The Azerbaijan Export and Investment Promotion Foundation (AZPROMO) said cooperation with Japanese entrepreneurs is promising.
At today's meeting with Japanese businessmen the business and investment climate in Azerbaijan was discussed as well as its export opportunities and facilities in industrial parks.
The turnover with the Land of the Rising Sun is still low; according to the State Customs Committee, from January to August, the figure was $ 1 million 244.3 thousand ($ 1 million 45.84 thousand of exports and $ 195.59 thousand of imports).--17D-
Economics
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Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
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The Italian government has extended the deadline for applications in the international tender for the sale of several strategic assets until February 14, confirming that a bidder from Azerbaijan remains among the frontrunners.
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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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