Azerbaijan Railways Adopts British Track Diagnostics System

On the eve of the Sixth Consultative Meeting of the Heads of State of Central Asia, the Second Meeting of the Transport Ministers of Central Asian countries was held in Astana on August 8, 2024.

The State Statistics Committee (SSC) of Azerbaijan recently reported a significant rise in meat production and imports for the first half of 2024. Meat production reached 290.3 thousand tons in live weight, marking a 1.7% increase compared to the previous year. Simultaneously, meat imports grew by 23.7% in physical weight and an even more substantial 44.9% in value terms compared to the same period last year. This growth translates to an additional 4,900 tons of meat produced domestically and more than 5,000 tons imported.

Azerbaijan's fruit and vegetable sector is witnessing mixed outcomes as recent data points to divergent trends in production, imports, and exports, raising questions about the country's agricultural strategy.

Azerbaijan’s oil and gas sector, a cornerstone of the nation’s economy, is grappling with significant challenges in 2024, according to the article "Three factors reducing oil revenues in Azerbaijan" by economist Gabad Ibadoglu. Despite its crucial role in generating income and attracting investment, the industry is contending with a reduction in oil production, increased operational and transportation costs, and a drop in global market prices.