Azerbaijani Investments in ICT of Austria
Austria is interested in cooperation with Azerbaijan in the field of ICT.
According to the Ministry of Communications and Information and Communication Technologies (http://mincom.gov.az/media-ru/novosti/details/1182), a special interest manifested in the fields of construction of "e-government", training in the industry, establishing cyber security, and communications.
These thoughts are voiced by the Deputy Minister of Transport, Innovation and Technology of the country Andreas Reinhard during a meeting in Baku with the Deputy Minister of Communications and Information Technologies of Azerbaijan E.Velizade.
Austrian guest, mentioning the successful projects undertaken by the two countries in various fields, expressed interest in building in Azerbaijan meets modern requirements of a plant for the production of cables. The products of this company will not only meet the domestic needs, but also will be exported to foreign markets. - 17D-
Economics
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The Central Bank of Azerbaijan (CBA) has approved the "Green Taxonomy," according to a decision by its Board of Directors on November 13.
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Azerbaijan's state oil and gas company, SOCAR, has signed a joint development agreement with Bulgaria’s "Asarel Energy," part of the Asarel Medet holding group. The agreement was signed on November 13 during the COP29 summit in the presence of the Presidents of Azerbaijan and Bulgaria, Ilham Aliyev and Rumen Radev.
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Saudi Electricity CEO Khalid Al-Hamidi and Baba Rzayev, Chairman of Azerbaijan's state-owned energy company Azerenergy, signed a memorandum of understanding (MoU) on Wednesday during the COP29 summit in Baku. The agreement, inked after a high-level meeting between Azerbaijan's Minister of Energy and his Saudi counterpart in the event’s Blue Zone, aims to enhance cooperation on integrating renewable energy into Azerbaijan’s power grid.
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The CEO of ICGB, the operator of the Greece-Bulgaria Interconnector (IGB), Theodor Georgieva, underscored the critical role of Azerbaijan and other gas suppliers to the European Union in the event of a potential cessation of Russian gas deliveries through Ukraine, speaking to journalists on the sidelines of COP29 in Baku.
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