![Azerbaijani businessmen go again in Aktau](https://turan.az/resized/750/500/resize/media/2014/main/061900081902.jpg)
Azerbaijani businessmen go again in Aktau
Baku/19.06.14/Turan Foundation export promotion and investment in Azerbaijan (AZPROMO) plans to organize in Aktau another business forum, whose main purpose is to expand the export of Azerbaijani goods to Kazakhstan.
Previous meeting of business circles of the two countries held in Aktau in June last year during the visit of the Minister of Economy and Industry Shahin Mustafayev. She participated on both sides of businessmen representing the spheres of industry, agriculture, food industry, construction, tourism, etc.
Azerbaijan is trying to build logistics centers in the western regions of Kazakhstan. According to official data, in the west of Kazakhstan were registered 46 enterprises with the Azerbaijani capital. In Azerbaijan there are 37 Kazakh companies.
In February of this year from Kazakhstan Mangistau visited Baku business delegation of 20 businessmen representing various sectors of the economy.
This year, the trade turnover between the two countries declined. According to the Azerbaijani customs Azerbaijani exports to Kazakhstan ($ 14.6 million) five months of this year fell by 36.5%. Imports of goods from Kazakhstan to Azerbaijan ($ 118.3 million) also declined by 5.3%.
Azerbaijan exports to Kazakhstan fruits and vegetables, copper concentrate, oil pipe assortment. In the opposite direction comes grain, steel bars, etc. - 08D-
Economics
-
The State Oil Fund of the Republic of Azerbaijan (SOFAZ) has reported a 3.3% increase in its gold investments compared to last year, according to the fund's investment activity results for the second quarter of 2024. Gold investments now account for $8.57 billion, or 14.8% of SOFAZ's US Dollar Portfolio.
-
Azerbaijan's Minister of Digital Development and Transport, Rashad Nabiyev, announced on the social network "X" that during the visit of Israel's Minister of Regional Cooperation, David Amsalem, to Azerbaijan, discussions were held on cooperation in innovation, space, and aviation.
-
Azerbaijan is bracing for heightened expectations of currency devaluation as declining oil revenues and mounting inflationary pressures fuel concerns over economic stability, experts warn.
-
A delegation led by Azerbaijan's Minister of Economy, Mikayil Jabbarov, met with key Italian officials during an official visit to Italy, highlighting the strong and multifaceted partnership between the two countries.
Leave a review