Azerbaijan Economy in the first two months of 2017; Brief Overview

Azerbaijan Economy in the first two months of 2017; Brief Overview CESD- Center for Economic and Social Development concluded its macro-economic survey results for the first two months of 2017. Both independent and official reports show that GDP slightly increased in the reporting period. According to the State Statistic Committee of Azerbaijan, GDP increased by 0.4 % in the first two months of 2017 compared with the period of 2016 since CESD calculations found out only 0.1 %... Read More

The CESD Working Paper: The cost of Azerbaijan’s leaving the EITI

The CESD Working Paper: The cost of Azerbaijan’s leaving the EITI On March 9, Azerbaijan’s membership in the Extractive Industries Transparency Initiative (EITI) was suspended, during the 36th EITI Board Meeting held in Bogota, Colombia. Following the decision on the suspension, Shahmar Movsumov, executive director of the State Oil Fund of Azerbaijan (SOFAZ), chairman of the government commission on EITI and chairman of the EITI Multi-stakeholder Group, made an official announcement... Read More

Ambassador of the Kingdom of the Netherlands visited the CESD office

Ambassador of the Kingdom of the Netherlands visited the CESD office H.E. Mr. Onno Kervers, Ambassador Extraordinary and Plenipotentiary of the Kingdom of the Netherlands visited the Center for Economic & Social Development (CESD) on March 7, 2017. The new post of his excellency to Azerbaijan was the reason of his visit to CESD, in order to meet in person the staff of the center and to explore possible cooperation prospects. During the meeting the experts of CESD introduced... Read More

The Monthly EaP Think Bridge Report

The Monthly EaP Think Bridge Report As for political life, January is traditionally a lull month for the Eastern Partnership. However, despite of long holidays and endless days off, the beginning of the year gave a start to the processes that will be important for further developments in the region. Download the English version of the report here Download the Russian of the report here  Read More

Azerbaijani Oil Income in February 2017

Azerbaijani Oil Income in February 2017 The State Oil Company of Azerbaijan Republic (SOCAR) reports that the company exported 79,841 thousand tons of crude oil from the Russian port of Novorossiysk, 349,272 thousand tons of crude oil from the Georgian port of Supsa and 1,323 million tonnes of crude oil from the Turkish port of Ceyhan in February 2017. According to the SOCAR’s report 159,777 thousand tons of crude oil were exported from the Russian port of Novorossiysk, 525,382... Read More