Azerbaijan: News Releases
Read news releases related to Azerbaijan.
Latest News Releases
ADB Approves First Private Sector Infrastructure Investment in Azerbaijan
ADB is providing EUR20 million to an integrated cement plant in Azerbaijan to expand output and improve fuel efficiency. The loan marks ADB's first ever private-sector infrastructure investment in the Central Asian nation.
CAREC Program Helping Bolster Regional Ties in Central Asia: ADB
Expanding transport, energy and trade links through regional cooperation to boost growth among the members of the Central Asia Regional Economic Cooperation community was highlighted at a seminar at ADB's 43rd Annual Meeting in Tashkent.
Photo Release: ADB Launches State-of-the-Art Atlas on Central Asia
Central Asia, standing at the crossroads of east and west, is a remarkable region. Largely landlocked, criss-crossed with unique dry lands, mountains, and globally important river systems, it is home to a true melting pot of ethnic groups and cultures. But it is also a region under pressure, beset by growing strains on its land, waterways, plants, animals and other natural resources.
ADB Expands Trade Finance Program in Azerbaijan
Five banks in Azerbaijan today signed trade finance agreements with ADB, a move that will help local companies conduct more international trade and become more closely integrated into regional and global business networks.
ADB to Provide $600 Million to Improve Key Uzbekistan Road Corridor
A key highway in Uzbekistan linking the Central Asian country to its neighbors is getting support from a $600 million ADB multitranche financing facility.
ADB Commends Uzbekistan for Promoting Central Asia Regional Cooperation
ADB President Haruhiko Kuroda on Tuesday praised Uzbekistan for its strong support for regional cooperation, saying that improved trade and transport links will help Central Asia reap the benefits of its strategic location.
ADB Announces Asia-Pacific Climate Change Video Contest
ADB has announced a new video competition - My View: The Asia-Pacific Climate Change Video Contest - to promote awareness of climate change, stimulate debate, and encourage climate change solutions in the lead-up to the 2009 United Nations Climate Change Conference in Copenhagen.
Asia-Pacific Must Invest Up to $9.7 Trillion by 2030 to Meet Energy Needs
The Asia and Pacific region must invest between $7 trillion and $9.7 trillion in the energy sector from 2005 to 2030 to meet the rapidly growing demand for energy in the region, according to a new report released by the Asian Development Bank.
ADB Officials in Central Asia to Promote Trade Finance Program
Private sector officials from ADB today completed a visit to Azerbaijan, Mongolia and Uzbekistan as part of ADB's push to expand its Trade Finance Facilitation Program throughout Central Asia.
Central Asian Governments Endorse Plans to Boost Integration, Trade
Ministers at the 8th Ministerial Conference on CAREC today endorsed two major plans to advance cooperation in the region's transport, trade and energy sectors.