IIKSS Search

Khazaria: A Forgotten Empire History

With the break-up of the Soviet Union and the troubles prevalent in the Balkans there has been much renewed interest in the early history of Eastern Europe. Troubles have fuelled nationalist tendencies in the region and there has been much

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KazMunaiGas crashes prepayment party to improve debt profile Energy

Read the rest of this TXF article here: http://www.txfnews.com/News/Article/5472/KazMunaiGas-crashes-prepayment-party-to-improve-debt-profile. For more high quality trade, export & agency, and commodity finance journalism and events, visit www.txfnews.com Kazakhstan’s state-owned KazMunaiGas (KMG), an umbrella company of several subsidiaries, is closing a $3

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Turkey looks to boost trade ties with Kazakhstan Investment

Turkish Economy Minister Mustafa Elitas has said the Middle Corridor, a proposed transportation network extending from the Caspian Sea through Turkey and Azerbaijan to Central Asia and China, will boost economic recovery in the region, Anadolu agency reported. Addressing the 9th

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China Gets Winning Formula For Silk Road Railway Investment

Summary China agreed to help Iran building a railway which will form part of China's High Speed Silk Road Railway. China has a winning SRR formula: dual-Usage bullet train technology and irresistible co-operation terms. When SRR completed, freight train from China can reach

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Gilaks People Caspian geography and anthropology

Gilaks People The Gilani people or Gilaks  are an Iranian people native to the northern Iran province of Gilan. Gilaks, along with the closely related Mazandarani people, comprise part of the Caspian people, who inhabit the southern

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Lahijan Tourism

Lahijan Lahijan is a Caspian sea resort in and the capital of Lahijan County, Gilan Province, Iran. At the 2006 census, its population was 71,871, in 21,518 families. The resort Lahijan has both traditional and modern architecture. The

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Azerbaijan invites U.S. companies to Baku-based FTZ Investment

Azerbaijan invites U.S. companies to Baku-based FTZ Azerbaijan has invited the U.S. Agency for International Development and other organizations to participate in the establishment of a free trade zone in the Alat settlement of Baku. Azerbaijan's Economy and Industry Minister Shahin

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Master of its domains Investment

Master of its domains Much is made about the importance of oil to the Russian economy, but Russia is a global energy powerhouse that’s much more than a petro-state By Scott L Montgomery Russia is not what you think. Most

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U.S. calls for strong economic ties with Azerbaijan Investment

U.S. calls for strong economic ties with Azerbaijan The U.S. State Department has voiced the necessity to strengthen the economic ties between Baku and Washington. "We discussed the issues related to trade, finances, agriculture, combating corruption," Kurt Tong, the Principal Deputy

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Turkmenistan-EU joint project on energy efficiency Energy

Turkmenistan-EU joint project on energy efficiency Turkmenistan and the European Union have launched a joint project on the implementation of strategies for sustainable development in Turkmenistan to help the country in the rational use of natural resources and energy, newspaper

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Russian oil CEO: We won't do deals with OPEC Energy

Russian oil CEO: We won't do deals with OPEC MOSCOW (CNNMoney) —A top Russian oil executive may just have killed off any lingering talk of an agreement among producing countries to freeze output. The world's top exporters, including Russia,

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Iran-Azerbaijan trade turnover up Investment

Iran-Azerbaijan trade turnover up by 53% Trade turnover between Iran and Azerbaijan has increased by 53 percent in the first three months of the current year, said Iran's ICT Minister Mahmoud Vaezi speaking to reporters in Baku April 21. Vaezi, who

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Craze for LNG Energy

Craze for LNG Pricing policy of only one man, John D. Rockefeller, led to a decrease in the cost of kerosene in the US oil products' market of the late 19th century from 26 cents to eight cents per gallon

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Russia Renewable Energy Report Energy

Russia Renewable Energy Report Other than large hydroelectric plants in Russia, all other forms of renewable energy accounts for less than 1% of power generation capacity. These metrics come from Russia Direct, which reports when it comes to wind, solar and

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NDFI, KEXIM ink MoU Investment

NDFI, KEXIM ink MoU National Development Fund of Iran (NDFI) and the Export–Import Bank of Korea, also commonly known as the Korea Eximbank (KEXIM) have signed a memorandum of cooperation. During the visit of South Korean president

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Renewable Energy Report For Russia Energy

Renewable Energy Report For Russia Other than large hydroelectric plants in Russia, all other forms of renewable energy account for less than 1% of power generation capacity. Moscow-shutterstock_400971697-1-600x381These metrics come from Russia Direct, which reports when it comes to wind, solar

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Next Big Travel Destination: Iran? Tourism

Next Big Travel Destination: Iran? Global hotel companies are establishing new beachheads in Iran, betting that lifted sanctions against the Middle East nation will spark a jump in tourism and business travel after decades of economic isolation. Spanish operator Melia

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Baku to the future Political and military events

Baku to the future   NEXT month around two dozen Formula One racecars will speed through the gleaming centre of Baku, the capital of Azerbaijan. They will zoom along the shore of the oil-rich Caspian Sea, past five-star hotels and

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Azerbaijan and China: Greater integration Investment

Azerbaijan and China: Greater integration Rapidly expanding trade and nascent investment promise stronger links between China, the world’s second largest economy, and Azerbaijan, an energy rich country on the Caspian basin. Economic ties between Azerbaijan and China play a large role

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ARETI shows interest in further cooperation with Turkmenistan Investment

ARETI shows interest in further cooperation with Turkmenistan   ARETI International Group of companies is interested in joining projects implemented in different spheres of Turkmenistan’s economy. During his meeting with President Gurbanguly Berdimuhamedov, Chairman of the ARETI International Group of Companies Igor

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Azerbaijan realizes profitable railway projects Investment

Azerbaijan realizes profitable railway projects   Azerbaijan and Iran are considering three options for financing construction of the Rasht-Astara (Iran) railway section, Head of Azerbaijan Railways CJSC Javid Gurbanov said while talking to ANS TV channel. Being a part of the North-South

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Azerbaijan – Oriental Express Hub? Energy

Azerbaijan – Oriental Express Hub?    With the first Mumbai-to-Moscow train scheduled to chug through Azerbaijan this August, railways seem set to become the new oil for the Caspian Sea nation.   Better known for a wealth of energy and

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Kazakhstan to resume oil production on Kashagan field Energy

Kazakhstan to resume oil production on Kashagan field   Oil output at Kazakhstan's Kashagan field is expected to start in October 2016. Kazakhstan's Prime Minister Karim Massimov gave the relevant instruction to Energy Minister Kanat Bozumbayev and KazMunaiGas national company during the

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Singapore wins Baku port deal Investment

<header class="entry-header"> Singapore wins Baku port deal </header>   Baku International Sea Trade Port has signed an MoU with Singapore-based SMRT International and Ectivise Solutions to enhance the operational effectiveness of Azerbaijan’s new port.  The two Singapore-based companies will support the Port of Baku

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Azerbaijan-Belarus business forum to be held in Baku Investment

Azerbaijani-Belarusian business forum will be held July 15 in Baku, the Azerbaijan Export and Investment Promotion Foundation (AZPROMO) said July 1. Nearly 10 Belarusian companies will take part in the business forum, organized by Azerbaijan’s Economy Ministry and AZPROMO. Trade turnover between

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Daimler vows to take China off Iran roads Investment

Daimler says its trucks division will start the deliveries of Mitsubishi Fuso brand in Iran later this year.  The German carmaker and Iran’s Mammut Group signed a distribution agreement for Fuso trucks, especially in the light-duty segment, back in January as

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IDEA holds next environmental campaign Environment

IDEA Public Union, which is aimed at promoting public awareness of environmental issues, organized another beneficial campaign in the country. This time the public union focused on cleaning the largest river in Transcaucasia -- the Kura, which is of great importance

read more

IDEA holds next environmental campaign Environment

IDEA holds next environmental campaign   IDEA Public Union, which is aimed at promoting public awareness of environmental issues, organized another beneficial campaign in the country. This time the public union focused on cleaning the largest river in Transcaucasia -- the Kura,

read more

A tale of continuity cultural

A tale of continuity   In Azerbaijan, you can see a confluence of the old and the new One can say that this country has a foot each in two worlds — One in the modern world with industrial aspirations

read more

Caspian Energy Grid – London Launch Energy

Caspian Energy Grid – London Launch   The Caspian Sea is the largest enclosed body of water by area and the resources to be found around in and under the Caspian Sea have been disputed for millennia. The issues

read more

Caspian Overview: BP's Caspian Gas Energy

Caspian Overview: BP's Caspian Gas   Azerbaijan produced about 9.363bn m³ of commercial gas in the first half of this year, down 8.8% year-on-year, of which BP-operated fields counted 71.6%, a top energy official told NGE. BP is the operator of the Caspian Sea’s

read more

Iran self-sufficient in wheat for 2nd year Agriculture

Iran self-sufficient in wheat for 2nd year   Iran expects its state-sponsored purchases of wheat from domestic farmers to surpass 10 million tonnes this year, Agriculture Minister Mahmoud Hojjati says. Harvests in the 2016/2017 crop season are on track to make

read more

Iran, Russia map out rival to Suez Canal Investment

Iran, Russia map out rival to Suez Canal   The International North-South Transport Corridor (NSTC), a multi-model route to link India and the Middle East to the Caucasus, Central Asia and Europe, is being nurtured for significantly reducing costs and travel time

read more

Water level rises in Kura Hydrology

Water level rises in Kura   Increase of water level has been observed in Kura River in the past few days. The level of water in Giragkesemen settlement of Kura River increased by 12 cm on August 8. The water consumption holds 113m3/sec in

read more

Socar Joins New Adriatic Pipe Project Energy

Socar Joins New Adriatic Pipe Project   Four western Balkans nations signed a memorandum of understanding with Azerbaijan state Socar on co-operation on building the Ionian Adriatic pipeline (IAP) on the sidelines of a Dubrovnik forum 25-26 August. The

read more

Is Putin the new Stalin? Political and military events

Is Putin the new Stalin? ‘Tom’ thinks Vladimir Putin is the new Josef Stalin. As he’s never been to Russia, his views surely reflect the power of a Western media narrative which continuously demonizes the Russian President. Last week, an optician from

read more

China, Kazakhstan eye implementation of joint projects Investment

China, Kazakhstan eye implementation of joint projects   China and Kazakhstan, the two strategic partners, are planning to implement some 51 joint projects in different spheres of Kazakhstan’s economy, Kazakh President Nursultan Nazarbayev announced about this following his working visit to

read more

Turkmenistan discussing Caspian Sea agreements Legal Issues

Turkmenistan discussing Caspian Sea agreements   Another meeting of the Turkmen Interdepartmental Commission on the Caspian Sea was held in Ashgabat, the Turkmen government said Sept. 6. According to the message, the draft agreements on trade and economic cooperation among the Caspian-littoral

read more

Cuba to seek oil imports from Russia, Iran Energy

Cuba to seek oil imports from Russia, Iran   Cuba is looking to Russia and Iran to make up for dwindling oil supplies from close ally Venezuela. The island is keen to replenish oil supplies as it works to revive foreign tourism

read more

Iran central part of Silk Road Investment

Iran central part of Silk Road   Austrian President of International Institute for Peace (IIP) has said Chinese effort to revive classical Silk Road is unlikely to incite animosity from European countries. Payman Yazdani of Mehr News International

read more

Government to stimulate tourism industry Tourism

Government to stimulate tourism industry   Azerbaijan located in the junction of two world civilizations, is a miraculous country with its rich natural resources, and ancient culture, history and people, whose lifestyle presents a unique and harmonious combination of the traditions

read more

A confluence of old and new Tourism

A confluence of old and new   Azerbaijan may not be popular on the tourist radar, but it’s a good option if you want something unconventional Azerbaijan, called the land of fire, is filled with

read more

Kashagan oil maybe transported via Azerbaijan Energy

Kashagan oil maybe transported via Azerbaijan   Energy-rich Kazakhstan may start oil export from its large Kashagan field through Azerbaijan in 2017.  Kazakh Energy Minister Kanat Bozumbayev said that the country does not exclude the possibility of transporting oil through Azerbaijan,

read more

Russia Ups Oil Output Ahead of OPEC Meeting Energy

Russia Ups Oil Output Ahead of OPEC Meeting Russia Ups Oil Output Ahead of OPEC Meeting Russia could soon become the world’s biggest oil producer if it continues pumping oil at levels not seen since Soviet times. Russian Energy Ministry data shows that

read more

New Hotel and Tourism Investment Conference for Iran Tourism

New Hotel and Tourism Investment Conference for Iran   Iran, the 18th largest economy in the world, will host the first Iran Hotel and Tourism Investment Conference (IHTIC), a top-level gathering of international investors, owners, operators, developers and government officials. In addition to

read more

Kazakhstan refuses to limit oil output from Kashagan Energy

Kazakhstan, enjoying 3 percent of the world’s total oil reserves, announced that it will not impose any limits for oil production at the recently-relaunched Kashagan field. Kazakh Energy Minister Kanat Bozumbayev noted that Kazakhstan’s share in the world

read more

UAE interested in Azerbaijani products Investment

IIKSS - To promote the national brands in Dubai, Azerbaijan's export mission visited the United Arab Emirates recently. The delegation included representatives of 20 companies engaged in manufacture of natural juices, mineral beverages, agricultural products, meat and meat

read more

Development of alternative energy in Kazakhstan Energy

IIKSS - Kazakhstan develops alternative energy, actively applying new technologies which allow rational use of natural resources. For instance, the first wind farm is successfully operating in Akmola region. Since the launch, the farm generated 193 million kilowatts

read more

Azerbaijan brands to hit Pak markets Investment

IIKSS - Azerbaijan’s Economy Ministry has announced that he will send an export mission to Pakistan next February. The export mission will include companies specializing in the production of fruits, vegetables, mineral water, fruit juices, sugar and confectionery,

read more

SOFAZ unveils preferred property markets Investment

IIKSS - The State Oil Fund of Azerbaijan (SOFAZ) is interested in the acquisition of high-quality real estate assets in European, Asia-Pacific and the US markets, SOFAZ Executive Director Shahmar Movsumov said in an exclusive interview with Trend.

read more

Tehran, Baku Boost Transport, Trade Ties Investment

IIKSS - Iran and Azerbaijan are boosting trade and transportation ties, following the new agreements reached during a joint intergovernmental commission held in Baku and Nakhchivan last week. The two sides agreed to reduce transit fees to $100

read more

Azerbaijan, Iran discuss cooperation Investment

IIKSS- Azerbaijan`s Minister of Economy Shahin Mustafayev has met Chairman of Central Bank of the Islamic Republic of Iran Valiollah Seif. They discussed cooperation in financial field. The sides also exchanged views on the current state of cooperation

read more

Azerbaijan Delegation Attends Joint Business Forum Investment

IIKSS- Azerbaijan’s Minister of Economy Shahin Mustafayev entered Ardebil Province in northwest Iran on Wednesday to take part in a business forum. Heading a 50-member economic delegation, the minister discussed ways of expanding transactions with Iran, particularly in

read more

Azerbaijan, Qatar sign 6 documents Investment

IIKSS- A ceremony to sign documents between Azerbaijan and Qatar has been held with participation of President of the Republic of Azerbaijan Ilham Aliyev and Emir of the State of Qatar Sheikh Tamim Bin Hamad Al-Thani. Qatari Minister

read more

Iran means business Investment

IIKSS- A team at International Research Networks (IRN) organised an excellent Iran Business Symposium on Feb. 21+23, 2017, at the Renaissance Hotel in Amsterdam. It was attended by Switzerland, Germany, Turkey, Italy, and many other EU countries and

read more

Iran means business Investment

IIKSS- A team at International Research Networks (IRN) organised an excellent Iran Business Symposium on Feb. 21+23, 2017, at the Renaissance Hotel in Amsterdam. It was attended by Switzerland, Germany, Turkey, Italy, and many other EU countries and

read more

Kazakhstan to develop banking ties with Iran Investment

IIKSS- The Vice-Governor of Iran’s Central Bank for Foreign Exchange Affairs, Gholamali Kamyab, met with Kassymbek, the Kazakh Minister of Investment and Development on Thursday in Astana. Gholamali Kamyab, the Vice-Governor of Iran’s Central Bank for Foreign Exchange

read more

Turkmenistan hosting seminar on Caspian Sea issues Investment

IIKSS-The International Ocean Institute (IOI) with the support of Turkmenistan’s Foreign Ministry and the State Enterprise on Caspian Sea Issues under the President of Turkmenistan is holding a seminar in Avaza, titled “Caspian Sea – sustainable development and

read more

Azerbaijan, Kazakhstan long-term partners: ambassador Investment

IIKSS- Azerbaijan and Kazakhstan are partners and the two countries’ economic systems complement each other, Rashad Mammadov, ambassador extraordinary and plenipotentiary of Azerbaijan to Kazakhstan, said in an interview with Trend. "Azerbaijan and Kazakhstan didn’t become rivals despite

read more

China’s strategy in the Caucasus Investment

IIKSS- When leaders of Azerbaijan and Georgia took part in a session titled “The Silk Road Effect” at the 2017 World Economic Forum in Davos, they were predictably eager to promote the importance of the China-led Silk Road

read more

Nazarbaev's clenched fists: For Cossacks or economic reforms - (analysis of fluctuations in the Republic of Kazakhstan's ability (government weight) index) Political and military events

Nazarbaev's clenched fists: For Cossacks or economic reforms???!!!! (analysis of fluctuations in the Republic of Kazakhstan's ability (government weight) index) International Institute of Khazar Sea Studies (IIKSS) - Kazakhstan's government weight indexes show that this country despite

read more

Kazakhstan telecoms deal approved by regulators Energy

Kazakhstan’s state-owned telecoms company has been given permission to buy the country’s largest mobile phone operator after antitrust regulators ignored fears that it would create a monopolistic giant. Kazakhtelecom, which owns half of the country’s third largest network

read more

Caspian Littoral States Sign Environment Protocol Environment

high-level representatives from Azerbaijan, Iran, Kazakhstan, the Russian Federation and Turkmenistan signed the Environment Impact Assessment Protocol under the Tehran Convention during an extraordinary Conference of the Parties on Friday in Moscow, Russia. The protocol will enter into force

read more

Council of Farmers created in Azerbaijan Agriculture

The Council of Farmers was established under Azerbaijan Ministry of Agriculture, the ministry informed on August 3. The relevant meeting with the participation of large farmers and Agriculture Minister Inam Karimov discussed the quality of fertilizers and seeds, lack

read more

Russia, Kazakhstan may create SEZ at Baikonur Investment

The chairman of the board of the Kazakh national company, Kazakh Invest, Saparbek Tuyakbaev, held a meeting with Russian Ambassador to Kazakhstan Alexei Borodavkin and Russian trade representative in Kazakhstan Alexander Yakovlev in Astana, Central Asian media outlets reported

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Russia To Resume Gas Imports From Turkmenistan Energy

Russia's Gazprom next year will resume imports of natural gas from Turkmenistan that it stopped three years ago, the energy giant's chief executive has said. In an interview with Turkmenistan's state television channel during a visit to Ashgabat

read more

Azerbaijan to send export mission to Poland soon Investment

The introduction of local products of Azerbaijan to international markets is boosting the non-oil sector of the economy and strengthens business ties with foreign countries. Therefore, Azerbaijan is organizing a number of export missions to promote national products under the Made

read more

Kazakhstan to expand types of goods exported Investment

Kazakhstan will expand the types of products it exports this year,, said Kazakh Vice Minister for Industry and Infrastructure Development Arystan Kabykenov at a January press conference. “Sodium cyanide will be shipped to Russia; semolina to China, Europe, Kyrgyzstan,

read more

IIKSS Search

Kazakhstan to expand types of goods exported Investment

Kazakhstan will expand the types of products it exports this year,, said Kazakh Vice Minister for Industry and Infrastructure Development Arystan Kabykenov at a January press conference. “Sodium cyanide will be shipped to Russia; semolina to China, Europe, Kyrgyzstan,

read more

Azerbaijan to send export mission to Poland soon Investment

The introduction of local products of Azerbaijan to international markets is boosting the non-oil sector of the economy and strengthens business ties with foreign countries. Therefore, Azerbaijan is organizing a number of export missions to promote national products under the Made

read more

Russia To Resume Gas Imports From Turkmenistan Energy

Russia's Gazprom next year will resume imports of natural gas from Turkmenistan that it stopped three years ago, the energy giant's chief executive has said. In an interview with Turkmenistan's state television channel during a visit to Ashgabat

read more

Russia, Kazakhstan may create SEZ at Baikonur Investment

The chairman of the board of the Kazakh national company, Kazakh Invest, Saparbek Tuyakbaev, held a meeting with Russian Ambassador to Kazakhstan Alexei Borodavkin and Russian trade representative in Kazakhstan Alexander Yakovlev in Astana, Central Asian media outlets reported

read more

Council of Farmers created in Azerbaijan Agriculture

The Council of Farmers was established under Azerbaijan Ministry of Agriculture, the ministry informed on August 3. The relevant meeting with the participation of large farmers and Agriculture Minister Inam Karimov discussed the quality of fertilizers and seeds, lack

read more

Caspian Littoral States Sign Environment Protocol Environment

high-level representatives from Azerbaijan, Iran, Kazakhstan, the Russian Federation and Turkmenistan signed the Environment Impact Assessment Protocol under the Tehran Convention during an extraordinary Conference of the Parties on Friday in Moscow, Russia. The protocol will enter into force

read more

Kazakhstan telecoms deal approved by regulators Energy

Kazakhstan’s state-owned telecoms company has been given permission to buy the country’s largest mobile phone operator after antitrust regulators ignored fears that it would create a monopolistic giant. Kazakhtelecom, which owns half of the country’s third largest network

read more

Nazarbaev's clenched fists: For Cossacks or economic reforms - (analysis of fluctuations in the Republic of Kazakhstan's ability (government weight) index) Political and military events

Nazarbaev's clenched fists: For Cossacks or economic reforms???!!!! (analysis of fluctuations in the Republic of Kazakhstan's ability (government weight) index) International Institute of Khazar Sea Studies (IIKSS) - Kazakhstan's government weight indexes show that this country despite

read more

China’s strategy in the Caucasus Investment

IIKSS- When leaders of Azerbaijan and Georgia took part in a session titled “The Silk Road Effect” at the 2017 World Economic Forum in Davos, they were predictably eager to promote the importance of the China-led Silk Road

read more

Azerbaijan, Kazakhstan long-term partners: ambassador Investment

IIKSS- Azerbaijan and Kazakhstan are partners and the two countries’ economic systems complement each other, Rashad Mammadov, ambassador extraordinary and plenipotentiary of Azerbaijan to Kazakhstan, said in an interview with Trend. "Azerbaijan and Kazakhstan didn’t become rivals despite

read more

Turkmenistan hosting seminar on Caspian Sea issues Investment

IIKSS-The International Ocean Institute (IOI) with the support of Turkmenistan’s Foreign Ministry and the State Enterprise on Caspian Sea Issues under the President of Turkmenistan is holding a seminar in Avaza, titled “Caspian Sea – sustainable development and

read more

Kazakhstan to develop banking ties with Iran Investment

IIKSS- The Vice-Governor of Iran’s Central Bank for Foreign Exchange Affairs, Gholamali Kamyab, met with Kassymbek, the Kazakh Minister of Investment and Development on Thursday in Astana. Gholamali Kamyab, the Vice-Governor of Iran’s Central Bank for Foreign Exchange

read more

Iran means business Investment

IIKSS- A team at International Research Networks (IRN) organised an excellent Iran Business Symposium on Feb. 21+23, 2017, at the Renaissance Hotel in Amsterdam. It was attended by Switzerland, Germany, Turkey, Italy, and many other EU countries and

read more

Iran means business Investment

IIKSS- A team at International Research Networks (IRN) organised an excellent Iran Business Symposium on Feb. 21+23, 2017, at the Renaissance Hotel in Amsterdam. It was attended by Switzerland, Germany, Turkey, Italy, and many other EU countries and

read more

Azerbaijan, Qatar sign 6 documents Investment

IIKSS- A ceremony to sign documents between Azerbaijan and Qatar has been held with participation of President of the Republic of Azerbaijan Ilham Aliyev and Emir of the State of Qatar Sheikh Tamim Bin Hamad Al-Thani. Qatari Minister

read more

Azerbaijan Delegation Attends Joint Business Forum Investment

IIKSS- Azerbaijan’s Minister of Economy Shahin Mustafayev entered Ardebil Province in northwest Iran on Wednesday to take part in a business forum. Heading a 50-member economic delegation, the minister discussed ways of expanding transactions with Iran, particularly in

read more

Azerbaijan, Iran discuss cooperation Investment

IIKSS- Azerbaijan`s Minister of Economy Shahin Mustafayev has met Chairman of Central Bank of the Islamic Republic of Iran Valiollah Seif. They discussed cooperation in financial field. The sides also exchanged views on the current state of cooperation

read more

Tehran, Baku Boost Transport, Trade Ties Investment

IIKSS - Iran and Azerbaijan are boosting trade and transportation ties, following the new agreements reached during a joint intergovernmental commission held in Baku and Nakhchivan last week. The two sides agreed to reduce transit fees to $100

read more

SOFAZ unveils preferred property markets Investment

IIKSS - The State Oil Fund of Azerbaijan (SOFAZ) is interested in the acquisition of high-quality real estate assets in European, Asia-Pacific and the US markets, SOFAZ Executive Director Shahmar Movsumov said in an exclusive interview with Trend.

read more

Azerbaijan brands to hit Pak markets Investment

IIKSS - Azerbaijan’s Economy Ministry has announced that he will send an export mission to Pakistan next February. The export mission will include companies specializing in the production of fruits, vegetables, mineral water, fruit juices, sugar and confectionery,

read more

Development of alternative energy in Kazakhstan Energy

IIKSS - Kazakhstan develops alternative energy, actively applying new technologies which allow rational use of natural resources. For instance, the first wind farm is successfully operating in Akmola region. Since the launch, the farm generated 193 million kilowatts

read more

UAE interested in Azerbaijani products Investment

IIKSS - To promote the national brands in Dubai, Azerbaijan's export mission visited the United Arab Emirates recently. The delegation included representatives of 20 companies engaged in manufacture of natural juices, mineral beverages, agricultural products, meat and meat

read more

Kazakhstan refuses to limit oil output from Kashagan Energy

Kazakhstan, enjoying 3 percent of the world’s total oil reserves, announced that it will not impose any limits for oil production at the recently-relaunched Kashagan field. Kazakh Energy Minister Kanat Bozumbayev noted that Kazakhstan’s share in the world

read more

New Hotel and Tourism Investment Conference for Iran Tourism

New Hotel and Tourism Investment Conference for Iran   Iran, the 18th largest economy in the world, will host the first Iran Hotel and Tourism Investment Conference (IHTIC), a top-level gathering of international investors, owners, operators, developers and government officials. In addition to

read more

Russia Ups Oil Output Ahead of OPEC Meeting Energy

Russia Ups Oil Output Ahead of OPEC Meeting Russia Ups Oil Output Ahead of OPEC Meeting Russia could soon become the world’s biggest oil producer if it continues pumping oil at levels not seen since Soviet times. Russian Energy Ministry data shows that

read more

Kashagan oil maybe transported via Azerbaijan Energy

Kashagan oil maybe transported via Azerbaijan   Energy-rich Kazakhstan may start oil export from its large Kashagan field through Azerbaijan in 2017.  Kazakh Energy Minister Kanat Bozumbayev said that the country does not exclude the possibility of transporting oil through Azerbaijan,

read more

A confluence of old and new Tourism

A confluence of old and new   Azerbaijan may not be popular on the tourist radar, but it’s a good option if you want something unconventional Azerbaijan, called the land of fire, is filled with

read more

Government to stimulate tourism industry Tourism

Government to stimulate tourism industry   Azerbaijan located in the junction of two world civilizations, is a miraculous country with its rich natural resources, and ancient culture, history and people, whose lifestyle presents a unique and harmonious combination of the traditions

read more

Iran central part of Silk Road Investment

Iran central part of Silk Road   Austrian President of International Institute for Peace (IIP) has said Chinese effort to revive classical Silk Road is unlikely to incite animosity from European countries. Payman Yazdani of Mehr News International

read more

Cuba to seek oil imports from Russia, Iran Energy

Cuba to seek oil imports from Russia, Iran   Cuba is looking to Russia and Iran to make up for dwindling oil supplies from close ally Venezuela. The island is keen to replenish oil supplies as it works to revive foreign tourism

read more

Turkmenistan discussing Caspian Sea agreements Legal Issues

Turkmenistan discussing Caspian Sea agreements   Another meeting of the Turkmen Interdepartmental Commission on the Caspian Sea was held in Ashgabat, the Turkmen government said Sept. 6. According to the message, the draft agreements on trade and economic cooperation among the Caspian-littoral

read more

China, Kazakhstan eye implementation of joint projects Investment

China, Kazakhstan eye implementation of joint projects   China and Kazakhstan, the two strategic partners, are planning to implement some 51 joint projects in different spheres of Kazakhstan’s economy, Kazakh President Nursultan Nazarbayev announced about this following his working visit to

read more

Is Putin the new Stalin? Political and military events

Is Putin the new Stalin? ‘Tom’ thinks Vladimir Putin is the new Josef Stalin. As he’s never been to Russia, his views surely reflect the power of a Western media narrative which continuously demonizes the Russian President. Last week, an optician from

read more

Socar Joins New Adriatic Pipe Project Energy

Socar Joins New Adriatic Pipe Project   Four western Balkans nations signed a memorandum of understanding with Azerbaijan state Socar on co-operation on building the Ionian Adriatic pipeline (IAP) on the sidelines of a Dubrovnik forum 25-26 August. The

read more

Water level rises in Kura Hydrology

Water level rises in Kura   Increase of water level has been observed in Kura River in the past few days. The level of water in Giragkesemen settlement of Kura River increased by 12 cm on August 8. The water consumption holds 113m3/sec in

read more

Iran, Russia map out rival to Suez Canal Investment

Iran, Russia map out rival to Suez Canal   The International North-South Transport Corridor (NSTC), a multi-model route to link India and the Middle East to the Caucasus, Central Asia and Europe, is being nurtured for significantly reducing costs and travel time

read more

Iran self-sufficient in wheat for 2nd year Agriculture

Iran self-sufficient in wheat for 2nd year   Iran expects its state-sponsored purchases of wheat from domestic farmers to surpass 10 million tonnes this year, Agriculture Minister Mahmoud Hojjati says. Harvests in the 2016/2017 crop season are on track to make

read more

Caspian Overview: BP's Caspian Gas Energy

Caspian Overview: BP's Caspian Gas   Azerbaijan produced about 9.363bn m³ of commercial gas in the first half of this year, down 8.8% year-on-year, of which BP-operated fields counted 71.6%, a top energy official told NGE. BP is the operator of the Caspian Sea’s

read more

Caspian Energy Grid – London Launch Energy

Caspian Energy Grid – London Launch   The Caspian Sea is the largest enclosed body of water by area and the resources to be found around in and under the Caspian Sea have been disputed for millennia. The issues

read more

A tale of continuity cultural

A tale of continuity   In Azerbaijan, you can see a confluence of the old and the new One can say that this country has a foot each in two worlds — One in the modern world with industrial aspirations

read more

IDEA holds next environmental campaign Environment

IDEA holds next environmental campaign   IDEA Public Union, which is aimed at promoting public awareness of environmental issues, organized another beneficial campaign in the country. This time the public union focused on cleaning the largest river in Transcaucasia -- the Kura,

read more

IDEA holds next environmental campaign Environment

IDEA Public Union, which is aimed at promoting public awareness of environmental issues, organized another beneficial campaign in the country. This time the public union focused on cleaning the largest river in Transcaucasia -- the Kura, which is of great importance

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Daimler vows to take China off Iran roads Investment

Daimler says its trucks division will start the deliveries of Mitsubishi Fuso brand in Iran later this year.  The German carmaker and Iran’s Mammut Group signed a distribution agreement for Fuso trucks, especially in the light-duty segment, back in January as

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Azerbaijan-Belarus business forum to be held in Baku Investment

Azerbaijani-Belarusian business forum will be held July 15 in Baku, the Azerbaijan Export and Investment Promotion Foundation (AZPROMO) said July 1. Nearly 10 Belarusian companies will take part in the business forum, organized by Azerbaijan’s Economy Ministry and AZPROMO. Trade turnover between

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Singapore wins Baku port deal Investment

<header class="entry-header"> Singapore wins Baku port deal </header>   Baku International Sea Trade Port has signed an MoU with Singapore-based SMRT International and Ectivise Solutions to enhance the operational effectiveness of Azerbaijan’s new port.  The two Singapore-based companies will support the Port of Baku

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Kazakhstan to resume oil production on Kashagan field Energy

Kazakhstan to resume oil production on Kashagan field   Oil output at Kazakhstan's Kashagan field is expected to start in October 2016. Kazakhstan's Prime Minister Karim Massimov gave the relevant instruction to Energy Minister Kanat Bozumbayev and KazMunaiGas national company during the

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Azerbaijan – Oriental Express Hub? Energy

Azerbaijan – Oriental Express Hub?    With the first Mumbai-to-Moscow train scheduled to chug through Azerbaijan this August, railways seem set to become the new oil for the Caspian Sea nation.   Better known for a wealth of energy and

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Azerbaijan realizes profitable railway projects Investment

Azerbaijan realizes profitable railway projects   Azerbaijan and Iran are considering three options for financing construction of the Rasht-Astara (Iran) railway section, Head of Azerbaijan Railways CJSC Javid Gurbanov said while talking to ANS TV channel. Being a part of the North-South

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ARETI shows interest in further cooperation with Turkmenistan Investment

ARETI shows interest in further cooperation with Turkmenistan   ARETI International Group of companies is interested in joining projects implemented in different spheres of Turkmenistan’s economy. During his meeting with President Gurbanguly Berdimuhamedov, Chairman of the ARETI International Group of Companies Igor

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Azerbaijan and China: Greater integration Investment

Azerbaijan and China: Greater integration Rapidly expanding trade and nascent investment promise stronger links between China, the world’s second largest economy, and Azerbaijan, an energy rich country on the Caspian basin. Economic ties between Azerbaijan and China play a large role

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Baku to the future Political and military events

Baku to the future   NEXT month around two dozen Formula One racecars will speed through the gleaming centre of Baku, the capital of Azerbaijan. They will zoom along the shore of the oil-rich Caspian Sea, past five-star hotels and

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Next Big Travel Destination: Iran? Tourism

Next Big Travel Destination: Iran? Global hotel companies are establishing new beachheads in Iran, betting that lifted sanctions against the Middle East nation will spark a jump in tourism and business travel after decades of economic isolation. Spanish operator Melia

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Renewable Energy Report For Russia Energy

Renewable Energy Report For Russia Other than large hydroelectric plants in Russia, all other forms of renewable energy account for less than 1% of power generation capacity. Moscow-shutterstock_400971697-1-600x381These metrics come from Russia Direct, which reports when it comes to wind, solar

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NDFI, KEXIM ink MoU Investment

NDFI, KEXIM ink MoU National Development Fund of Iran (NDFI) and the Export–Import Bank of Korea, also commonly known as the Korea Eximbank (KEXIM) have signed a memorandum of cooperation. During the visit of South Korean president

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Russia Renewable Energy Report Energy

Russia Renewable Energy Report Other than large hydroelectric plants in Russia, all other forms of renewable energy accounts for less than 1% of power generation capacity. These metrics come from Russia Direct, which reports when it comes to wind, solar and

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Craze for LNG Energy

Craze for LNG Pricing policy of only one man, John D. Rockefeller, led to a decrease in the cost of kerosene in the US oil products' market of the late 19th century from 26 cents to eight cents per gallon

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Iran-Azerbaijan trade turnover up Investment

Iran-Azerbaijan trade turnover up by 53% Trade turnover between Iran and Azerbaijan has increased by 53 percent in the first three months of the current year, said Iran's ICT Minister Mahmoud Vaezi speaking to reporters in Baku April 21. Vaezi, who

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Russian oil CEO: We won't do deals with OPEC Energy

Russian oil CEO: We won't do deals with OPEC MOSCOW (CNNMoney) —A top Russian oil executive may just have killed off any lingering talk of an agreement among producing countries to freeze output. The world's top exporters, including Russia,

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Turkmenistan-EU joint project on energy efficiency Energy

Turkmenistan-EU joint project on energy efficiency Turkmenistan and the European Union have launched a joint project on the implementation of strategies for sustainable development in Turkmenistan to help the country in the rational use of natural resources and energy, newspaper

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U.S. calls for strong economic ties with Azerbaijan Investment

U.S. calls for strong economic ties with Azerbaijan The U.S. State Department has voiced the necessity to strengthen the economic ties between Baku and Washington. "We discussed the issues related to trade, finances, agriculture, combating corruption," Kurt Tong, the Principal Deputy

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Master of its domains Investment

Master of its domains Much is made about the importance of oil to the Russian economy, but Russia is a global energy powerhouse that’s much more than a petro-state By Scott L Montgomery Russia is not what you think. Most

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Azerbaijan invites U.S. companies to Baku-based FTZ Investment

Azerbaijan invites U.S. companies to Baku-based FTZ Azerbaijan has invited the U.S. Agency for International Development and other organizations to participate in the establishment of a free trade zone in the Alat settlement of Baku. Azerbaijan's Economy and Industry Minister Shahin

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Lahijan Tourism

Lahijan Lahijan is a Caspian sea resort in and the capital of Lahijan County, Gilan Province, Iran. At the 2006 census, its population was 71,871, in 21,518 families. The resort Lahijan has both traditional and modern architecture. The

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Gilaks People Caspian geography and anthropology

Gilaks People The Gilani people or Gilaks  are an Iranian people native to the northern Iran province of Gilan. Gilaks, along with the closely related Mazandarani people, comprise part of the Caspian people, who inhabit the southern

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China Gets Winning Formula For Silk Road Railway Investment

Summary China agreed to help Iran building a railway which will form part of China's High Speed Silk Road Railway. China has a winning SRR formula: dual-Usage bullet train technology and irresistible co-operation terms. When SRR completed, freight train from China can reach

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Turkey looks to boost trade ties with Kazakhstan Investment

Turkish Economy Minister Mustafa Elitas has said the Middle Corridor, a proposed transportation network extending from the Caspian Sea through Turkey and Azerbaijan to Central Asia and China, will boost economic recovery in the region, Anadolu agency reported. Addressing the 9th

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KazMunaiGas crashes prepayment party to improve debt profile Energy

Read the rest of this TXF article here: http://www.txfnews.com/News/Article/5472/KazMunaiGas-crashes-prepayment-party-to-improve-debt-profile. For more high quality trade, export & agency, and commodity finance journalism and events, visit www.txfnews.com Kazakhstan’s state-owned KazMunaiGas (KMG), an umbrella company of several subsidiaries, is closing a $3

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Khazaria: A Forgotten Empire History

With the break-up of the Soviet Union and the troubles prevalent in the Balkans there has been much renewed interest in the early history of Eastern Europe. Troubles have fuelled nationalist tendencies in the region and there has been much

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