At the end of last week the Azerbaijan State Migration Service and BP-Azerbaijan company signed the memorandum of cooperation.
A source from BP-Azerbaijan told Turan that the document envisages cooperation in the migration field.
Till now international employment companies have brought various specialists in Azerbaijan for the BP-Azerbaijan projects on the contract and sub-contract basis.
The State Migration Service has informed BP-Azerbaijan that the foreign residents working for the BP projects in Azerbaijan as a part of the production sharing agreement (PSA) are not full time employees of BP-Azerbaijan. Therefore, their hiring in the projects in Azerbaijan does not correspond to the laws of the republic and is not in the interests of the country.
Thus, the sides have reached an agreement on the new system of employment of foreign specialists.
BP-Azerbaijan company will conclude temporary labor agreements with the foreign residents and there will be no need in the services of the mediators – employment companies – which made a lot of money on that.—0—
Economics
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The Milli Majlis (Parliament) of Azerbaijan began discussions on Monday regarding the draft state budget for 2025, which projects expenditures of AZN 41.368 billion.
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Azerbaijan’s livestock sector has demonstrated modest growth in domestic production, yet it faces significant challenges as imports of meat and dairy products surge. Recent data from the State Statistics Committee underscores this dichotomy, revealing increases in local output but an even sharper rise in imports, accompanied by persistent price inflation.
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Azerbaijan's agricultural sector faces a critical moment as modest growth in grain production fails to offset a troubling decline in productivity. Data from the State Statistics Committee shows that total grain and legume production grew by 0.7% year-on-year, reaching 3.2 million tons by November 1, 2024. However, this growth is overshadowed by a sharp 6.2% drop in yield, highlighting structural inefficiencies in the sector.
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Azerbaijan has dispatched its first rail cargo shipment from Baku to China, marking a significant milestone in its ambitions to become a critical hub along the Middle Corridor. The Azerbaijan Railways (ADY) confirmed on Sunday that the inaugural "Baku-Xi'an" export block train, comprising 62 40-foot containers, has begun its journey.
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