Uzbekistan and Azerbaijan are deepening their economic and political ties, with joint ventures increasing fivefold and trade turnover tripling in just five years, signaling a new strategic phase in bilateral cooperation.
According to Uzbekistan’s ambassador to Azerbaijan, Bahrom Ashrafkhanov, the number of joint ventures between the two countries has grown fivefold, highlighting a rapid expansion in economic collaboration. Speaking at the second session of the Azerbaijan-Uzbek expert council, he noted that Uzbekistan now hosts 540 companies with Azerbaijani capital, while about 70 Uzbek enterprises operate in Azerbaijan. Key projects include automotive production, textile and silk-growing clusters, as well as gypsum board and jewelry manufacturing.
Trade turnover has reached $255 million—three times the volume of five years ago—with the aim to boost it to $1 billion. A 20-point cooperation program has been adopted, focusing on green energy exports to Europe via Azerbaijan and the development of strategic transport corridors.
U.S. President Donald Trump has invited newly inaugurated Polish President Karol Nawrocki to the White House for an official working meeting on 3 Sept...
Thousands gathered in Nagasaki on Saturday to commemorate the 80th anniversary of the city’s atomic bombing, with Mayor Shiro Suzuki warning that on...
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 9th of August, covering the latest developments you need to kn...
Ukrainian President Volodymyr Zelenskyy on Saturday reaffirmed that Ukraine would not cede any of its territory, stressing that “Ukrainians will not...
Kazakhstan has started construction of its first nuclear power plant near Ulken village, with completion expected in 2035-2036....
Thousands gathered in Nagasaki on Saturday to commemorate the 80th anniversary of the city’s atomic bombing, with Mayor Shiro Suzuki warning that ongoing global conflicts risk bringing the world to the brink of nuclear war.
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 9th of August, covering the latest developments you need to know.
Ukrainian President Volodymyr Zelenskyy on Saturday reaffirmed that Ukraine would not cede any of its territory, stressing that “Ukrainians will not give their land to occupiers”.
Kazakhstan has started construction of its first nuclear power plant near Ulken village, with completion expected in 2035-2036.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
China and the Association of Southeast Asian Nations will send an upgraded ‘version 3.0’ free-trade agreement to their heads of government for approval in October, Chinese Foreign Minister Wang Yi said on Saturday after regional talks in Kuala Lumpur.
A resumption of Iraq’s Kurdish oil exports is not expected in the near term, sources familiar with the matter said on Friday, despite an announcement by Iraq’s federal government a day earlier stating that shipments would resume immediately.
Chinese automaker Chery has denied an industry-ministry audit that disqualified more than $53 million in state incentives for thousands of its electric and hybrid vehicles, insisting it followed official guidance and committed no fraud.
Kazakhstan has started construction of its first nuclear power plant near Ulken village, with completion expected in 2035-2036.
The European Union warmly welcomes the meeting between Azerbaijani President Ilham Aliyev and Armenian Prime Minister Nikol Pashinyan, hosted by U.S. President Donald Trump, European Council President António Costa and European Commission President Ursula von der Leyen said in a joint statement
President of the Republic of Azerbaijan Ilham Aliyev gave an interview to a select group of Azerbaijani journalists in Washington on August 8, including our correspondent Oubai Shahbandar.
A Russian drone attack on Ukraine’s southern Odesa region has damaged an oil depot belonging to Azerbaijan’s state oil company, SOCAR, and left four people injured, industry sources told Reuters.
During President Ilham Aliyev’s visit to Washington, officials from Azerbaijan and the United States discussed expanding economic collaboration and boosting strategic innovation partnerships.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment