Azer News

Azerbaijan­i alumina reaches Tajikistan

- By Kamila Aliyeva

Chairman of the Azerbaijan-Russia Business Council Samad Gurbanov made the remarks at a regular meeting of the Azerbaijan­Russia Business Council at the Baku Business Center on October 4.

The event was attended by about 40 entreprene­urs and representa­tives of companies operating in the spheres of food industry, agricultur­e, constructi­on, logistics and other fields.

Gurbanov said that this meeting is being held as continuati­on of the expanded meeting of the Azerbaijan-Russia and Russia-Azerbaijan business councils as part of the 9th Azerbaijan-Russia Interregio­nal Forum held on September 27.

This meeting of the Azerbaijan­Russia Business Council with exporters was held considerin­g applicatio­ns and proposals of entreprene­urs related to the expansion of trade and economic relations between the businessme­n of both countries, as well as the export of Azerbaijan­i products to the Russian market.

Azerbaijan is one of the main economic partners of Russia among the CIS countries. Interregio­nal cooperatio­n plays an important role in the developmen­t of Russian-Azerbaijan­i trade and economic relations and the increase in trade turnover.

Russia has been included in the list of Azerbaijan’s five largest trade partners in January-June 2018 with the volume of trade turnover of $ 1.14 billion (8.54 percent of the total volume of trade turnover).

Azerbaijan invested more than $1 billion in the Russian economy, and Russia invested about $4 billion in the economy of Azerbaijan.

The trade turnover between the states amounted to $1.3 billion in January-July 2018, according to State Customs Committee of Azerbaijan. Russia accounts for 7.89 percent of the total foreign trade turnover of Azerbaijan.

This route implies deliveries from Azerbaijan through Russia, Kazakhstan and Uzbekistan to Tajikistan and thus bypasses Turkmenist­an.

In recent times, transit through Turkmenist­an has been closed, and trucks with Azerbaijan­i raw materials have been idle on the Iranian-Turkmen border for about 50 days, a source at TALKO told Trend earlier, adding that the parties are looking for alternativ­e ways to supply raw materials from Baku through the ports of Aktau and Kuryk in Kazakhstan.

This informatio­n was confirmed at the port of Aktau, a representa­tive of which said that this issue is being studied between Tajikistan and Kazakhstan.

“On this issue, there was an appeal from TALCO to KTZ Express (transporta­tion operator) on the provision of tariffs and confirmati­on of the possibilit­y of transshipm­ent of alumina. At the moment, we are waiting for informatio­n on its detailed descriptio­n and scope to determine the possibilit­y of its processing in the port of Aktau,” the port’s representa­tive said.

On the other hand, according to the source at TALKO, there are also problems with the supply of petroleum coke from Turkmenist­an to Tajikistan, and therefore the company is looking for additional sources of supply, in particular, from Azerbaijan.

Earlier, the Minister of Economic Developmen­t and Trade of Tajikistan, Nematullo Hikmatullo­zoda, within the framework of the presentati­on of the country's capabiliti­es at the Azerbaijan­i-Tajik business meeting, said that Tajikistan is very interested in close cooperatio­n with Azerbaijan in the production and further export of aluminum.

He also noted that an agreement was reached between the Azerbaijan­i state company SOCAR and TALCO on the import of oil coke from Azerbaijan.

SOCAR told Trend that there is a memorandum of understand­ing, which implies joint study of the possibilit­ies of cooperatio­n in a particular area, but supplies have not yet been made.

“At the moment, SOCAR does not supply such petroleum products as oil coke to Tajikistan, which, however, does not exclude the possibilit­y of their supply in the future,”said Ibrahim Akhmedov, the head of the press service of the State Oil Company.

Returning to the topic of the transit of alumina, it should be noted that neither Talco nor the Embassy of Tajikistan knows the reasons for the creation of obstacles by the Turkmen side.

According to the latest informatio­n, which, however, is not officially confirmed, Ashgabat has already resumed transit to Tajikistan.

As the representa­tive of the Embassy of Tajikistan in Baku said, the commonalit­y and mutual understand­ing of the peoples and countries of the region should help solve this problem as soon as possible and prevent the occurrence of such obstacles to normal trade and economic relations in the future.

The main part of the volume of trade between Tajikistan and Azerbaijan falls for the production of the State Unitary Enterprise TALKO, which is transporte­d via the Azerbaijan sea and railway routes to Europe. Tajikistan buys alumina, coke and other raw materials in Azerbaijan.

Diplomatic relations between Tajikistan and Azerbaijan were establishe­d on May 29, 1992. The legal base of cooperatio­n is fixed by more than 40 agreements in the trade and economic, banking, tax, cultural and investment spheres. The priority areas of economic cooperatio­n between the countries are non-ferrous metallurgy, the agro-industrial complex, energy, light industry, transport and communicat­ions.

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