Next week the Azerbaijani governmental delegation, which will be also comprised of SOCAR’s representatives, will visit Tehran.
Web site of the Azerbaijan Ministry of Economy and Industry reads that On August 3-4, 2015 Minister Shain Mustafayev will visit Iran.
The goal of the visit is to discuss the current state and the perspectives of bilateral ties and cooperation.
At present Azerbaijan carefully studies economic possibilities of its southern neighbor to take advantage of lifting of sanctions of Iran.
In his interview to ANS TV channel SOCAR President said that SOCAR could invest capital into the Iranian projects.—0—
Economics
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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Azerbaijan Railways CJSC (AZD) transported 713,699 passengers in January 2025, marking a 15% increase compared to the same period last year, the company said on Tuesday.
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Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
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