Netherlands is interested in increase in Azerbaijani oil purchases, Ahmad Abutaleb, Mayor of Rotterdam, told journalists in Baku last week.
“At present 2 million tons of Azerbaijani oil is delivered to Rotterdam port, which makes 2% of the total volume of oil delivered to the port. Quality of Azerbaijani oil is very high and the volume of deliveries could be increased,” Abutaleb said.
He said the delegation led by him has had a meeting in SOCAR to discuss the perspectives of cooperation.
“We believe that Azerbaijan could benefit from sale of its oil in Rotterdam,” he added.—0—
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
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