Trademark of the Russian holding "Schwabe"was registered in Azerbaijan. It is valid for 16 classes of the International Classification of Goods and Services. According to the information the government structure of the Russian Federation, it will allow it to protect the rights of their products - surveying, medical, optical and lighting equipment, as well as to carry out research, development work and industrial analysis under its own brand.
By the way, this holding has a practice of supplying the Azerbaijani partners with optical devices, surveying equipment and medical equipment. "The range of supply of our products is quite diverse. Registration of a trademark in the country is a landmark step in the development of business relations. It will not only protect our Azerbaijani partners from various counterfeit products, but also create conditions for the implementation of various joint projects," reads the information referring to Anatoly Sludnykh , the Deputy Foreign Trade and Marketing Sales Director.
The Holding "Schwabe" is part of the state corporation Rostec uniting major Russian enterprises of the optoelectronic industry (a total of 64 organizations in all regions of Russia, as well as abroad - China, Germany, Switzerland, Belarus), including research institutes, design desk research and production association. --17D-
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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