate Change, focusing on the "Decarbonization and Climate Adaptation of the Cotton-to-Clothing Value Chain." Among other topics, the state of cotton farming in Azerbaijan was also addressed.
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Azerbaijan has attracted significant interest from companies in both developing and developed countries, as well as from state and private sector representatives of at least 10 nations, regarding participation as shareholders in the Climate Finance Action Fund (CFAF), which has a total budget of $1 billion. The CFAF is one of Azerbaijan’s 14 key initiatives unveiled at COP29, Yalchin Rafiev, Azerbaijan's chief negotiator at COP29 and Deputy Foreign Minister, said at a press conference on Tuesday.
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The Azerbaijani government has proposed that the OPEC Fund participate in financing several renewable energy projects, including offshore wind energy development, green energy corridor initiatives, and a 1 GW project planned by SOCAR in partnership with the UAE-based company Masdar.
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