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TANAP Important for Turkey to Reduce Dependence on Russia

TANAP

The Trans-Anatolian Natural Gas Pipeline (TANAP) project is important, especially for Turkey, Georgia and European countries, as it will reduce dependence on other gas resources from places such as Russia, according to Azerbaijan’s energy minister. “The TANAP project is important not only because it supplies a significant volume of gas …

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Over 35 mln Passengers Traveled Through Turkish Airports in 2017 Q1

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More than 35.5 million air travelers went through Turkey’s airports in the first three months of 2017, according to statistics released by the General Directorate of State Airports Authority. The number of passengers on international flights fell 7 percent year-on-year to almost 12.5 million in the first quarter. In the …

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CEO of the BitFury Group to Report at Blockchain & Bitcoin Conference

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The annual Moscow-based Blockchain & Bitcoin Conference will feature a presentation of the legendary blockchain entrepreneur, founder of BitFury Group, Valery Vavilov. He will focus on blockchain as a new technological revolution. Media presents news about yet another large-scale BitFury project every two weeks. Shortly before its fifth anniversary, the …

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Azerbaijan may Cancel Interest Rate Limit for Insured Deposits

Azerbaijan may Cancel Interest Rate Limit for Insured Deposits

Azerbaijan may cancel the uppermost limit of the interest rate for insured deposits of individuals, Azad Javadov, executive director of the Azerbaijan Deposit Insurance Fund (ADIF), told Trend. He said this can be done through expanding ADIF mandate and amending Azerbaijan’s legislation. The head of the Fund noted that these …

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Trans-Caspian Route Prospective for Azerbaijan, Kazakhstan

Trans-Caspian Route Prospective for Azerbaijan, Kazakhstan

Implementation of the Trans-Caspian International Transport Route project opens great prospects for Azerbaijan and Kazakhstan, Vladimir Telnov, deputy director of the Institute of Public Policy for the Kazakh ruling Nur Otan Party, said. He made the remarks Apr. 4 during the Baku-Astana video conference following the official visit of Kazakh …

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EU Parliament Approves Ukraine Visa Waiver

People hold up Georgian (L) and Ukrainian flags during celebrations for the signing of an association agreement with the European Union in Tbilisi, Georgia, June 27, 2014. REUTERS/David Mdzinarishvili/File Photo

Ukrainian citizens will be exempted from EU short-stay visa requirements, after Parliament endorsed an informal deal with the Council on Thursday. Under the new law, Ukrainians who hold a biometric passport will be able to enter the EU without a visa for 90 days in any 180-day period, for tourism, …

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Revisions Needed for AGRI Project’s Feasibility Study

Revisions Needed for AGRI Project’s Feasibility Study

Azerbaijan-Georgia-Romania Interconnector (AGRI) project is not just an issue of strategic thinking; it is first of all an issue of commercial interest, says Romanian ambassador to Georgia Radu Liviu Horumba. “For the moment, we have discussed the feasibility study that was done and this discussion continues at the governmental level,” …

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A Turkish Court Has Temporarily Shut Down Booking.com

A Turkish Court Has Temporarily Shut Down Booking.com

A Turkish court halted the activities of online travel agent Booking.com in a court case alleging the website had violated Turkish competition law, the Association of Turkish Travel Agencies (TURSAB) said on Wednesday. The ruling by a court in Istanbul comes as a result of a 2015 case opened by …

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