Today, January 17 the Baku Business Center hosted the 7th in a row Azerbaijani-Czech business forum in which issues of bilateral cooperation were discussed.
Besides 160 business representatives of the two countries, the forum was attended by the Minister of Industry and Trade of the Czech Republic Jan Mládek. The companies represented the agricultural, industrial, financial and social sectors, the construction sector, logistics, etc.
Azerbaijan has 19 companies with Czech capital, Economy Minister Shahin Mustafayev said at the forum. According to him, the Czech Republic has invested $ 1.3 billion in Azerbaijan’s economy. Czech companies are contractors 6 projects totaling $ 1.6 billion.
Tomorrow Baku will host the fourth meeting of the intergovernmental commission of Azerbaijan and the Czech Republic. -----08D
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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