During the working visit of AZAL President Jahangir Askerov to Djibouti on November 29-30 it was agreed to open a freight flight Baku-Djibouti, as well as create the joint Azerbaijan-Djibouti cargo company. Turan was told in the press service of CJSC Azerbaijan Airlines (AZAL).
The President of AZAL signed a Memorandum of Understanding between the Azerbaijan Airlines and Airlines Djibouti to expand cooperation.
On November 30 Asgarov met with the President of the Republic of Djibouti Ismail Omar Gelle and the Chairman of the Port de Commerce and the Free Trade Area of Djibouti Abubakr Omar Hadi.
The presentation of the project of the new International Airport of Djibouti took place. The sides discussed the possibility of participation of Azerbaijani companies in the construction work. -----08D
Economics
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Azerbaijan is set to significantly increase the proportion of electricity generated from renewable sources, currently standing at 14.4%, Deputy Economy Minister Samad Bashirli announced on Thursday at the Think Tanks Forum of the Organization of Economic Cooperation (OIC) held in Baku.
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Azerbaijan has entered into a partnership with Italian energy firm Technip Energies SpA to implement a pyrolysis oil production project aimed at enhancing waste recycling and promoting sustainable development, officials said on Tuesday.
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Belarus and Azerbaijan signed multiple cooperation agreements on Tuesday following talks between Belarusian Prime Minister Roman Golovchenko and Azerbaijani Prime Minister Ali Asadov during Asadov’s official visit to Minsk on October 3.
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Azerbaijan's state borrowings continue to increase, despite the country still benefiting from high global oil prices. The Ministry of Finance of Azerbaijan reported that as of the first half of 2024, the country's state debt amounted to 25 billion manats, which corresponds to 21% of its Gross Domestic Product (GDP).
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