BAKU / 23.09.16 / TURAN: The presentation of the “strategic roadmap of the national economy and its main sectors” was held.
The Assistant to the President of Azerbaijan on economic reforms, Natig Amirov, speaking in the Presidium of the National Academy of Sciences, called a phased document designed for 10 years inclusive and comprehensive.
According to the President of ANAS, Akif Alizadeh, a country refusing of oil dependence must have a competitive economy, reduce dependence on imports and more actively involve cutting-edge science.
Though mentioned was $ 40 billion of strategic currency reserves, the participants of the discussion agreed on the need to give more freedom to private enterprise. However, the question of choice of the liberal model of economic development is still open. --17D-
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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