South Korea is ready to share its experience with Azerbaijan in solving the issue of problem loans, said Kim Tong Op, ambassador of South Korea to Azerbaijan.

Azerbaijan and the US are reliable partners, said Peter Haas, Deputy Assistant Secretary for Trade Policy and Negotiations in the US Bureau of Economic and Business Affairs, during a meeting of the US-Azerbaijan Economic Partnership Committee in Baku, Trend reports.

The senior officials of the US government will visit Baku next week as part of the energy exhibition, US ambassador to Azerbaijan Lee Litzenberger told reporters in Baku on May 17.

More than 87 percent of the Trans Adriatic Pipeline (TAP), which envisages transportation of Azerbaijani gas to Europe is complete,Trend reports citing TAP AG consortium.To date, 98 percent of pipes are laid in the ground across Greece, Albania and Italy.Over 93 percent of the land along TAP’s route in Greece, Albania and Italy has been reinstated,

BP Exploration, Azerbaijan’s state oil company SOCAR and Uzbekneftegaz signed an agreement on May 16 to conduct exploration at investment blocks in the Aral Sea water area, Trend reports citing Podrobno.uz.

It is planned to launch market test for the Trans Adriatic Pipeline (TAP), which envisages transportation of Azerbaijani gas to Europe, this summer, Trend reports citing Marija Savova, Head of Commercial at TAP AG.

In January-April 2019 Azerbaijan imported 11,695 cars, up 2.2-fold from the previous year, Report informs citing the State Customs Committee (SCC).

Azerbaijan exported 4,039,658,000 cubic meters of gas worth $637,955,000 in January-April 2019, respectively up twofold and 86% in comparison to a year earlier, Report informs citing the State Customs Committee.

Gold and silver prices decreased in Azerbaijan on May 15 compared to the prices of May 14, Trend reports citing the data published by the country’s Central Bank.

On June 11, the State Property Issues Committee of Azerbaijan will hold a regular auction on privatization of state property, Trend reports referring to the state committee.

An increase in transactions in the non-cash and cash currency markets is being observed during the first quarter of 2019 in Azerbaijan, Trend reports referring to the monetary policy report of the Central Bank of Azerbaijan (CBA).

The Statute of Turkic Chambers of Commerce and Industry (TCCI) will be signed on 17 May 2019 in Nur-Sultan (former Astana), Trend reports via the Turkic Council's press office.

Gold and silver prices decreased in Azerbaijan on May 13 compared to the prices of May 10, Trend reports citing the data published by the country’s Central Bank.

Azerbaijanis hold positive perceptions of their living standards relative to perceptions in the South Caucasus, according to the report of the World Bank (WB) titled South Caucasus in Motion, Trend reports.

Gold and silver prices decreased in Azerbaijan on May 10 compared to the prices of May 8, Trend reports citing the data published by the country’s Central Bank.

The Russian Railways Logistics JSC and the Turkish logistics operator Pacific Eurasia Logistics have agreed to establish a joint venture to develop logistics routes for cargo supply via the Baku-Tbilisi-Kars (BTK) railway, Trend reports referring to the External Communications Department of the Russian Railways Logistics company.

The World Bank Group - through IFC - joins efforts with the Government of the Republic of Azerbaijan to improve the country’s investment climate and boost agribusiness competitiveness, helping diversify the economy and spur job creation, Trend reports.

Azerbaijan’s primary internet provider Delta Telecom will reduce the internet prices for local providers by 70 percent from May 10, 2019, Trend reports referring to the company.

Gold and silver prices increased in Azerbaijan on May 8 compared to the prices of May 7, Trend reports citing the data published by the country’s Central Bank.

The global turnover in the field of health tourism is measured in billions of dollars. This type of tourism, as an alternative one, is very relevant in Azerbaijan, Ruslan Guliyev, Chairman of the Azerbaijani Association for Support of Medical and Thermal Tourism and President of the World Health Tourism Organization, told Trend.

 
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