Talks between EU and Azerbaijan on Visa Facilitation and Readmission Agreement will be launched early next year

Talks between EU and Azerbaijan on Visa Facilitation and Readmission Agreement will be launched early next year “I expect talks on visa facilitation and readmission agreements to be launched early next year, provided of course the preparatory work is done and the EU Member States give the Commission the mandate to start. This is clearly a priority issue for us, as it brings our people and societies closer together”- mentioned Catherine Ashton, High Representative of the EU... Read More

The oil GDP dropped by 7.8% in Azerbaijan

The oil GDP dropped by 7.8% in Azerbaijan In January-October of 2011, the GDP volume of Azerbaijan made up $51.748bn. The State Statistical Committee of Azerbaijan announced that is a a growth of 0.3% or AZN 95.8m in comparative prices over GDP in the reporting period of 2010. AZN27.8bn or 68.4% of GDP was formed through production, AZN 10.5bn or 25.7% in services, AZN 2.4bn (5.9%) through net taxes in production and import. The oil GDP dropped by 7.8% and nonoil grew by 8.6%.... Read More