News/Press

Caption: Azerbaijan has set nine targets for agriculture by 2020
The government of Azerbaijan has set nine strategic targets for the production and processing of agricultural products. The 2016-2020 strategic roadmap for the sector aims to create a favourable environment for the production and processing sector of competitive agricultural products, based on principles of sustainable development. Among its targets by 2020, the roadmap aims to see the creation...
The launch of the new project on ‘Development of competiveness in key non-oil manufacturing sectors of the economy of the Republic of Azerbaijan’
A two-year project aimed at developing competiveness in key non-oil manufacturing sectors of the economy in Azerbaijan was launched on 20 September, 2017. Funded by the European Union, the project is implemented by the Latvian Chamber of Commerce and Industry. The project will support the government of Azerbaijan in its effort to diversify and broaden the growth base of its economy, a challenge...
Farid Malikov (centre), executive director of PESI in Azerbaijan, visits a facility in Slovakia as part of his training with the Slovak Chamber of Trade and Industry  (Trenčín branch) in the frame of the BSO Exchange scheme as part of the East Invest 2 programme of the EU4Business initiative.
The Slovak Chamber of Trade and Industry (Trenčín branch) has been helping an Azerbaijani business association understand better how it can contribute to creating a successful vocational education and training (VET) system in Azerbaijan. Farid Malikov, executive director of the Partnership for Economic and Social Initiatives (PESI) in Azerbaijan, an independent think tank on the market economy...
Event “Eastern Partnership: Ready to Trade” in Baku
By International Trade Center News EU-funded project to improve competitiveness of small and medium-sized enterprises in Azerbaijan and other Eastern Partnership countries. (Baku/Geneva) – A project to boost the competitiveness of small and medium-sized enterprises (SMEs) in Azerbaijan and connect them to global value chains was today launched in Baku. The ‘Eastern Partnership: Ready to Trade –...
Participants at the East Invest 2 Annual Partner Conference 2017
21 June 2017, Kiev More than 100 business support organisations (BSOs) representatives from Armenia, Azerbaijan, Belarus, Georgia, Moldova, Ukraine and the EU Member States gathered in Kiev today for the final conference of the EU funded East Invest project. Participants discussed private sector's engagement in policymaking across the Eastern Partnership (EaP) countries and showcased East Invest...
The EU has allocated €14.5 million to Azerbaijan as part of the country’s regional development programme. It envisages a wide range of measures, from twinning and technical assistance to the creation of a business information system in rural area s, improved support for the development of SMEs in rural areas and family farming, the introduction of agriculture consulting services system, and...
The EU intends to expand dialogue and cooperation with Azerbaijan as the two parties begin negotiations for a comprehensive new partnership agreement that will better address their shared challenges, said Christian Danielsson, director general for neighbourhood and enlargement negotiations at the European Commission. Mr Danielsson was speaking during a meeting with his Azerbaijani counterpart...
The bilateral assistance package underpins the forthcoming negotiations of a new bilateral agreement.
The European Union (EU) announced a new assistance package to Azerbaijan. The € 13.5 million will help diversify Azerbaijan’s economy by providing assistance in the areas of finance, economics and judicial governance. The €13.5 million bilateral assistance package will go towards: enhancing the competitiveness of Azerbaijan’s small and medium sized enterprises (SMEs). promoting new export...
EU announces €13.5 m package for Azerbaijan
The new funding aims to continue support for economic diversification in the areas of financial, economic and judicial governance and boost SME competitiveness and export possibilities The EU has announced a €13.5 million targeted assistance package to enhance the competitiveness of, and export opportunities for, small and medium-sized businesses in Azerbaijan, as well as improving the business...
EU is Azerbaijan's main trade partner
Azerbaijan
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Forty-seven percent of all Azerbaijan’s trade was with the EU last year, says the country's European Integration Minister Azerbaijan is playing an important role in assuring Europe's energy security and is maintaining strong cooperation with the European Union through investment and exchange programmes, such as twinning and the Technical Assistance and Information Exchange Instrument (TAIEX)...