Today Baku hosted the Azerbaijan-Latvian business forum with the participation of more than 200 entrepreneurs. Business meeting of the two countries is dedicated to the visit of the Prime Minister of Latvia Valdis Dombrovskis to Azerbaijan.
For bilateral meetings in Baku, there are over 90 participants from 72 companies that operate in the fields of finance, construction, food processing, metallurgy, tourism, pharmaceuticals, etc., Turan was told by the press service of Ministry of Economic Development.
Speaking at the opening ceremony, the Minister of Economic Development Shahin Mustafayev said that their contribution to the expansion of trade and economic ties make intergovernmental relations. To date, the parties have held four meetings of the intergovernmental commission. According to the minister, the trade turnover between Azerbaijan and Latvia in 2011 increased 2.5-fold. Using the investment climate in Azerbaijan opened 17 companies with the Latvian capital, Serah working in banking and insurance, industry, trade and services.
The Latvian prime minister said his country attaches great importance to relations with Azerbaijan and urged business people of the two countries closer cooperation.
The Forum continued with bilateral meetings of executives. - 08D-
Economics
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Azerbaijan Railways CJSC (AZD) transported 713,699 passengers in January 2025, marking a 15% increase compared to the same period last year, the company said on Tuesday.
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Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
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