Composition of State Commission for Cooperation with IAEA Updated
Today's order of the President of Azerbaijan partly updated the State Commission for Cooperation with the International Agency for Atomic Energy (IAEA) six years later.
Late Mahmud Karimov was replaced on the list by the current President of the National Academy of Sciences Akif Alizadeh. Siyavush Azakov was replaced as chief of the State Agency for Regulation of Nuclear and Radiological Activity of MOE by his deputy Vugar Huseynov. The list also includes the Deputy Chief of the State Security Service Ismayil Baghirov, the Chairman of JSC National Center for Nuclear Research Adil Garibov, and the Deputy Minister of Justice Togrul Musayev.
In addition, the list includes the Minister of Ecology and Natural Resources Huseyn Baghirov, the Minister of Communications and High Technologies Ramin Guluzadeh, and the Education Minister Mikail Jabbarov. --17D-
Economics
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Azerbaijan is poised to increase wheat imports for the 2024-2025 season following a significant drop in domestic wheat production this year. According to data from the State Statistics Committee, the country harvested 1.68 million tons of wheat in 2024, marking an 8.1% decline from the previous year. This downturn in output, combined with rising import volumes in recent months, indicates that Azerbaijan may lean more heavily on foreign suppliers to meet its wheat needs.
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Azerbaijan Railways CJSC (ADY) has announced the restructuring of its container transportation management in an effort to enhance the efficiency of transit cargo transportation. As part of this reorganization, ADY Express will merge with ADY Container starting on November 1, 2024. The consolidation is aimed at expanding the range of services offered in both container and carriage transportation.
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Azerbaijan has introduced a legal framework enabling the electronic state registration of legal entities with foreign investments, regardless of whether their founders are individuals or legal entities, according to the State Tax Service. The announcement was made by Samira Musayeva, Deputy Head of the State Tax Service, during a meeting of the "Entering Business" Working Group.
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The World Bank aims to deepen its involvement in Azerbaijan's economic development through a new partnership framework program, according to discussions between Azerbaijani officials and World Bank representatives. The proposed framework, which will cover the years 2025-2029, is designed to support the country’s transition to an innovative and less resource-dependent economy.
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