Business summit EU-Azerbaijan
In four weeks, on 18 May, the 2nd EU-Azerbaijan Business Summit will start in the Azerbaijani capital Baku. Agriculture and food, transport and logistics, as well as tourism development – are the three main topics on the event agenda. The registration is still open. The summit offers a platform for European and Azerbaijani companies to investigate business opportunities and establish business partnerships in Azerbaijan. Ahead of the summit, on 17 May, the European Business Networking Meeting will take place.
EU companies interested in doing business in Azerbaijan, are invited to participate in one or both of the events. The registration for participation in the Business Summit is now open. Please contact Kristina Mammadova at kristina.mammadova@ahk-baku.de and Julia Egel at julia.egel@ahk-baku.de for more information regarding the event.
The event is supported by the EU-funded regional trade facilitation project East-Invest. It supports economic development of the Eastern Partnership region and the improvement of its business environment. East-Invest also facilitates the internationalization process for participating small- and medium-sized enterprises (SMEs) in the EaP countries and the EU. (EU Neighbourhood Info). -0-
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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