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AHK Azerbaijan Newsletter | 15.03.2022
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Dear AHK member,
we kindly invite you to the next meeting of the HR and VET Working Group of AHK Azerbaijan on Wednesday, 16 March 2022 from 15:00 to 16:30 (GMT+4, Baku) which will be held online over Zoom.
The event will be focused on how to put human resources at the decision-making table. We will be joined by the regional representatives of Boyden Executive Research - Dr Robert Winterhalter, Mr Birger M. Svendsen and Ms Sylke Sergel who are specialised in human resources and global cross-sector practices.
Bringing together more than 60 years of research and experience, they will be sharing their valuable perspective in this field with the participants and will touch upon the following topics: - The Boyden HR senior executive survey;
- CHRO’s and the future organisation;
- What does it take to become a strategic business partner;
- Integrating HR in the business planning process.
The meeting is for AHK members only and is free of charge. The event will be held in English will be simultaneously translated into Azerbaijani. The link and password to participate in the meeting will be shared with you one day in advance.
To participate please, register for the event by sending an e-mail to khagani.gasimov@ahk-baku.de including your full name, position and contact details until today.
We are looking forward to welcoming you at the meeting!
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On 03 March 2022, the Meeting between the AHK Azerbaijan members and the E-Gov Development Center took place with participation of more than 40 company representatives.
Opening the meeting, Tobias Baumann welcomed the participants and introduced the honorary guest speaker Fariz Jafarov, Director of the E-Gov Development Center and thanked him for his close cooperation with the business community. Taking the floor, Rufat Sadigov expressed his gratitude to the professional team of the E-Gov Development Center for their immense contributions to public during the COVID-19 pandemic.
In his speech, Fariz Jafarov talked about the next steps of the Center planned for 2022-2025, gave information about their vision for the future, the strategic goals of digital government development plan and a series of projects implemented by them. This was followed by a question and answers session with participation of the member companies of AHK Azerbaijan.
For more information about the event, please click on the link.
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AHK Azerbaijan and the Plovdiv Chamber of Commerce and Industry (PCCI) organised a hybrid kick-off meeting and a digital coaching session for 18 participating companies on the topic "A new digital approach to further develop the CCI (Cultural-Creative Industries) sector". The workshop was organised within the framework of the project “Create.Industry! – Bridging Culture and Creativity of Bulgaria and Azerbaijan”.
The meeting provided Azerbaijani and Bulgarian companies were provided with the opportunity to clarify questions and discuss the current business opportunities and challenges, as well as possibilities they can access through this project.
The project “Create.Industry! – Bridging Culture and Creativity of Bulgaria and Azerbaijan” is funded by the European Union's EU4Business: Connecting Companies (EU4BCC) initiative, which is managed by EUROCHAMBRES.
For further information about the event, please check out our website.
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Wine tasting, delicious snacks and live music
AHK Azerbaijan is pleased to invite you to take part in the 1st EU-Azerbaijan Wine Summit today at Port Wine & Grill Restaurant.
The Wine Summit represents a partnership of AHK Azerbaijan and Plovdiv Chamber of Commerce and Industry funded by the European Union's EU4Business: Connecting Companies (EU4BCC) initiative, which is managed by EUROCHAMBRES.
This exclusive event offers the opportunity to showcase products and brings together trade companies and institutions, wine exporters, buyers, distributors as well as media representatives from Azerbaijan and the European Union.
For further information, please contact Ms Turana Yagubova via e-mail at turana.yagubova@ahk-baku.de or phone +994 12 497 63 06/07.
We are looking forward to welcoming you at the event today!
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We are pleased to invite you to take part in the project Create.Industry! – Bridging Culture and Creativity of Bulgaria and Azerbaijan and participate in the 1st Azerbaijani CultRural Festival 2022.
AHK Azerbaijan, together with the Plovdiv Chamber of Commerce and Industry (PCCI), is providing the SMEs with an opportunity to showcase their businesses to the EU and Azerbaijani counterparts and institutions in the fields of handicrafts, design & fashion, visual & performing arts.
The modules include the following:- Virtual Pre-Delegation Workshop / Kick-off Meeting & Digital Coaching Sessions;
- Meet-up & Kick-off: Pairing between beneficiaries;
- Digital Coaching Sessions: “A new digital approach to further develop the CCI (Cultural-Creative Industries) sector”;
- B2B Delegation to Azerbaijan and its rural areas including 1st Azerbaijani CultRural Festival 2022;
- B2B Delegation to Plovdiv, Bulgaria and its rural areas.
Participation in 1st Azerbaijani CultRural Festival 2022 the is free of charge. Pre-registration for participation is mandatory. To participate in the festival, please register by filling in the online registration form until today. The project is funded by the European Union's EU4Business: Connecting Companies (EU4BCC) initiative, which is managed by EUROCHAMBRES.
Should you have any questions, please do not hesitate to contact Ms Turkan Maharramova via email at turkan.maharramova(at)ahk-baku.de or phone at +994 12 497 63 06.
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There are in total 790.820 confirmed cases with 9.618 recorded deaths within the country, while 779.585 patients have recovered. A total of 1.617 people are placed under quarantine in Azerbaijan. Over the past period, more than 6.635.319 tests have been carried out in Azerbaijan to identify new cases of coronavirus (COVID-19) infection.
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COVID Passports
Citizens will be required to present COVID-19 passports to enter sports and recreational centres. COVID passports will be comprised of two documents – vaccination certificate (about receiving vaccine jab) and immune certificate (about recovering from the disease). Both certificates will have a QR code and either of them will be required to enter sports and recreational centres.
From 1 September 2021, restrictions on the use of services (such as visiting restaurants and hotels, shopping malls, hairdressing and beauty salons, attending university) for unvaccinated persons will apply.
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Note: AHK Azerbaijan is following a rotational shiftwork and remembering all health and safety compliances. We are available to our members and clients during this time and can be reached by e-mail or mobile phone (+994502076097).
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If you feel ill stay at home and call
the health hotlines: 103, 113 and 1542!
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| Here you will find the most important direct sources of information for Azerbaijan as well as for the postponed and cancelled trade fair events in Germany. |
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Fully covered PhD studies abroad program within "State Program on Increasing
the International Competitiveness
of the Higher Education System in the Republic of Azerbaijan for 2019-2023"
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Selection criteria:- The acceptance letter from one of the top 500 institutions in the international rankings (“Times Higher Education (THE) World University Rankings” or “Academic Ranking of World Universities” (Shanghai)) in one of the 7 considered priority specialties;**Nature, Agriculture, Health and Welfare, Technical and Technological, Economics and Management, Education, Humanities and Social Sciences.
- The consent letter from one of the local universities being future employer.
Admission periods: - February – April
- July-September
For more information, please click on the link.
Contact:
Web-page: dp.edu.az
E-mail: dpinfo@edu.gov.az
Phone: +994 12 599 19 23
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Azerbaijan's gross domestic product (GDP) increased by 6.7 percent in February 2022, compared to the same month in 2021 - up to 19.2 billion manat ($11.2 billion), the State Statistics Committee of Azerbaijan told Trend. Added cost in non-oil sector increased by 10.1 percent and in the oil sector - by
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0,6 percent in February 2022, compared to the same month in 2021, the committee said.The share of the industry was 53.6 percent in the structure of GDP.
The State Committee said that 7.9 percent of the overall GDP accounted for trade and repair of vehicles, 5.9 percent for transport and warehousing, 3.1 percent for construction, 2.3 percent for agriculture, forestry and fish farming, 1.3 percent for information and communications, 1.2 percent for the tourism sector.
The remaining 14.9 percent was on the share of other sectors of the economy.
Net income from import tax in the period was 9.8 percent of GDP.GDP per person in Azerbaijan increased by 58.9 percent in February 2022, compared to February 2021- up to 1,910 manat ($1123.5).
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Achieving net zero emissions will require an unparalleled increase in clean energy investment, Trend reports with reference to the International Energy Agency (IEA). In fact, the IEA Net Zero Emissions Scenario indicates that annual investments in clean energy must more than triple to USD 4 trillion by 2030.
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“Although mobilizing such a considerable sum will be challenging, this investment will not only ensure clean energy transitions but also offer unprecedented market opportunities for equipment manufacturers, service providers and developers, as well as engineering, procurement and construction companies along the entire clean energy supply chain,” reads the IEA report.
The agency estimates that indeed, the markets for wind turbines, solar panels, lithium-ion batteries, electrolysers and fuel cells combined represent a cumulative (i.e. up to 2050) market opportunity of USD 27 trillion.
In the Net Zero Emissions Scenario, the Asia Pacific region is home to 45 percent of the estimated market for clean energy technologies up to 2050. This is a momentous opportunity for the best innovators from all over the world to become part of emerging value chains that have enormous future potential.
However, some innovators in emerging market and developing economies will have to overcome or reshape the existing networks of knowledge and capital that have led technology developments in the past. For start-ups working on clean energy technologies, welcome attention from sustainability-oriented investors and customers will also entail pressure to meet certain criteria. Increasingly, capital allocations to energy companies and projects involve scrutiny for compatibility with environmental, social and governance (ESG) goals.
Start-ups may be well positioned to meet this growing demand for ESGaligned equity, products and services, and opportunities to partner with established firms that need to address their emissions profile will expand further in upcoming years. However, as young companies have only limited resources to measure and document their performance to the required standards, targeted tools or support may be needed to prevent this from becoming an additional barrier to market entry.
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Within the Antalya Diplomacy Forum, a meeting was held between the Minister of Energy Parviz Shahbazov and EU Commissioner for Neighbourhood and Enlargement Oliver Varhelyi, Trend reports citing the Ministry of Energy of Azerbaijan.
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Minister of Economy of the Republic of Azerbaijan Mikayil Jabbarov has met with UK Prime Minister's Trade Envoy to Azerbaijan Baroness Emma Nicholson, the minister wrote on his Twitter, Trend reports.
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The energy shock created by Russia will change energy policy and planning in coming years, Trend reports with reference to Goldman Sachs.
“The EU will soon announce its energy roadmap and has reportedly shifted its short-term focus from decarbonization to
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energy security, likely relying for now on more coal, more nuclear, and gas generation, and overall allowing for more carbon emissions (consistent with the sharp sell-off in European carbon prices over the past week of nearly 30 percent). This should prove be a significant positive for US and core-OPEC energy output in coming years, and the price induced accelerator of the energy transition for the following decade,” said the company.
Goldman Sachs notes that the geopolitical and energy consequences of any potential resolution further complicate the path to de-escalation.
“For example, any unwind of sanctions on certain OPEC members and the surge in core-OPEC and, eventually, shale production could sharply reduce the world’s reliance on Russian oil exports in a couple of years, a potential compelling opportunity for the West. In addition, the accompanying years of historically high oil prices could in turn precipitate the transition to electrification. While governments would not be achieving this through the benefit of carbon taxes, this would nonetheless prove the necessary catalyst for material change in consumer energy consumption patterns, as occurred after the oil shocks of the 1970s,” the company said.
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On 09 March 2022, the Tax, Customs and Legal Affairs Working Group of AHK Azerbaijan held a brief consultation with the member companies before the meeting with the representatives of the State Tax Service of the Republic of Azerbaijan.
With moderation by Farid Isayev, we facilitated a brainstorming session and gathered inputs from members on their current challenges regarding the recent changes to the tax legislation.
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Upcoming events
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All events
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Contact person Supported by: |
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Zinyat Amirova
Market Analysis and Communications
AHK Azerbaijan |
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Deutsch-Aserbaidschanische Auslandshandelskammer | Alman-Azərbaycan Xarici Ticarət Palatasι | German-Azerbaijani Chamber of Commerce
Winter Park Plaza, 7th floor 75 Rasul Rza Str.; 1014 Baku, Azerbaijan; +994 12 497 63 06/07
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