Despite a constant decline in the oil and gas production, economy has started growing. During 6 months, 2012 the growth of investments constituted 29% (39.1% in the non-oil sector). Agriculture has grown by 10.4%. Non-oil cargo transportations increased by 8.5%. During 6 months, 2012 import in the country increased by 3.4% (4459.65 million AZN), while export dropped by 2.9% (12059.88 million). Development of financial sector was really careful....
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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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