Azerbaijani Foreign Ministry has decided to explain the unexpected statement by the Deputy Foreign Minister Mahmud Mammadguliyev on the request $ 1 billion at the WTO. This strange statement was made a few days ago, and caused a lot of questions.
On Thursday, a spokesman for the Foreign Ministry Hikmet Hajiyev explained that Baku intends to acquire the right from the WTO to obtain annual subsidies for the agricultural sector $ 2 billion. In this regard, the talks on the WTO accession are ongoing.
According to Hajiyev, after joining the WTO Azerbaijan wants to receive $1 billion to the agricultural sector and another $1 billion after returning to the jurisdiction of the Azerbaijani territories occupied by Armenia.
The negotiations on Azerbaijan's accession to the WTO have been conducted since 1997, and have not brought tangible results. -02D-
Economics
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Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
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The Italian government has extended the deadline for applications in the international tender for the sale of several strategic assets until February 14, confirming that a bidder from Azerbaijan remains among the frontrunners.
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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