On November 10, Baku hosted a conference on Investment Opportunities in Azerbaijan and Iran, which was attended by business representatives of the northern provinces of Iran.
According to the Foundation for Export Promotion and Investment in Azerbaijan (AZPROMO), the conference was attended by over 150 representatives of companies from the two countries in different spheres of business and investment organizations.
The Deputy Director of the Foreign Investment Department of the Organization for Investment, Economic and Technical Assistance of Iran (OIETAI) Akbar Gahramani spoke about the favorable investment climate and business environment in the country.
During the conference information was presented about the Sumgait Chemical Industrial Park, and the Zanjan Investment Center.
Recall that an automotive plant is built in the industrial district of Neftchala and a pharmaceutical plant is built in the Pirallahi district with the participation of the Iranian capital.
During the first 9 months of 2016 the export of goods from Azerbaijan to Iran amounted to $ 34.9 million, an increase of 58%. Iran supplied goods three times as much to Azerbaijan in the period - $ 102.7 million (+ 59%). ----08D
Economics
-
The Azerbaijani government has adopted new guidelines to facilitate employment for individuals with special social protection needs and those facing difficulties in securing jobs. The resolution, approved on December 29 by the Cabinet of Ministers, outlines targeted programs aimed at job creation through public-private collaboration.
-
The Cabinet of Ministers of Azerbaijan has approved new regulations to facilitate targeted employment programs aimed at supporting individuals with special social protection needs and those facing employment challenges. The measures, under the State Employment Agency, seek to enhance job creation in priority economic sectors.
-
The Cabinet of Ministers of Azerbaijan has announced key amendments to various regulatory acts to ensure compliance with the law adopted on May 24, 2024, aimed at updating the Tax Code, the Customs Code, and laws on state duties and licensing.
-
The Azerbaijani Cabinet has implemented significant changes to energy regulations in line with new laws aimed at enhancing the country’s electrical infrastructure. A decree signed by Prime Minister Ali Asadov on December 29 introduces amendments to several prior governmental decisions and cancels previous regulations, including a key rule on electricity production and equipment operation limits.
Leave a review