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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Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
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Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
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The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
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There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
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