International Bank of Azerbaijan (IBA) and one of the leading payment systems UnionPay International signed a partnership agreement.
The partnership provides for the adoption of ATMs and POS- terminals MBA card payment system UnionPay International, as well as for the first time in Azerbaijan began issuing cards with this payment system.
UnionPay International is the national payment system in China established in 2002 by the State Council for Countries and the People's Bank of China. UnionPay International ranked first in the world in the number of issued cards, and a second position in terms of turnover on the cards . The total emission of UnionPay cards in the world is more than 3 billion cards. Plastic cards issued by this payment system are accepted in 141 countries around the world. -15D -
Economics
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Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
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Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
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The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
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There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
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