"Azerbaijan Art Festival - 2013" (June 4 - July 11) finished on a positive note. Conducted as part of the festival, the exhibition was visited by over 2 million people, master classes conducted about 400 students and young people.
The sponsor of the marathon was the mobile operator Nar Mobile, the event was supported by the Ministry of Culture and Tourism, organized by Baku Creative Center. The festival covered 11 cities and districts of Azerbaijan. In the framework of the exhibition and held master classes in Baku, Sumgait, Shirvan and Mingachevir, as well as in the districts of Salyan, Saatli, Kurdamir, Sheki, Gakh, Ismailly and Khachmaz.
Demonstrated at trade shows about 40 works by 17 artists, and also conducted master classes for young people with creativity. According to the CEO of Azerfon Kent McNeely, Nar Mobile is trying to support projects aimed at preserving and developing the national and cultural heritage of the Azerbaijani people, "and that is why we gladly welcomed the idea of ??holding the Festival of Arts of Azerbaijan and supported this initiative. We are planning similar projects in the future." -17D-
Economics
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Azerbaijan’s economy, which is heavily dependent on oil revenues, faces a stark warning in the 2021 report by Carbon Tracker titled “Beyond the Oil States: The Urgent Need to Reduce Dependence on Oil in the Context of the Energy Transition.” The report ranks Azerbaijan among the most vulnerable oil-dependent countries, placing it in the "5th group" — a category reserved for nations expected to experience a decline in oil and gas revenues exceeding 40% over the next decade. This group includes Angola, Bahrain, Timor-Leste, Equatorial Guinea, Oman, and South Sudan, highlighting shared economic risks for these states.
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Azerbaijan's non-oil and gas exports rose 3.5% year-on-year to $2.8 billion during the first ten months of 2024, the Center for Analysis of Economic Reforms and Communication (CAERC) reported in its November "Export Review."
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Azerbaijan Railways CJSC (ADY) will modify the schedules for commuter and domestic trains in line with the Cabinet of Ministers' decision to adjust work and rest days in November, aiming to ensure safe and comfortable travel during the COP29 event, the company announced.
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In Azerbaijan, the government has increasingly relied on tax exemptions for imported goods as a tool to stabilize domestic market prices. The exemption from the 18% VAT on wheat imports, extended this year, exemplifies this approach. New measures have also been introduced, including tax relief on imports of electric vehicle chargers, while exemptions for high-cost medications are currently under discussion. Notably, defense imports continue to be free from taxes and customs duties.
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