As of April 1 the communication services, including mail, had 372.8 million manats of total GDP revenues (+ 8.9% over the same period last year), the State Statistics Committee reported.
Traditionally, more than half (50.78%) of the services are rendered by three mobile operators, Azercell Telecom, Bakcell and Azerfon. In comparison with the first quarter of last year, their income in absolute terms decreased by 8.2% and they collectively earned 189.3 million AZN.
Specific weight of the private sector, including the mobile operators mentioned, in the total communication and mail system was 80.7%, with almost three-quarters (71.6%) of consumption by individuals, who paid out 266.9 million AZN. --17D-
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
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