In addition to the restrictions imposed on economic activity during the coronavirus pandemic, the Azerbaijani economy, which was affected by the shocks caused by falling oil prices on world markets due to declining consumer demand, is currently facing a number of difficulties. According to the results of 6 months of the current year[1], the 2.7 percent decline in GDP conditioned the reduction of industrial production among the sectors of the nati...
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In a significant diplomatic move, President Kassym-Jomart Tokayev of Kazakhstan embarked on an official visit to Armenia, marking a pivotal moment in the relationship between the two nations. The meeting between President Tokayev and Armenian Prime Minister Nikol Pashinyan resulted in the signing of a joint statement aimed at fostering cooperation and easing tensions that had simmered between the two countries.
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