Azerbaijan Amends Decrees on Customs Representatives Abroad

Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.

The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.

There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.

In the first half of 2024, geopolitical factors continued to dictate infrastructure development as Russia pushed forward with the western segment of the North-South Transport Corridor, placing special emphasis on its railway component. The urgency of this project signals Russia's preparation for prolonged geopolitical isolation, which it hopes to mitigate through the creation of new trade routes and alliances.