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Американская торговая палата в Азербайджане организовала вечер CSR среди своих партнеров

Американская торговая палата в Азербайджане (AmCham Azerbaijan) организовала первый в Азербайджане вечер CSR (Certificate Signing Request) среди своих партнеров, в котором приняли участие представители деловых кругов и некоммерческих организаций страны. Об этом Day.Az сообщает со ссылкой на Trend.

Одной из основных целей мероприятия было создание платформы для бизнеса и некоммерческих организаций для обсуждения возможностей реализации различных CSR-проектов и подобного рода партнерств в условиях кризиса и сокращения бюджетов. Другой задачей встречи стало обсуждение различных совместных проектов для объединения усилий для будущего развития страны.

Натаван Мамедова, исполнительный директор AmCham Azerbaijan, выступила с приветственной речью и отметила, что данное мероприятие является отличной платформой для компаний и бизнеса, в рамках которого партнеры-исполнители и гражданское общество могут объединить усилия с целью обсуждения новых возможностей, реализации выдающихся проектов для устойчивого развития страны. Мамедова также отметила важность создания в прошлом году Национального координационного совета по устойчивому развитию в Азербайджане, который призван определить и сфокусировать внимание на национальных приоритетах вплоть до 2030 года.

Для содействия определению национальных приоритетов в соответствии с глобальными целями, AmCham Azerbaijan посредством Комитета по CSR также стремится провести всестороннюю оценку текущей ситуации в стране и активизировать диалог и сотрудничество между различными структурами, частными и неправительственными организациями для развития этого сектора.

В свою очередь председатель Комитета по CSR AmCham Айнур Пириева рассказала о деятельности Комитета, а также представила собравшимся Айтен Эйналову из Ассоциации “Birgə ve Sağlam”, продемонстрировавшей в рамках вечера специальный стол с куклами, которые были подготовлены родителями и детьми с синдромом аутизма.

Кроме того, Пириева пригласила заместителя председателя Комитета по CSR Орхана Раджабова, который выступил с презентацией и поделился общей информацией о Премии CSR Excellence Award за 2014 и 2015 годы, ее проектах и жюри.

AmCham в Азербайджане – это ведущая бизнес-ассоциация, поддерживающая и продвигающая интересы бизнеса в Азербайджане. Будучи одной из самых широких и влиятельных организаций в стране, AmCham предоставляет самые широкие возможности бизнес-общения.

Цель данной организации – это продвижение интересов членов AmCham, работа над улучшением бизнес-среды в Азербайджане и предоставление услуг членам AmCham. Основанная в 1996 году, AmCham состоит из более 250 членов и партнеров в каждом секторе экономики Азербайджана. Она представляет 80 процентов всех иностранных, а также значительную часть местных инвестиций в Азербайджане. Благодаря отраслевым комитетам, члены AmCham могут обмениваться информацией, поднимать вопросы, представляющие общий интерес, и предлагать возможные решения представителям государственных структур.

Day.az

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Silk Way Airlines expands fleet, actively develops and strengthens business relations with both US private companies and public sector since 2005

Azal

An official ceremony of arrival of a new Boeing 747-8F aircraft, which belongs to the Azerbaijani cargo airline Silk Way Airlines, was held at Heydar Aliyev International Airport on April 7.

President of CJSC Azerbaijan Airlines Jahangir Asgarov, President of Silk Way Holding Zaur Akhundov, Extraordinary and Plenipotentiary Ambassador of the United States to Azerbaijan Robert Cekuta, Economic Section Chief at the U.S. Embassy Carter Wilbur and others attended the event.

The aircraft became already the tenth aircraft of the Boeing type for Silk Way Airlines and the fifth Boeing 747-8F, which will be operated by the airline.

Thus, the arrival of the aircraft marked the successful completion of the first phase of a large-scale cooperation program between Silk Way Airlines and Boeing Corporation.

The total cost of purchased aircrafts under the program amounted to about 1 billion US dollars, which is the largest project in the history of Azerbaijani private enterprises’ development and activity.

Silk Way Airlines actively develops and strengthens business relations with both US private companies and public sector since 2005.

Silk Way Airlines is one of the air carriers recognized and certified by the appropriate US authorities.

Close cooperation with US TRANSCOM (the United States Transportation Command) allowed the airline to carry out transportation orders on all important destinations, including Iraq and Afghanistan.

The delivery of the new aircraft will enable Silk Way Airlines to expand the geography of flights, increase the volume of the cargo transported, and cover new segments of the air transportation market. This will also allow the airline to reduce the operating costs of the aggregate fleet of aircrafts and, as a result, to increase the profitability as a whole.

With the expansion of the fleet of aircrafts, Silk Way Airlines plans to open new flights to Tokyo, Djibouti, Nairobi and Dhaka along with the existing direct regular cargo flights from Azerbaijani capital to the cities of New York, Chicago, Milan, Luxembourg, Frankfurt, Istanbul, Dubai, Seoul, Hong Kong and Shanghai.

Over the past 10 years, the Heydar Aliyev International Airport has become a major air cargo logistic center. Today, Azerbaijan’s civil aviation has announced itself as the official air carrier of the Great Silk Road project connecting East and West.

Purchasing of new wide-body long-haul Boeing 747-8F aircrafts, well-established in the freight market, is an important part of the implementation of this strategy.

AzerNews

United States-Azerbaijan Chamber of Commerce has successfully concluded its annual conference in Washington

Washington, DC

United States-Azerbaijan Chamber of Commerce (USACC) has successfully concluded its annual conference with a high-level formal reception organized in partnership with Embassy of Azerbaijan at the historic Willard InterContinental hotel. The reception was dedicated to the celebration of 25th anniversary of United States-Azerbaijan Diplomatic Relations.

The high-level reception was very well-attended and featured over 220 distinguished guests, including 17 ambassadors. Some attendees from the American side included Congressman Steve CohenCongressman Henry Cuellar, U.S. Ambassador Robert Cekuta, high-ranking officials from the White House and the National Security Council, U.S. Department of State, U.S. Department of Commerce, U.S. Department of Treasury, U.S. Department of Energy, ExIm Bank, OPIC, U.S. Chamber of Commerce and other government officials, top business executives, heads of international organizations and diplomatic corps. Azerbaijani side was represented by Ambassador Elin Suleymanov, Azerbaijan Ministry of EconomySOCAR,SOFAZ, Center for Analyses of Economic Reforms and Communications, State Committee for Property Issue and other delegates.

The reception formally started with remarks from Amb. Elin Suleymanov, who recognized the myriad of high-level guests in attendance. He touched upon Azerbaijan’s willingness in moving cooperation forward and the importance of maintaining bilateral relations based on mutual interest and respect. Deputy Assistant Secretary of U.S. Department of State Bridget Brink acknowledged that Azerbaijan was amongst the first countries to support the United States immediately after 9/11 attack. She then stressed the importance of energy security and reiterated the support of U.S. Secretary of State Rex Tillerson for Southern Gas Corridor. Ambassador Robert Cekuta also congratulated the guests and highlighted the importance of expanding bilateral relations in all spheres, including trade and business.

Other keynote speakers of the evening were Governor John Sununu and Congressman Steve Cohen.

The highlight of the event was the presentation of ten USACC Appreciation Awards to dignitaries, politicians and companies for their continuous contribution to the United States – Azerbaijan diplomatic, trade and business relations over the past 25 years. Recipients were:

1)    Congressman Steve Cohen for contribution to U.S.-Azerbaijan Diplomatic Relations
2)    Ambassador Robert Cekuta for contribution to U.S.-Azerbaijan Diplomatic Relations
3)    Ambassador Elin Suleymanov for contribution to U.S.-Azerbaijan Diplomatic Relations
4)    Amos Hochstein for contribution to U.S.-Azerbaijan Diplomatic Relations
5)    Governnor John Sununu for contribution to U.S.-Azerbaijan Diplomatic Relations
6)    Boeing for contribution to U.S.-Azerbaijan Business and Trade
7)    BP for contribution to U.S.-Azerbaijan Business and Trade
8)    Chevron for contribution to U.S.-Azerbaijan Business and Trade
9)    PASHA Bank for contribution to U.S.-Azerbaijan Business and Trade
10)  SOCAR for contribution to U.S.-Azerbaijan Business and Trade

Awardees also received newly minted Azerbaijani stamps for the occasion of 25th Anniversary of Diplomatic Relations, especially prepared and delivered by the Azerbaijan Ministry of Transportation, Communications and High Technologies.

Source: USACC

The U.S.-Azerbaijan Chamber of Commerce annual conference – March 1-2, 2017

Washington, DC

The U.S.-Azerbaijan Chamber of Commerce (USACC), based in Washington D.C., aims to help strengthen business ties in both countries for the benefit of private companies, and for the public and consumers they serve.

To that end, USACC holds its next annual conference on U.S.-Azerbaijan relations, scheduled to take place at the historic Willard InterContinental Hotel, conveniently located just one block from the White House on March 1-2.

USACC invites to join the event for this one-of-a-kind opportunity to learn more about Azerbaijan and the region, meet key business leaders, fund managers and government officials from both countries and forge new partnerships for your business.

Participants will be able to hear firsthand of the myriad business, growth and investment opportunities in Azerbaijan through various panel discussions.

The panels will focus on recent economic reforms, investment environment, public-private partnerships, trade and commercial opportunities for American companies in Azerbaijan. Azerbaijani companies will learn about the products, services, technology and investment opportunities that American companies have to offer.

Visit the website regularly to stay up-to-date on the latest conference information including  program updates, speakers, sponsorship, venue, registration and list of participating companies and government agencies.

Registration for the 2017 USACC Annual Conference is now open.

AzerNews

TERA International Group Joins The United States-Azerbaijan Chamber of Commerce (USACC)

TERA International Group Joins The United States-Azerbaijan Chamber of Commerce (USACC) as a Sustaining Member.

Founded in 1976, TERA International Group, Inc. is a research and consulting firm with focus on transportation sector. With offices around the world, TERA has been assisting numerous public agencies, bilateral and multilateral organizations, as well as private sector and international clients for over four decades.

TERA has assisted numerous clients in:

  • transportation economics and planning studies
  • technical, engineering and operational assessments
  • evaluation of transportation policies, institutions and programs
  • simulation and modeling of transportation systems
  • preparation of business plans and other memoranda on infrastructure projects
  • traffic forecasting and tariff analyses
  • environmental and social/poverty impact analyses
  • procurement assistance and construction supervision

TERA’s expertise covers all modes of transport, and the firm has provided services to a versatile client base including governments of numerous countries worldwide, investors, multilateral/bilateral financial institutions and assistance organizations such as the World Bank, ADB, EBRD, USAID, USTDA and the MCC, as well as private companies.

Headquartered in Sterling, Virginia, the company maintains an extensive worldwide network including offices in Beijing, China; Bishkek, Kyrgyzstan; Istanbul, Turkey; Baku, Azerbaijan; and representative in Dhaka, Bangladesh.

The United States-Azerbaijan Chamber of Commerce

 

Michael Lally: Representatives of nearly 35 US companies visited Azerbaijan during past three years

Deputy Assistant Michael Lally: US businessmen show interest in Azerbaijan.

“Representatives of nearly 35 US companies visited Azerbaijan during past three years,” said Michael Lally.

“These meetings yield results. This will contribute to development of business environment in Azerbaijan. The country has determined its objectives,” he said.

He also noted that there is a direct air transport between Azerbaijan and US, which is an important step for development of the ties: “There are great opportunities for development of links with Azerbaijan in IT and agriculture”.

AzerTAc

Azerbaijan’s State Customs Committee and American Chamber of Commerce in Azerbaijan signed a memorandum of understanding

AmericanChamberofCommerceinAzerbaijanAzerbaijan’s State Customs Committee (SCC) and American Chamber of Commerce in Azerbaijan (AmCham) signed a memorandum of understanding (MOU).

The memorandum was signed during the Azerbaijan-U.S. business forum, held  in Baku on December 1.

The document envisages the use of “green corridor” and other access systems during the transportation of goods and vehicles for AmCham member-companies.

The MoU was signed by AmCham President Ilgar Veliyev and Chairman of Azerbaijan’s State Customs Committee Aydin Aliyev.

The document was signed for a period of one year. Under the MoU, the State Customs Committee is obliged to inform the companies about the terms and conditions of use of the “green corridor”, as well as the technical opportunities to determine the forms and order of treatment to use the “green corridor” and submit them in electronic form.

AmCham member-companies, for their part, are obliged to hold trainings and seminars in order to expand the use of the “green corridor” system.

The two sides are also obliged to create a working group, which will include their authorized representatives, to discuss joint cooperation.

The MoU enters into force from the date of its signing.

The event was organized by the American Chamber of Commerce in Azerbaijan with the support of the US embassy in Baku and the Azerbaijani embassy in Washington.

AmCham has been working in Azerbaijan since 1996 and currently consists of 270 companies representing more than 80% of foreign investments in the country. The Chamber serves as a bridge between the Government and private sector and has continuous constructive and results oriented dialogue with relevant government bodies. AmCham promotes the business interests of the member companies, contributes to the improvement of the business climate in Azerbaijan.

Today.az

U.S. invests $10B in Azerbaijan’s economy

The United States, which is considering a stronger partnership with Azerbaijan, invested $10 billion in the country’s economy.

Azerbaijan’s Deputy Economy Minister Sahil Babayev made the remarks on December 1, while addressing the first Azerbaijan-U.S. business forum “Trade and investment opportunities in post-oil era” held in Baku.

“Azerbaijan’s oil sector alone received investments worth $9 billion,” Babayev said. “The volume of investments is constantly increasing, and this shows a favorable investment climate in our country.”

He went on to say that the Azerbaijani investments in the U.S. economy hit $3 billion, adding that these investments are mainly invested through the line of the State Oil Fund of Azerbaijan (SOFAZ).

Babayev emphasized that Azerbaijan and the U.S. enjoy long-term economic relations and these relations can be called strategic.

“Azerbaijan hopes to attract U.S. investment in the non-oil sector as well, and to diversify their directions. It is regrettable that only 10 percent of the U.S. investments are directed to Azerbaijan’s non-oil sector,” he said.

Babayev voiced hope that it will be possible to attract the U.S. investments in other sectors of the Azerbaijani economy as well.

While the two countries are hemispherically distant, the trade has never been stronger or easier, and the desire among the business communities in both countries to forge new business opportunities has never been greater.

The flow of goods and services between the two countries, while substantial, already remains susceptible to improvement in many different areas. Beyond energy, Azerbaijan’s telecommunications and IT, nine different climate zones and rich soil with astonishing agricultural potential and diversity, and the legendary hospitality of its population can be tapped into by numerous economic sectors.

Azerbaijan’s Ambassador to U.S. Elin Suleymanov, addressing the event, said the U.S. will host the second international transport forum on the development of the Silk Road revival project in May 2017.

He said that the first such forum was held quite successfully in 2015, adding that alongside Azerbaijan, representatives from Turkmenistan, Turkey, Kazakhstan, Georgia and even Afghanistan.

Speaking at the event, U.S. Ambassador to Azerbaijan Robert Cekuta said that over the past 25 years of Azerbaijan’s independence, the U.S. imported Azerbaijani goods worth $1.3 billion.

The diplomat praised the role of the American Chamber of Commerce in Azerbaijan (AmCham) in the development of relations with local business.

Since Azerbaijan gained independence, the U.S. helped Azerbaijan to build a stable, prosperous, democratic country, which it has become, added the diplomat.

Cekuta went on to say that the trade turnover between the two countries was quite modest in 2015, while the capacity is noticeably higher.

He added that Azerbaijan and the U.S. will continue to expand economic ties.

The trade turnover between the US and Azerbaijan amounted to almost $312.3 million in January-July 2016, $280.6 million of which accounted for the import of the US products.

AmCham has been working in Azerbaijan since 1996 and currently consists of 270 companies representing more than 80 percent of foreign investments in the country and currently serving as a bridge between the government and private sector and having continuous constructive and results oriented dialogue with relevant government bodies, Chamber promotes the business interests of the member companies, contributes to the improvement of the business climate in Azerbaijan.

AzerNews

American Chamber of Commerce in Azerbaijan proposes to establish agency to work with foreign investors

AmericanChamberofCommerceinAzerbaijanAmerican Chamber of Commerce in Azerbaijan (AmCham) has presented the sixth edition of the “White Paper”, entitled “Observations and recommendations on the improvement of the business environment in Azerbaijan”.

The document prepared and submitted to the Azerbaijani Government every two years aims at supporting different sectors of the economy, Trend reported with reference to AmCham.

The White Paper reflects collective view of AmCham members on changes ensuring strength of business environment and ultimately, the country. This document consists of two parts – “Overview” part which is very significant, as of its content covering the most influential issues for Azerbaijan and “Second”, which involves recommendations on more specific issues in detail.

“It’s important to inform the Government about vision of private sector and changes in business environment,” noted Natavan Mammadova, Executive Director of AmCham in Azerbaijan. “Taking this into account, the publication of White Paper this year covered positive measures taken by the government to strengthen various sectors of economy, and issues to be solved in different fields to develop the business environment in taxes, customs work, finance and insurance, information technologies, labor and migration issues, tourism and law court.”

“Furthermore, we think that business community is of a great importance in implementation of the economic reforms and founding healthy business environment,” she added. “Considering these factors, we have addressed some recommendations to Azerbaijan’s business community for the first time within White Paper.”

All the recommendations provided by AmCham are focused on making activities of different institutions more transparent, increasing the level of services provided to population, and ultimately, making Azerbaijan more powerful country in the region.

Particularly, AmCham offered the country’s government to explore the possibilities for tax exemption in the priority areas of the non-oil sector.

AmCham members also proposed to consider application of a new tax regime in the priority areas of the non-oil sector.

“It should be acknowledged that Azerbaijan’s proven experience in attracting foreign investments is mainly limited to the oil and gas sector. We believe that other areas of industry and business should be introduced with concessions or be exempt from taxes, given the current economic situation and the targets for the non-oil sector development,” the paper says.

For this purpose, advanced experience of other developing countries should be studied, according to the AmCham representatives.

The Chamber also offers to introduce voluntary social insurance system in the country.

AmCham members offer to establish the regulatory, legal and administrative framework for the establishment of non-state pension funds.

“The legislation to be adopted in this field should stipulate the mechanisms of accumulating the voluntary social insurance contributions, accounting for these funds and revenues from their investments in the individual accounts, requirements on asset managers, investing rules, establishment of non-state pension funds and organization of their activities, formation of adequate mechanisms in these institutions ensuring to fulfill the liabilities, appointment, payment of non-state pensions, main directions of state regulation in this area and other issues,” the document said.

AmCham has been working in Azerbaijan since 1996 and currently consists of 270 companies representing more than 80% of foreign investments in the country and currently serving as a bridge between the Government and private sector and having continuous constructive and results oriented dialogue with relevant government bodies, Chamber promotes the business interests of the member companies, contributes to the improvement of the business climate in Azerbaijan.

AzerNews

The United States-Azerbaijan Chamber of Commerce (USACC) Annual Conference – March 1 -2, 2017

The United States-Azerbaijan Chamber of Commerce (USACC), based in Washington D.C., aims to help strengthen business ties in both countries for the benefit of private companies, and for the public and consumers they serve.

Scheduled for March 1-2, 2017, this conference promises to bring together high-level business leaders and government officials from both countries. Participants will be able to hear firsthand of the myriad business and growth opportunities attendant to investment in Azerbaijan, as well as learn about the experience of industry peers through various panel discussions.

The flow of goods and services between the two countries, while substantial, already remains susceptible to improvement in many different areas. Beyond energy, Azerbaijan’s telecommunications and IT, nine different climate zones and rich soil with astonishing agricultural potential and diversity, and the legendary hospitality of its population can be tapped into by numerous economic sectors. Its highly educated workforce would be an asset to any company considering in-bound investment.

By the same token, American companies have products and services that are highly valued in Azerbaijan. There is a tremendous demand for American-made machinery, as well as for food packaging and processing technologies. And American consumer technology producing companies could benefit tremendously from Azerbaijan’s tech-savvy population.

While the two countries are hemispherically distant, trade has never been stronger or easier, and the desire among the business communities in both countries to forge new business opportunities has never been greater.

The United States-Azerbaijan Chamber of Commerce (USACC)