President Ilham Aliyev says Azerbaijan will maintain the exchange rate of 1.7 manats per U.S. dollar, citing a positive trade balance, low external debt and strong reserves.
SOCAR and ExxonMobil have signed a production-sharing agreement for unconventional hydrocarbon resources in Azerbaijan’s Middle Kura basin, with each side holding 50%.
A Milli Majlis commission alleged that a coordinated social-media campaign operating from Turkey is seeking to damage Azerbaijani institutions and bilateral ties.
The Otman-Bozdag mud volcano erupted near the boundary of Azerbaijan’s Garadagh and Gobustan districts, producing flames and an apparent fire column.
Documents covering more than $10 billion in potential investments were signed at the Second Azerbaijan International Investment Forum, an Azerbaijani presidential aide said.
