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2016-08-08 18:35:00

AZERBAIJAN & CHINA OPPORTUNITIES

AZERBAIJAN & CHINA  OPPORTUNITIES

 

AZERBAIJAN OIL GAS MAP

 

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.

-----

Earlier: 

CHINA: 

SAUDI FIND CHINA 

CHINESE - NIGERIAN AGREEMENTS: $80 BLN 

CHINESE - PHILIPPINE DISPUTE 

RUSSIAN-CHINESE PROJECT 

CHINEESE MONEY FOR RUSSIA 

 

 

AZERBAIJAN: 

TAP WILL RUN 

WBG BUYS AZERBAIJAN 

AZERBAIJAN NEED $30 BLN 

AZERBAIJAN NEED GAS 

AZERBAIJAN AIMS FOR 50 BLN

 

 

Tags: CHINA, AZERBAIJAN, OIL, GAS, INVESTMENT

Chronicle:

AZERBAIJAN & CHINA  OPPORTUNITIES
2018, June, 22, 13:10:00

THE LARGEST VENEZUELA'S OIL

U.S. EIA - Venezuela holds the largest oil reserves in the world, in large part because of the heavy oil reserves in the Orinoco Oil Basin. In addition to oil reserves, Venezuela has sizeable natural gas reserves, although the development of natural gas lags significantly behind that of oil. However, in the wake of political and economic instability in the country, crude oil production has dramatically decreased, reaching a multi-decades low in mid-2018.

AZERBAIJAN & CHINA  OPPORTUNITIES
2018, June, 22, 13:05:00

U.S. DEFICIT UP FROM $116.1 BLN TO $124.1 BLN

U.S. BEA - The U.S. current-account deficit increased to $124.1 billion (preliminary) in the first quarter of 2018 from $116.1 billion (revised) in the fourth quarter of 2017, according to statistics released by the Bureau of Economic Analysis (BEA). The deficit was 2.5 percent of current-dollar gross domestic product (GDP) in the first quarter, up from 2.4 percent in the fourth quarter.

AZERBAIJAN & CHINA  OPPORTUNITIES
2018, June, 22, 13:00:00

EUROPE'S NUCLEAR INVESTMENT : €50 BLN

WNN - There are 126 operational power reactors in 14 EU Member States, providing more than one-quarter of the bloc's total electricity production. In its Communication on the Nuclear Illustrative Program (PINC) published last year, the European Commission expects nuclear to maintain its significant role in Europe's energy mix up to 2050. This would require investment of some EUR40-50 billion (USD46-58 billion) in nuclear LTO by 2050.

AZERBAIJAN & CHINA  OPPORTUNITIES
2018, June, 20, 13:15:00

OIL PRICE: ABOVE $75

REUTERS - Benchmark Brent crude LCOc1 was up 50 cents at $75.58 a barrel by 0835 GMT. U.S. light crude CLc1 was 50 cents higher at $65.57.

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