Azerbaijan: Important Economic Events in 2016
2016 - Most Problematic in the Past 15 Years 1. On 10 March President Ilham Aliyev announced that Azerbaijan moves to a new non-oil model of economic development.2. On 17 March President Ilham Aliyev ordered to establish a special zone for free trade in the Alat settlement of the Garadagh district of Baku, including the territory of the new Baku International Sea Trade Port.3. On 13 April an agreement was signed on the establishment of a transpor...
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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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