Visa Facilitation Negotiations between EU and Azerbaijan Started

Visa Facilitation Negotiations  between EU and Azerbaijan Started Azerbaijan and the EU begin negotiations on agreements on visa facilitation and readmission in Baku on March, 01, 2012. Azeri chief negotiator deputy foreign minister Mahmud Mammadguliyev appreciated that the beginning of this process is an important step in cooperation with the EU. The negotiations are aimed at simplifying the transit of Azerbaijan and EU citizens, the fight against... Read More

Azerbaijan Economy in 2012; expectations and challenges

Azerbaijan Economy in 2012; expectations and challenges Official forecasts for Azerbaijani economy in 2012 seem quite optimistic. According to Ministry of Economic Development reports although downturn in world economy. The Government of Azerbaijan (GoA) targets 5,7 % GDP Growth in 2012 meanwhile The Central Bank’s monetary policy is announced keeping inflation to single digits. Meanwhile, International Monetary Fund (IMF) projected at 7,1 % Azerbaijan’s... Read More