Kazakhstan and China have signed over $15 billion worth of commercial agreements, marking a significant milestone in the growing economic partnership between the two nations, Azernews reports.
Day: September 3, 2025
For over a decade, the Azerbaijani government has identified the diversification of its economy as a top national priority. While oil and gas have historically been the backbone of the economy, volatility in global energy markets and the broader need for sustainable development have prompted a deliberate shift toward non-oil sectors such as agriculture, manufacturing, petrochemicals, information technology, green energy, and logistics.
This policy is clearly paying dividends. According to the latest “Export Review” published by the Center for Analysis of Economic Reforms and Communication, non-oil exports rose by 11.4% in the first seven months of 2025 compared to the same period in 2024, reaching…
President Aliyev watches China’s parade dedicated to 80th anniversary of WWII victory Latest news from Azerbaijan
Smartphone manufacturers around the world are preparing to raise prices on upcoming devices. According to industry sources, the main reason is an increase in production costs — Taiwan’s TSMC (Taiwan Semiconductor Manufacturing Company) has notified its partners of a 5–10% price hike on its chips, Azernews reports.