Azerbaijan, Germany Discuss Energy Cooperation and Green Hydrogen Opportunities

Azerbaijan's viticulture sector, once flourishing with vineyard areas expanding to over 284,000 hectares in 1984, faces significant challenges today despite government initiatives aimed at revitalizing the industry.

Azerbaijan's economy continues to rely heavily on oil as its primary driver of GDP and exports, according to data released today by the State Statistical Committee (SSC) and the State Customs Committee (SCC).

Azerbaijan's Cabinet of Ministers has approved new regulations for leasing state-owned port infrastructure through a competitive tender, marking a significant shift in the country’s port management strategy. The decree, signed by Prime Minister Ali Asadov, comes into effect following amendments to the Law on Sea Ports, passed by the Azerbaijani Parliament on December 22, 2023.

The Azerbaijan-Pakistan Business Forum, held in Baku, showcased the growing economic ties between the two nations, as officials and business leaders discussed enhancing cooperation across key sectors. Ambassador of Pakistan to Azerbaijan, Gasim Mohiuddin, emphasized the long-standing, fraternal relations between the countries, underscoring a shared vision of progress and prosperity.