Press officer of the Chinese Ministry of Foreign Affairs Hua Chunin said that cooperation between China and Iran in field of commerce and energy is in the interests of the both sides. She said that cooperation between China and the Near East and Middle East countries, including Iran, is completely transparent and does not cause damage to any of the sides.
Hua Chunin said that according to the official information of the Chinese customs administration, during the past years Iran’s oil import, despute the western sanctions, did not change and during this period it varied between 350,000 and 540,000 barrels a day and in 2013 China bought in average 421,520 barrels of crude oil a day from Iran, reported Iran.ru.—0—
Economics
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The Turkish company Aksa Doğalgaz, part of Kazancı Holding, has announced the completion of the contractual process to purchase the gas distribution companies Bursagaz and Kayserigaz. These companies have been operating under SOCAR Türkiye Energy AS (STEAS) since 2019, according to Aksa Doğalgaz.
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Azerbaijan's Cabinet of Ministers has introduced new regulations establishing the minimum royalties for authors of state-commissioned films, aiming to promote creative works reflecting the country's national identity and cultural values.
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Tea imports to Azerbaijan have increased. According to the State Customs Committee, from January to November 2024, tea imports grew by 3.3% year-on-year to 12,893 tons in volume and by 4.5% in value, amounting to $67.715 million.
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Azerbaijan’s State Railways (ADY) reported a 28% year-on-year increase in transit cargo volumes through the North-South International Transport Corridor (NSTC) in 2024, reaching 814,000 tonnes. This growth underscores the country’s concerted efforts to unlock the strategic potential of the corridor, which connects Northern Europe and Russia to the Indian Ocean.
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