Azer­bai­jani alu­mina reaches Ta­jik­istan

Azer News - - Business - 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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