ECONOMY HEADLINE

NEWS

US sells over $1 billion worth of Venezuelan oil

— ECONOMY, ECONOMY HEADLINE
US sells over $1 billion worth of Venezuelan oil. Elchi.az reports that US Energy Minister Chris Wright said this in an interview with NBC News. “The US has already sold more than $1 billion worth of Venezuelan oil, and additional sales of approximately $5 billion are expected in the coming months,” he said.
NEWS

CAREC starts negotiations on trade and investment facilitation with Azerbaijan’s participation

— ECONOMY HEADLINE, SELECTED NEWS
The Central Asia Regional Economic Cooperation (CAREC) program plans to launch negotiations on the Partnership Agreement on Trade and Investment Procedures Facilitation (CARTIF) in early 2026, aimed at forming a legal framework for the movement of goods, services, and capital across the borders of the region’s countries, including Azerbaijan. Elchi.az reports with reference to an […]
NEWS

Head of state: Azerbaijan’s non-oil and gas industry has increased by almost 8 percent

— ECONOMY, ECONOMY HEADLINE
Azerbaijan’s non-oil and gas industry has increased by almost 8 percent. Elchi.az reports that this was stated by Azerbaijani President Ilham Aliyev on February 9 while receiving a delegation headed by Kush Choksi, Senior Vice President for International Affairs, Middle East and Turkey at the US Chamber of Commerce. “By the way, diversifying the economy […]
NEWS

US Chamber of Commerce Invites President Ilham Aliyev to Washington for Meeting with Business Community

— ECONOMY HEADLINE, HEADLINE
Kush Choksi, Senior Vice President for International Affairs, Middle East and Turkey at the US Chamber of Commerce, has invited Azerbaijani President Ilham Aliyev to Washington to meet with a larger delegation representing his country’s business community. Elchi.az reports that he said this during the reception of the President of Azerbaijan. “There is a lot […]
NEWS

Ilham Aliyev: Hotel business has great potential in Azerbaijan

— ECONOMY HEADLINE, SOCIETY
Hotel business has great potential in Azerbaijan. Elchi.az reports that Azerbaijani President Ilham Aliyev said this on February 9 while receiving a delegation headed by Kush Choksi, Senior Vice President for International Affairs, Middle East and Turkey at the US Chamber of Commerce. The head of state said that a lot of work has already […]
NEWS

Azerbaijan Closely Cooperates with Visa

— ECONOMY HEADLINE
I have received information from our government agencies about very productive cooperation with Visa, and we are pleased with that. Elchi.az reports that this was stated by Azerbaijani President Ilham Aliyev on February 9 while receiving a delegation headed by Kush Choksi, Senior Vice President for International Affairs, Middle East and Turkey at the US […]