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Tag Archives: Turkey

Turkey Offers Georgia to Trade in Local Currencies

President Erdogan repeats call for Turkey to convert mattress savings in foreign exchange into Turkish lira and gold. President Recep Tayyip Erdogan has said Sunday that Turkey has taken steps to do its foreign trade in its national currency. Speaking at an inauguration ceremony in the central province of Kayseri, …

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Chief of Turkey’s Beer Giant Anadolu Efes Resigns

Turkey’s largest beer maker Anadolu Efes has announced that Robin Michael Goetzsche, who has been serving as its president and CEO since November 2015, will be leaving his position as of Dec. 31. A statement to the Public Disclosure Platform (KAP) on Nov. 21 said Goetzsche will be leaving due …

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Azerbaijan-Turkey-Georgia Business Forum due in Istanbul

The fifth Azerbaijan-Turkey-Georgia trilateral business forum will be organized in Istanbul on November 16. Turkey is one of Azerbaijan`s largest trade and investment partners as it invested $10.1 billion in the country`s economy, including $2.6 billion in the non-oil sector, Azertac reported. Azerbaijan invested $7.9 billion in the Turkish economy. …

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EBRD Predicts Revitalization of the Region

EBRD Predicts Revitalization of the Region

European Bank for Reconstruction and Development (EBRD) predicts revitalization of the region despite the sustained high risks. TOP- 7  (2016●2017) Georgia 3,4% ●3,9% Azerbaiajn (3,0) ●1.0% Aremnia 2.0 ●2,0% Ukraine 1,5 ●2.0% Belorussia (3.0) ●1.0% Russia (0.6) ●1.2% Turkey 3.0 ●3.0% According to European Bank, South-Eastern Europe improves rating at the …

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Istanbul to Host Azerbaijan-Turkey-Georgia Business Forum

The fifth Azerbaijan-Turkey-Georgia business forum will be held on November 16 in Istanbul, said a message posted October 29 on the Turkish Foreign Economic Relations Board’s website. The forum will be attended by Azerbaijan’s Economy Minister Shahin Mustafayev, Georgia’s Minister of Economy and Sustainable Development Dimitry Kumsishvili, Turkey’s Economy Minister Nihat …

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Azerbaijan may Export up to 700 Million MW through Georgia

Azerbaijan may Export up to 700 Million MW through Georgia

Electricity export from Azerbaijan via the Azerbaijan-Georgia-Turkey energy bridge may reach 700 million megawatts, said Azerbaijani Energy Minister Natig Aliyev in his article published by the official press Oct. 20. “The work on the creation of the Azerbaijan-Georgia-Turkey energy bridge is continuing,” noted Natig Aliyev. “The project will allow integrating …

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Why Difficult to Connect Israel to Southern Gas Corridor?

Why Difficult to Connect Israel to Southern Gas Corridor?

The practicalities and specifically, the infrastructure needs of connecting Israeli gas to the Southern Gas Corridor will make it difficult to accomplish, Agnia Grigas, energy and political risks expert, non-resident senior fellow at the Atlantic Council, told Trend Oct.17. Earlier, Cemil Ertem, advisor to the Turkish president, said that Turkey …

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Russia to Discuss Gas Transit Through Turkey with EC

Russia to Discuss Gas Transit Through Turkey with EC

Russia will continue to stay in contact with the European Commission and the European Union countries regarding the feasibility of gas transit through Turkey, RIA Novosti reported citing Russian Energy Minister Alexander Novak. Undoubtedly, we will continue contacts with the European Commission and our counterparts from other countries in order …

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