Cost Price of Travel in New Buses Exceeds Tariffs More than Twofold
Economics
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On May 20, the Baku-Tbilisi-Kars (BTK) railway, recently expanded, marked its new beginning with the launch of its first freight train. Departing from the Absheron Logistics Center, the train, loaded with 20 containers, is set to traverse through Georgia, according to Azerbaijan Railways CJSC.
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In a significant development at the Tajik-Azerbaijani business forum in Baku on May 20, Baku Steel Company JSC (BSC) and the Design Center for the Development of New Industrial Technologies of Tajikistan signed a Memorandum of Understanding (MoU) to strengthen mutual cooperation. This agreement was inked by Kamal Ibragimov, General Director of BSC, and Nekruy Zabirzoda, Director of the Tajik center, marking a forward step in the collaboration between these two entities.
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Key players in the Azerbaijani cement industry, including JSC Norm, JSC Holcim Azerbaijan, Arkoz Cement and Reges Cement, joined the Azerbaijan Cement Manufacturers Association (ASIA), which was a landmark step indicating a concerted effort to introduce sustainable practices in the sector.
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A new stage of expansion of the capacity of the Greece-Bulgaria interconnector (IGB), a gas pipeline through which Azerbaijani natural gas is transported to Bulgaria, is beginning.
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