In Brussels summed up the 14th meeting of the Cooperation Council EU-Azerbaijan.
The delegation of Azerbaijan was led by Deputy Foreign Minister Mahmud Mamedguliyev. As noted in the Foreign Ministry of Azerbaijan, at a press conference he noted that Azerbaijan intends to expand the range of export products to the EU. Today the share of countries in this area for more than 40 % of the foreign trade turnover of the country , despite the fact that most of the trade with Europe, oil and oil products, and in the future are likely to replenish its arsenal of natural gas.
Diversification turnover discussed under the Association Agreement concerning trade and development of trade relations between the EU and Azerbaijan, said a senior official. - 17D-
Economics
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Kazakh Energy Minister Almasadam Satkaliyev said on Monday that Kazakhstan and Azerbaijan continue to discuss prospects for transporting Kazakh oil through the Baku-Supsa oil pipeline, which has been idle since spring 2022, Kazakh media reported.
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The supply of Azerbaijani gas to North Macedonia will transition to a regular basis in the mid-term, an informed source told Turan.
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In Azerbaijan, the minimum consumption basket may be reassessed next year. This was discussed during a joint meeting of parliamentary committees. The last changes to the consumption basket were made a decade ago. However, during this period, inflation has risen, and the cost of the minimum living standard has also increased. Moreover, some experts believe that the current minimum consumption basket in Azerbaijan requires significant updates, with the inclusion of additional goods and services.
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Azerbaijan's draft state budget for 2025 prioritizes strategic objectives outlined by President Ilham Aliyev, including economic growth, social development, and reconstruction of liberated territories, according to senior officials speaking at a parliamentary session on Monday.
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