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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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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