During the visit to Azerbaijan of the Vice-President of the Federal Economic Chamber of Austria Richard Shents December 5 Baku will host a business forum with participation of businessmen of the two countries.
The fund export promotion and investment in Azerbaijan told Turan, that participation in the forum will bring together representatives of about 20 Austrian companies operating in various sectors of industry and construction, oil and gas, chemical and light industry , ICT, engineering, food processing machinery , logistics , ventilation systems, consulting , etc. Forum will be held in Baku Business Center.
According to the State Customs Committee, in the first nine months of 2013 the volume of exports from Azerbaijan to Austria increased in comparison with the comparable period last year from $ 69.1 million to $ 253.8 million. From Austria in the opposite direction was delivered goods worth $ 72.5 million that is 27.1% less than in the same period in 2012. - 08D-
Economics
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Azerbaijan and EIB Global, the European Investment Bank’s external branch, signed a Memorandum of Understanding (MoU) at the COP29 climate summit to modernize and expand the Baku metro network, officials said on Thursday.
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International Energy Agency (IEA) Executive Director Fatih Biröl underscored the importance of tripling global renewable energy capacity by 2030 and doubling energy efficiency during his remarks at a ministerial meeting in Baku on Friday, emphasizing that these issues would be central to discussions at COP 29.
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During COP29, the Ministerial Meeting on Climate and Innovation Dialogue of the United Nations Special Programme for the Economies of Central Asia (SPECA) marked a milestone with the signing of a declaration to establish the SPECA Climate and Innovation Dialogue and the launch of the SPECA Multilateral Trust Fund.
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Kazakhstan's Vice Minister of Energy, Ilyas Bakhytzhan, highlighted the ambitious sustainability and environmental security plans shared by Central Asian countries and Azerbaijan during a joint event with IRENA and Azerbaijan's Ministry of Energy at COP29.
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