Azerbaijan-Turkey Business Forum was held.4.11.2022
Azerbaijani-Turkish Investment Forum to Convene in Baku
A eminent Azerbaijani-Turkish investment forum is set to convene in Baku on December 21.
The event, graced by the participation of key dignitaries, including Azerbaijani Economy Minister Mikail Jabbarov, Turkish Trade Minister Omer Bolat, and the Head of the Financial Office of the Turkish Presidential Administration Geksel Auchan, is poised to be a focal point for discussions on strategic initiatives to fortify economic cooperation between the two nations.
Jointly organized by the Agency for Export and Investment Promotion (AZPROMO) and the Turkish Exporters Assembly (TÜIB), the forum aims to provide a platform for deliberations among business leaders, investors, and businessmen, reflecting the shared commitment of Azerbaijan and Turkey to augmenting bilateral economic ties.
The timing of the forum, dedicated to the centennials of pivotal historical milestones for both nations, adds symbolic resonance to the discussions. The commemoration of Heydar Aliyev's birth and the establishment of the Republic of Turkey underscores the enduring historical ties between the two countries and their mutual trajectory towards progress and development.
Anticipated topics of discussion encompass a spectrum of strategic issues germane to the expansion of economic cooperation, reflecting a comprehensive approach to fostering mutually beneficial partnerships.
Economics
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Azerbaijan’s Minister of Economy, Mikayil Jabbarov, participated in the "Circle of Leaders: Financing the Energy Transition - New Horizons" session during the World Economic Forum (WEF) in Davos, emphasizing the country’s strategic role in global energy security and its green energy transition initiatives.
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Around 200 employees of SOCAR, Azerbaijan's state oil company, staged a strike in Batumi, Georgia, on January 21,demanding wage increases, local outlet Batumelebi reported. Participants included technicians and staff from various departments who argued that their long-standing minimal salaries fail to reflect their workload.
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On January 21, during a meeting in Davos, Azerbaijani President Ilham Aliyev met with Henrik Poulsen, Chairman of the Supervisory Board of Carlsberg Group, and Jacob Aarup-Andersen, the company's CEO. The discussions emphasized Carlsberg Group's expanding presence in Azerbaijan and its commitment to developing local production and sustainability.
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In 2024, Azerbaijan's "Single Window" Export Support Center processed 1,747 requests from businesses and individuals, facilitating the issuance of 3,982 export certificates. According to Vusal Gasimli, Executive Director of the Center for Analysis of Economic Reforms and Communications, these efforts supported export operations valued at USD 288.2 million.
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