Azerbaijan and Iran intend to establish joint production and export to third countries, stated today in Baku Hadabaht Majid, a governor of the Iranian province of Ardebil, who is on visit to Azerbaijan. As an example, he said that Ardabil can supply potatoes in Baku, where the joint venture will make chips and export to Russia. In addition, enterprises of Ardabil can deliver in Azerbaijan various products and materials, including wood products, he said, without specifying any of the materials in question. Then he spoke about politics, saying that Iran has always supported and supports the territorial integrity of Azerbaijan. Earlier Hadabahta was received by the President Ilham Aliyev and Iranian delegation visited the city Sumgayit.-02D-
Economics
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Azerbaijani President Ilham Aliyev issued a decree on Thursday introducing amendments to several previous presidential orders concerning state administration and reconstruction services in the country’s liberated territories. These changes aim to enhance operational efficiency and clarify responsibilities for the management and restoration of these regions.
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The Ministry of Energy of Azerbaijan has begun preparations for the upcoming 11th meeting of the Southern Gas Corridor (SGC) Advisory Council and the third ministerial meeting of the Green Energy Council in Baku.
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The Cabinet of Ministers of Azerbaijan has approved a detailed list of services to be provided by the country’s Export and Investment Promotion Agency (AZPROMO), aiming to enhance support for exporters and investors in 2025. The decision was formalized under Resolution No. 11, issued on January 22, 2025.
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Taleh Kazimov, Chairman of the Central Bank of Azerbaijan (CBA), met with Anna Bordon, head of the International Monetary Fund (IMF) mission for Azerbaijan, the Middle East, and Central Asia, on January 23 to discuss the country’s key economic priorities. The meeting emphasized a shared commitment to addressing macroeconomic challenges, implementing sound monetary policy reforms, and ensuring financial sector stability in the medium term.
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