Turkic-speaking countries sign trade, economic accords
May 14, 2022
This project is being developed in the framework of the Eastern Partnership (EaP), which was launched in 2009 in order to deepen and strengthen relations between the European Union (EU), its Member States and its six Eastern neighbours (Armenia, Azerbaijan, Belarus, Georgia, Moldova and Ukraine). The EU4BCC project aims to support sustainable economic development and job creation in the EaP countries by helping SMEs to grow – especially by promoting increased trade, encouraging inward investment and fostering business links with companies in the EU. In this framework, a call for proposals has been launched in the beginning of July. The objective of this call for proposals is to identify, for each economic sector EU4BCC project addresses, a partnership of EU and EaP Business Support Organisations having a keen and common interest in elaborating, managing and implementing actions under the supervision of the relevant Sectorial Consortium.
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Nov 14, 2022
Sector-Specific EU Business Mission to Nakhchivan
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EU Business Mission to Nakhchivan part of EU-Azerbaijan BusinessForum 2020-2022 assignment.
Jun 09, 2022
The EU project implemented by UNDP held the first “Ideathon on Agrinnovation” in Lankaran
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EU4Lankaran supports the youth and innovation in agriculture in Lankaran/Astara economic region.
May 16, 2022
INVESTMENT AGREEMENT SIGNED BETWEEN AZERBAIJAN INVESTMENT COMPANY AND BALACANS AGRO FOOD LLC
News
As a result of the successful socio-economic policy of the head of the state, a favorable business environment has been created in our country. Systematic measures carried out towards the sustainable development of the non-oil economy, effective mechanisms applied to support investments, increase production and export potential also open wide opportunities for business development in the regions.
May 15, 2022
The "Youth Business Workshop" project was launched in Gabala
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The goal of the “Youth Business Workshop” project, implemented jointly by KOBIA, the State Employment Agency and the State Agency for Vocational Education, is to develop business skills, promote entrepreneurship, ensure self-employment among young people receiving vocational training, increase the number of young people receiving vocational training among micro and small entrepreneurs, support new business initiatives, increase interest in vocational education.
May 15, 2022
Eurovillage 2022 in Baku: join the celebrations on 14 May
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The EU Delegation to Azerbaijan invites Baku residents to take part in the Eurovillage 2022 this Saturday, 14 May. The main theme of the event is the EU in Baku, the European Youth Year 2022 and the Healthy Lifestyle for All Campaign (H4ALL).
May 14, 2022
Which products became more expensive in April?
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In April this year, inflation in Azerbaijan was recorded at 1% against 1.1% in March.
May 13, 2022
COVID-19: the EU's response to the economic fallout
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EU recovery funds to reach 24 EU countries. So far, 24 EU countries have got the green light for the use of EU recovery and resilience funds to boost their economies and assist the recovery from COVID-19.
Mar 16, 2022
EU and UNDP launch new Mayors for Economic Growth Facility in Azerbaijan
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On 14 March 2022 the European Union and the United Nations Development Programme (UNDP) in Azerbaijan have launched the new Mayors for Economic Growth Facility (M4EG). The M4EG Facility will run up to 2024 and aim at sustainable development throughout the Eastern Partnership (EaP) region.
Mar 15, 2022
Europe's economy bounces back from a double-dip recession
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EU countries emerged from a double-dip recession in the second quarter with a growth of 1.9% more than the quarter before, according to figures released by Eurostat. The economy in the 19 countries that use the euro currency grew by 2%.
Feb 24, 2022
Italy pays homeowners 110% of costs to eco-proof their homes
News
While homeowners in the UK were considering a government offer of £5,000 (€5927) towards a heat pump last week, residents in Italy have been enjoying a much more rewarding scheme.
Nov 23, 2021
EU parliament gives green light to agricultural reforms
News
he European Parliament has approved reforms to the EU's Common Agricultural Policy (CAP), after nearly three years of negotiations. This latest round of changes is intended to be more climate-friendly by strengthening biodiversity and adhering to the bloc's latest climate commitments.