The number of legal labor migrants in Azerbaijan has increased by 3.71% since the beginning of the year (+ 688 persons), amounting to 28 903 migrant workers. This is evident from the report of the State Social Protection Fund (SSPF) of deductions for compulsory social insurance in January-February.
According to the Fund, the majority of registered migrant workers (87.83% or 25 385 people) are men. Total represented are 118 countries, and the Turks lead, as a rule (14 053 people), while from Georgia there are 3,068 people, and from Russia there are 1,749.
In addition, relatively well represented are Iran, India, China, United Kingdom, Pakistan, Ukraine, and the rest behind.
According to the State Migration Service, by the beginning of the year in the country there were about 150 thousand registered foreigners and stateless persons, mostly Azeris from Georgia and Iran.
The process of attracting labor migrants to the payment of contributions for compulsory social insurance started on 1 January 2006. --17D-
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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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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