As part of the Azerbaijan International Conference "Telecommunications and Information Technology" BakuTel 2012 held in Baku Azerbaijan ICT Forum - USA, organized jointly by the Ministry of Communications and Information Technologies of Azerbaijan, American Chamber of Commerce (AmCham) and the Embassy of the United States Azerbaijan.
The parties signed a memorandum of cooperation in the sector of information and communication technologies between Azerbaijan and the United States.
The document signed by the head of Ministry of Communications Ali Abbasov and US State Department Coordinator for International Communications and Information Policy Philip Verveer.
The forum, which was attended by government officials and private sector representatives of the two countries, discussed the prospects of the development of relations between the two countries in the field of communications and information technology, by sharing their experiences. - 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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