Another round of talks between the Government of Azerbaijan and the Secretariat of the World Trade Organization (WTO) will be held in early June in Geneva.
Told reporters today, Deputy Foreign Minister Mahmud Mamedguliyev planned to conduct bilateral negotiations with India, South Korea and China on tariffs for goods and services.
"In addition, with Argentina and Brazil will be held bilateral talks on the subject of the size of subsidies to agribusiness sector of Azerbaijan," he said.
Recall Azerbaijan applied for WTO membership in 1997. After 10 years, there was signed the first bilateral protocol (with Turkey) to conclude the negotiations on accession to the WTO. In May 2008, an agreement was signed with Oman and the United Arab Emirates, in May 2010, with Georgia in 2012 - with Kyrgyzstan. Ready to sign is an agreement with Moldova.
Azerbaijan's President during a speech on the basis of economic and social development of the country in January-March this year said that joining the WTO is in the distant future. - 17D-
Economics
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The 29th Conference of the Parties (COP29) to the United Nations Framework Convention on Climate Change has taken a significant step towards a unified global response to climate change. On the first day of discussions in Baku, participating countries reached a historic agreement on the rules governing the creation and trade of carbon credits. This decision paves the way for the launch of multibillion-dollar carbon credit markets, to be overseen by the United Nations, potentially as soon as next year.
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The State Oil Company of Azerbaijan (SOCAR), Albania’s Ministry of Infrastructure and Energy, and Albanian gas company Albgaz signed a memorandum of understanding (MoU) on Sunday in Baku during the 29th session of the UN Climate Change Conference (COP 29).
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The Green Energy Corridor project, aimed at delivering green energy from Azerbaijan through Georgia and the Black Sea to Romania, Hungary, and Bulgaria, has entered the investment assessment phase, according to Georgian Deputy Prime Minister and Minister of Economy and Sustainable Development, Levan Davitashvili.
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Azerbaijan’s state oil company SOCAR and Italy’s Italgas signed a cooperation agreement on Sunday during the 29th session of the United Nations Framework Convention on Climate Change (COP29), aimed at accelerating the energy transition.
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