WTO Knew Nothing about “Trade War” between Ukraine and Russia
Ukraine and Russia have decided to resolve independently the current custom’s situation about the export of goods and not to ask for the assistance of the World Trade Organization. READ MORE
Heads of Azerbaijan, Kazakhstan, Kyrgyzstan and Turkey welcome increased cooperation between Turkic-speaking states
Presidents of Azerbaijan, Kazakhstan, Kyrgyzstan and Turkey welcomed the increased cooperation between the Turkic-speaking countries in the declaration adopted at the third Summit of the Cooperation Council of Turkic-Speaking States in Gabala. READ MORE
GAS COLLISIONS BETWEEN BAKU AND BRUSSELS
Experts are talking about the defeat of the EU, as Nabucco even as Nabucco West - has remained on paper. With TAP pipeline EU got the chance to direct supplies from the Caspian Sea 10 billion cubic meters of gas per year from 2019-th. But it will apply only to the two countries - EU member states through which the pipeline will pass - Greece and Italy. Having given the benefit of TAP, Azerbaijan lost the chance to get to Central Europe, where there will be a positive growth of gas consumption. The State Oil Company of Azerbaijan, or SOCAR, as a group of Western companies - participants of the Shah Deniz consortium and TAP, frankly scared to compete with "Gazprom". But for Baku it is not only in the gas.
