An auction for placement of short-term notes of Azerbaijan’s Central Bank (CBA), worth 300 million manats, will be held at the Baku Stock Exchange (BSE) on April 17, Trend reports referring to BSE on April 16.

Ministry of Taxes of Azerbaijan will launch a website in the near future for online registration of individual taxpayers, said Alakbar Mammadov, Director General of the Department of State Registration and Control over Record-keeping of the Ministry of Taxes, Trend reports. He also provided details at the press conference held in Baku and dedicated to the procedures for state registration of legal entities.

Retail trade turnover in January-March 2019 grew by 2.7% to AZN 8.8 billion, Report informs referring to the State Statistical Committee.

The cost of the EU4Climate regional project on combating climate change, which covers Azerbaijan, is 8.8 million euros, Michael Rupp, head of the sector for connectivity in the Eastern Partnership countries of the European Commission's Directorate-General for Neighborhood and Enlargement Negotiations, told Trend.

In the first quarter of 2019, the volume of cargo transportation via the Baku International Sea Trade Port exceeded 1.03 million tons, Trend reports with reference to the port.

Precious metal prices decreased in Azerbaijan on April 16 compare to April 15, Trend reports citing the data published by the country’s Central Bank.

Official exchange rate of the US dollar and euro against Azerbaijani manat was set at 1.7 and 1.9219 manats, respectively, for April 16.

The price of the AZERI LT CIF oil, produced at the Azeri-Chirag-Gunashli block of oil and gas fields, amounted to $74.13 per barrel at the Italian port of Augusta on April 12, or $0.4 more than on April 11, a source in Azerbaijan's oil and gas market told Trend on April 15. 

The Central Bank of Azerbaijan (CBA) held a deposit auction on April 15, but failed to receive 350 million manats from banks, Trend reports referring to the CBA.

The weekly turnover at the Baku Stock Exchange (BSE) on April 8-11 amounted to 202.8 million manats, Trend reports referring to the stock exchange. Most of the operations accounted for the placement of notes worth 186.2 million manats of the Central Bank of Azerbaijan (CBA). A total of 1.9 million notes at a price from 99.3053 manats to 101.0231 manats were placed. The volume of trading in bonds in the secondary market amounted to 7.9 million manats. During the week, transactions on the US dollar bonds accounted for $583,500 (992,000 manats), while transactions on the manat bonds accounted for 6.9 million manats.

Azerbaijan’s national air carrier has held a presentation in Riyadh entitled “Azerbaijan through the eyes of a falcon”, which presented new routes of Azerbaijan Airlines to a number of cities in Saudi Arabia.

Azerbaijan’s national air carrier held a presentation in Riyadh entitled “Azerbaijan through the eyes of a falcon”, at which new routes of Azerbaijan Airlines to a number of cities in Saudi Arabia were presented, Report informs.

Precious metal prices decreased in Azerbaijan on April 15 compare to April 12, Trend reports citing the data published by the country’s Central Bank.

The gas storage operation department of SOCAR's Azneft Production Unit  plans to pump 2.2 billion cubic meters of gas in underground gas storehouses, Report informs citing SOCAR.

Around 98 percent of pipes of the Trans Adriatic Pipeline (TAP) are back-filled in Albania, Trend reports citing TAP AG consortium.

The price of the AZERI LT CIF oil, produced at the Azeri-Chirag-Gunashli block of oil and gas fields, amounted to $73.73 per barrel at the Italian port of Augusta on April 11, or $0.25 less than on April 10, a source in Azerbaijan's oil and gas market told Trend on April 12.

Azerbaijan and China have still more to do to promote bilateral trade, Hikmat Hajiyev, head of the Department of Foreign Policy Affairs of the Azerbaijani Presidential Administration told China Daily, Trend reports.

Azerbaijan’s Sumgait Technologies Park (STP) LLC has started exporting a big cargo of high-capacity power cables to Kazakhstan, Trend reports with reference to the company’s message.

Azerbaijani construction company AzVIRT will begin road construction in Ukraine in May 2019, a source at the company told Trend.

Azerbaijan is able to make a great contribution to the implementation of China’s Silk Road Economic Belt initiative, Javid Gurbanov, chairman of the Azerbaijan Railways CJSC, said.

 
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