Arxiv
The Baku Business Center will host the Azerbaijan-Czech Business Forum on January 17. It will take place in the framework of the visit of the Minister of Industry and Trade of the Czech Republic Jan Mládek to Azerbaijan.
The Foundation for Promoting Export and Investments in Azerbaijan (AZPROMO) said the forum will be attended by representatives of the real Czech sector (agriculture and food industry, finance and insurance, engineering, petrochemicals, energy, glass manufacturing, logistics, construction) and legal companies.
During the first 11 months of 2016, exports of goods to the Czech Republic ($ 214,200,000) decreased by 56.5%. Azerbaijan imported goods from the country in the amount of $ 97.8 million, which is 76.4% more than in January-November 2015. --08D--
Economics
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According to the State Customs Committee, in the first eleven months of this year, Azerbaijan transported 6.96 million tons of cargo by rail, worth $3.01 billion. This represents a 4% decrease in volume and a 10.1% decline in value compared to the same period in 2023.
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The Cabinet of Ministers of Azerbaijan has approved a set of regulations to govern the approval of agreements under the country’s competition law, aimed at fostering compliance with legal frameworks and enhancing market transparency.
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Azerbaijan's ambitious program to restore territories liberated from Armenian occupation has attracted attention due to the extensive use of single-source procurement methods, raising concerns about transparency and corruption.
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Azerbaijan recorded a 2% increase in wheat imports from January to November 2024 compared to the same period in 2023, underscoring its continued reliance on external sources to meet domestic demand. This growth comes amid a significant decline in domestic wheat production, which decreased by 148,100 tons in 2024, further intensifying the need for imported supplies.
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