The Azerbaijani-Belarusian business forum will be held in Baku Business Center on July 15. The forum is expected to involve representatives of about 10 public and private Belarusian companies.
Forum is organized by the Foundation for Promoting Export and Investments in Azerbaijan (AZPROMO) with the support of the Ministry of Economy.
The forum was last held in Baku in March 2015. About 60 representatives of the two countries' businesses participated in it.
According to the State Customs Committee of Azerbaijan, for five months of 2016 the trade turnover between the two countries amounted to $ 33.5 million, which is 16.3% more than in the comparable period of 2015. Exports ($ 8 million) increased by 3.4 times and imports ($ 20.8 million) fell by 33.4%. ----08D
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
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