The Azerbaijan Foundation for Export and Investment Promotion (AZPROMO) will organize a business forum with participation of business delegations from Singapore in Baku Business Center on April 17.
The forum will be attended by representatives of companies working in the field of ICT, logistics, business management, pharmaceuticals, heavy engineering, construction, etc.
In 2014, the trade turnover between Azerbaijan and Singapore was more than $ 101 million. Azerbaijan’s exports (US $ 60 million) consisted only of oil and aviation fuel. About 250 names of goods were imported from Singapore, including mostly metals, electrical equipment, smart cards, oil platforms, parts of excavating machines, etc. ----08D
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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