Agricultural Production Increased by 1.9%
Economics
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On May 1st, Azerbaijan, Kazakhstan, and Uzbekistan took a significant step towards fostering green energy collaboration by signing a Memorandum of Cooperation aimed at integrating their energy systems. This agreement was finalized during a trilateral meeting of the ministers of economy and energy from the three countries, held in Uzbekistan.
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In Azerbaijan, despite protective labor laws and international commitments, many service sector workers report enduring workdays of 10 to 11 hours, significantly exceeding the legal limits. This issue surfaces amidst broader discussions of labor rights on International Labor Day.
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The Central Bank of Azerbaijan (CBA) has reported a normalization in the foreign exchange market following a significant spike in demand earlier in the year. This update was provided by the Chairman of the CBA, Taleh Kazimov, during a press conference on May 1.
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On May 1, Azerbaijani Economy Minister Mikail Jabbarov embarked on a two-day visit to Uzbekistan, aiming to strengthen regional ties and explore new economic opportunities. The visit is set to include a series of high-level meetings, including a trilateral discussion with his counterparts from Kazakhstan and Uzbekistan.
Sanksiya xəbərləri fonunda Azərbaycanda baş verən həbslər... – Rüfət Səfərov Çətin sualda
InvestPro Azerbaijan Baku & Turkiye Istanbul 2024 – two conferences in one shot
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