AZERBAIJAN & CHINA OPPORTUNITIES
Xinhua wrote, China and Azerbaijan have pledged to expand joint export and investment opportunities in a memorandum signed between the Azerbaijan Export and Investment Promotion Foundation (AZPROMO) and China Council for the Promotion of International Trade (CCPIT) on Saturday, according to local Azertac News Agency.
A memorandum of understanding which provides the expansion of joint export and investment opportunities between Azerbaijan and China, as well as exchanging experience in the export and foreign investment promotion of understanding, was signed here in Baku by AZPROMO and CCPIT officials.
Azerbaijan and China opened a new page in their relations after President Ilham Aliyev visited China in December 2015.
China is a huge opportunity and a priority market for Azerbaijan. More than 50 agreements have been signed between the two countries so far. Azerbaijan Export and Investment Promotion Foundation has recently opened a representative office in China to support and encourage relations between the two countries' businessmen, as well as expand Azerbaijan's exports to the Chinese market and attract China's leading investment funds to the Azerbaijan economy.
The two states share a common interest in boosting the collaboration and partnership, as the rapid rise of China and Azerbaijan, and the growing integration between them, has a clear boost for regional projects.
Trade turnover between the two countries amounted to 272.55 million manats in the first half of 2016, while the export of Azerbaijani goods to China accounted for 14.66 million manats, according to the State Customs Committee of Azerbaijan.
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REUTERS - State oil company Saudi Aramco last week raised prices for all crude oil grades to Asia in January.
U.S. BLS - Total nonfarm payroll employment increased by 228,000 in November, and the unemployment rate was unchanged at 4.1 percent, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in professional and business services, manufacturing, and health care.
Отклонение нефтегазовых доходов федерального бюджета от месячной оценки, соответствующей Федеральному закону о федеральном бюджете на 2017-2019 годы, в декабре 2017 года прогнозируется в размере +204,8 млрд руб.
“Tight oil supplies are the wild card. They have reshaped the global outlook in recent years,” observed Ayed S. Al-Qahtani, who directs the research division at the OPEC Secretariat in Vienna. “US tight oil supplies will be the most important contributor but are expected to reach their peak around 2025.”