On April 26 the Baku Business Center will host a business forum with the participation of the delegation of representatives of more than 20 Spanish companies, Turan was told in the Fund for Promoting Export and Investments in Azerbaijan (AZPROMO).
Spanish companies are engaged in such business areas as construction, transport, energy, industry, agriculture, environmental protection, consulting, etc.
The business forum will be held in the framework of the visit of the Foreign Minister Jose Manuel Garcia Margallo to Baku.
According to the State Customs Committee of Azerbaijan, in the first quarter of this year the trade turnover between Azerbaijan and Spain amounted to $ 37.8 million, having decreased over the year by about $ 100 million. Spain ($ 11.7 million) for this period increased its exports by 17%, and Azerbaijan in connection with the decline in oil prices reduced the export in value terms by 80%. -----08D
Economics
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Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
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The Italian government has extended the deadline for applications in the international tender for the sale of several strategic assets until February 14, confirming that a bidder from Azerbaijan remains among the frontrunners.
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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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