Unprofitability of transport companies as a basis for privatization
The CJSC, which disseminated this information on August 11, notes that at the meeting, the chairman of Azerbaijan Railways CJSC Javid Gurbanov acknowledged the claims of President Ilham Aliyev about the inefficiency of the company's activities. At the meeting on August 6, the President criticized the leading state-owned companies AZAL, SOCAR, Azerenerji, Azersu, Azerbaijan Railways for ineffective operation and loss-making, while they receive lar...
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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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