Azerlotereya Transferred to Turkish Company’s Management; Trend or “Ghost” of New Privatization Stage?
On January 16, President of Azerbaijan Ilham Aliyev ordered the transfer of Azerlotereya OJSC to the management of the Turkish company YMT Sans B.V. (one of the numerous structures of the large-scale family Turkish group of companies Demirören), which, according to experts, may mean a "fresh word" in the privatization process in Azerbaijan.According to the decree, "the decision was made taking into account the fact that improving the efficiency o...
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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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