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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Azerbaijani President Ilham Aliyev signed a decree on Monday aimed at improving social welfare, increasing the country’s minimum monthly wage to 400 manats ($235) starting January 1, 2025.
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Turkish companies YDA and ASFAT plan to build a shipyard near Kazakhstan's port of Kuryk to address the country's domestic fleet shortage, Kazakhstan's Minister of Transport Marat Karabaev announced on Monday during a parliamentary session. The project underscores Kazakhstan's ambitions to strengthen its maritime capabilities and logistics infrastructure.
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Kazakhstan's Minister of Transport, Marat Karabayev, unveiled the country’s bold roadmap for transforming itself into a premier transport and logistics hub in Eurasia. Speaking in parliament on Monday, Karabayev detailed strategies to capture a share of the massive $1 trillion annual freight flows between the East-West and North-South corridors.
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The ASCO-owned ferry "Shahdag," freshly refurbished, has resumed operations on the Azerbaijan-Kazakhstan route, aiming to alleviate severe truck congestion at ports on both sides of the Caspian Sea.
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