Energy cooperation must be free from political format and conjuncture, President Ilham Aliyev stated on Monday at a meeting of the Advisory Board of the "Southern Gas Corridor." Aliyev focused on the need for rapid implementation of the project "Southern Gas Corridor", and stressed that the removal of all obstacles needs unification of the efforts of all interested governments and the European Union. In turn, SOCAR’s President Rovnag Abdullayev said that Azerbaijan is ready to provide additional supply of up to 500 million cubic meters of gas to Georgia annually. Until now it was delivered up to 800 million cubic meters of gas, but managed to increase the volume of supply to 1.5 billion cubic meters, he said. -02D-
Economics
-
On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
-
Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
-
Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
-
While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
Leave a review