AZPROMO ended last year with net profit

The Azerbaijan Export & Investment Promotion Agency (AZPROMO) under the Ministry of Economy completed 2022 with profit of AZN 1.225 million.

Azerbaijan to sell cigarettes for $13 million a year to Georgia

Japan Tobacco International (JTI) and Tabaterra CJSC, the largest cigarette manufacturer in Azerbaijan, agreed to start production of global brands of JTI cigarettes at the Tabaterra factory for export to Georgia.

Will prices of medicines fall in Azerbaijan?

The main purpose of the amendments to the Law on Medicines is to optimize prices in the market of medicines and, in particular, to prevent growth of prices for medicines, the prices of which have recently increased

Azerbaijan observes shortage of medicines

One of the main causes of shortage of medicines is instability in the international market.

Azerbaijan and Türkiye to introduce new customs privileges

Countries that sold most of all gold in May

According to preliminary data, the world's central banks sold 27.4 tons of gold from gold and foreign exchange reserves in May 2023.

Oriflame has reduced its employees in Russia by 32%

Swedish cosmetics & perfumery manufacturer Oriflame, which sells products by direct sales, reduced the number of staff by 32% in 2022.

New head of Baku Main Customs Department appointed

The new head has been appointed at the Baku Main Customs Department.

Fairy breaks rules of advertising

Procter LLC & Gamble Azerbaycan Servisleri in Azerbaijan allowed unfair competition when advertising its product.

Tariff Council to review drug prices

The main purpose of the amendments to the Law on Medicines is to increase the range of medicines and ensure their availability.

A new pawnshop created in Baku

A new pawnshop company has been established in Baku.

Bread has risen in price in Iran

Prices for flour and flour products, including bread, have increased in Iran.

EU states exported pharmaceutical products to Azerbaijan for almost €58 million

The EU countries delivered 1,259 tons of pharmaceutical products to Azerbaijan for Jan-Apr 2023 (0.7% less versus Jan-Apr 2022)

Medicines may become cheaper in Azerbaijan

Prices for medicines registered in Azerbaijan in all pharmacies can again be sold at different prices.

Türkiye finished exports with a historic record on June 23

On June 23, Türkiye completed exports with a historical record

Bread prices in Azerbaijan have fallen

There is decrease in bread prices in Azerbaijan.

State–run companies with the largest exports for Jan-May

Azerbaijan's export potential for Jan-May and the list of companies have been published.

Azerbaijan exported non-oil goods for $118.8 million to Russia in May

Azerbaijan's non-oil exports amounted to $278.2 million for May 2023.

This year, most of all non-oil sector goods exported to Türkiye

Azerbaijan exported non-oil goods for $464.6 million to Türkiye for Jan-May 2023.

Azerbaijan's non-oil exports carried for $1.5 bn this year

Are doctors' deals with pharmaceutical companies being terminated?

Control over doctors' transactions with pharmaceutical firms will be tightened.