The Ministry of Economy has made a list of international exhibitions, in which the personal participation of Azerbaijani companies will be financed from the state budget.
The first exhibition will be held from November 29 to December 1 in Paris (Ni - Natural Ingredients), Frankfurt (Hi Europe & Ni), Tel Aviv (IsraFood) and Menope (Dubai), and include the food industry.
In total in 2016-2017 exporters were able to take part in 250 international exhibitions. These exhibitions will be held in Georgia, China, Iraq, Kuwait, India, Oman, Pakistan, Russia, Turkey, the United States, in many countries in Europe, etc. The government will support the participation of companies working in the field of mechanical engineering, textile, IT, electrical industry, paint industry, medicinal plants, cosmetics, etc. ------08D
Economics
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S&P Global Ratings has revised its risk assessment of Azerbaijan’s banking sector, upgrading the outlook from "stable" to "positive."
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In recent days, there have been claims that bread prices in Azerbaijan have risen. Social media users report that the price of bread has increased by 5-10 qepiks. According to consumer complaints, it is difficult to find weight information on factory-produced bread, commonly known as "zavod çörəyi" in Azerbaijan. In many cases, bread packaging does not include weight details. Similarly, bread sold at smaller bakeries and tandir houses often lacks information apart from the price.
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A trilateral meeting of the foreign ministers, transport ministers, energy ministers, and heads of customs services of Russia, Iran, and Azerbaijan is set to take place soon to discuss the progress of the Rasht-Astara railway project, a key element of the International North-South Transport Corridor (INSTC). This was announced by Iran’s Ambassador to Russia, Kazem Jalali.
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Azerbaijan and Tatarstan continue to strengthen trade and economic cooperation, based on mutual interests in energy, mechanical engineering, petrochemicals, agriculture, and transport. Bilateral relations have shown steady growth, supported by regular visits of official delegations and participation in international economic forums.
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