The 4th meeting of the Azerbaijani-Hungarian Joint Commission on Economic Cooperation will be held on January 28 in Baku , in which the business communities of the two countries will hold a forum for the development of trade and economic relations . Previous business forum was organized in Baku in February 2011.
The Fund for Export Promotion and Investment in Azerbaijan (AZPROMO) told Turan that the forum is expected to involve representatives from several Hungarian private companies operating in various sectors of the economy (construction, ICT, agriculture, food equipment, textiles, pharmaceuticals, tourism, finance, alternative energy, real estate, packaging, etc.).
In 2012-2013, exports to Hungary were at an insignificant level (within $ 50 million). Imports from Hungary to Azerbaijan totaled $ 33 million, which is 39.4 % more than in 2012. Note that Azerbaijan imports from that country about 170 items of goods, mainly medicines, generators, cars, women's and children's hygiene products, accessories for phones, overhead and tower cranes, and food. - 08D -
Economics
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Rashad Huseynov has been appointed as the new director of the Center for Agricultural Research under the Ministry of Agriculture, replacing Firdousi Fikretzade who led the center since 2019. Fikretzade stepped down from his position on June 10 at his own request.
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Since July 1, bus and metro fares have increased by 10 qəpik, reaching 50 qəpik. The fare for buses on the Baku-Sumgayit route has risen from 60 qəpik to 70 qəpik. However, it is reported that there has been no improvement in service quality following the price increase. According to complaints, air conditioners are not working on buses operating in the periphery, and overcrowding persists.
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Rovshan Najaf, President of the State Oil Company of the Republic of Azerbaijan (SOCAR), held a meeting with Bojan Kumer, Slovenia's Minister of Environment, Climate and Energy, to discuss bilateral cooperation in the energy sector.
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Azerbaijani Energy Minister Parviz Shahbazov met with a delegation led by the World Bank's Regional Director for the South Caucasus, Roland Price, to discuss the development of cooperation in the energy sector.
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