Completed the official visit to Hungary of the Minister of Communications and Information Technologies Ali Abbasov. The inviting party was Minister of Economic Development of the country Zsuzsa Nemeth.
Chief signalman was in an information technology University of Pannonia in Veszprem to exchange students and young professionals . Speech by Minister for the students and faculty on the topic of "Trends of the global development of information and communication technologies," according to the press service of the ministry, has caused great concern in the region of Central Europe.
During the meeting with Zsuzsa Nemeth decided to prepare a report about the main areas of cooperation to the next meeting of the inter-parliamentary economic committee of Azerbaijan- Hungary in Baku. Ali Abbasov invited the Hungarian counterpart to visit an international exhibition BakuTel, which will be held in Baku on 2-5 December this year.
During the visit, Minister Ali Abbasov also visited the center CERN @ WIGNER DataCenter in Budapest , considered one of the main centers of information technology in Europe. The center's director , Peter Levai and Project Manager Gabor Peto detail informed the Azerbaijani Minister of the operating principles and possibilities of this "think tank" .
The visit was attended by Secretary of State for Telecommunications issues Wailly Hungarian Vilmos Nagy, Hungarian ambassador to Azerbaijan Zsolt Csutora and Azerbaijani ambassador to Hungary Vilayat Guliyev. - 17D-
Economics
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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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The German-Azerbaijani Chamber of Commerce (AHK Azerbaijan) hosted its biannual Members' General Meeting in Baku on December 18, 2024, gathering over 80 business representatives to reflect on the chamber’s milestones and chart a path forward.
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