I European- Azerbaijan Investment Conference will be held on September 11 in Baku, in the building of the Azerbaijan Diplomatic Academy.
The Foundation to Promote Exports and Investments in Azerbaijan told Turan the conference is organized with the joint participation of the German- Azerbaijan Chamber of Commerce. It is expected that the conference will bring together 40 entrepreneurs from Europe.
European countries are active investors in the economy of Azerbaijan. According to the State Statistics Committee of Azerbaijan, only in the first half of 2013, Britain invested in Azerbaijan is $ 746.5 million , Norway - $ 208 million, the Czech Republic - $ 129 million, France - $ 58 million, while Germany was scanty - $ 1.3 million. The bulk of investment is the share of the oil sector. - 08D -
Economics
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Chairman of the State Committee for Urban Planning and Architecture Anar Guliyev, revealed ambitious plans for the new Istisu settlement on social media, following the foundation-laying ceremony attended by President Ilham Aliyev in Kalbajar on September 2, 2024.
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As previously reported, the Istisu Mineral Water Plant was inaugurated on September 2, 2024, marking a significant advancement in Azerbaijan’s mineral water industry. President Ilham Aliyev and First Lady Mehriban Aliyeva attended the opening of this cutting-edge facility, which blends modern technology with a deep-seated tradition in mineral water production.
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In the village of Gyzyil Kengerli, located in Azerbaijan’s Agdam district, a significant agrarian development project is gaining momentum with Belarusian expertise at its core. This initiative was highlighted during a recent meeting between Anar Guliyev, Chairman of Azerbaijan’s State Committee for Urban Planning and Architecture, and a delegation led by Belarusian Deputy Foreign Minister Igor Nazaruk in Baku.
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After the 44-day war, there is increasing interest in opening railway routes between Azerbaijan, Armenia, and Turkey. This interest has heightened following the fifth round of negotiations between Armenian and Turkish special representatives Ruben Rubinyan and Serdar Kılıç at the Alijhan-Margara checkpoint on the border of the two countries.
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