Slovenia intends to expand bilateral relations with Azerbaijan not only in politics , investment , tourism and trade, but also in the field of information and communication technologies.
This was discussed during the reception of President Ilham Aliyev Balkan delegation headed by the mayor of Ljubljana Zoran Jankovic . Guests were also the Minister of Defence of Slovenia Roman Yakich and Minister of Economic Development and Technology Stanko Stepishnik .
Official guests said they "are impressed at the rapid development of the capital of Azerbaijan."
The Azerbaijani government has previously stated its desire to be present in the ICT market in Slovenia. Minister of Communications and Information Technologies Ali Abbasov at a meeting with Deputy Prime Minister and Minister of Economic Development and Technology of Slovenia Radovan Zerzhavom in September last year spoke of the possibility of investing in information services and space communications by the first national telecommunications satellite AzerSpace- 1.
In Azerbaijan, there are 5 companies with Slovenian capital, but the prospects there are especially in the tourism sector. - 17D-
Economics
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According to data released by the State Statistics Committee, Azerbaijan’s agricultural sector achieved slight production growth in the first eight months of 2024. The total volume of agricultural production reached 8.723 billion manats, which is 0.8% higher than during the same period last year. However, this growth occurs against a backdrop of increasing food imports, despite significant government subsidies aimed at supporting domestic agriculture.
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Azerbaijan has unveiled strong fiscal indicators for the first eight months of the current year, reporting a state budget surplus that underscores the country’s economic resilience amidst global uncertainties. According to operational data released by the Ministry of Finance, state budget revenues from January to August 2024 reached 25 billion 223.4 million manats, while expenditures amounted to 22 billion 362.4 million manats.
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Azerbaijan has made significant progress in diversifying its energy balance, with renewable sources playing an increasingly important role in the country's electricity production. Operational data for January-August 2024 show that total electricity generation reached 19,235.4 million kilowatt-hours (kWh), marking a noticeable shift towards greener energy.
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Bilateral relations between Azerbaijan and Russia are accelerating, particularly in the agricultural sector, as Deputy Prime Minister Shahin Mustafayev and Russia’s Minister of Agriculture Oksana Lut underscored during their high-level meeting on September 13 in Baku.
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