Azerbaijan invited the Croatian companies to invest in agriculture, tourism, technology and chemical industry. This was said at the Azerbaijani-Croatian business forum by the head of the Azerbaijan Fund for Export and Investment Promotion (AZPROMO) Rufat Mammadov.
The business forum is held within the visit of the President of Croatia Kolinda Grabar-Kitarovic to Baku.
Addressing the event, the President of the Economic Chamber of Croatia Luka Burilovich reported that exports from Croatia to Azerbaijan amounted to 396 million dollars in 2015, which is 14% more than in 2014 year. Azerbaijan exported to Croatia goods in the amount of 392 million dollars.
During the visit, the President of Croatia also met with the President of SOCAR Rovnag Abdullayev and told him that in Croatia they are looking forward to the delivery of Azerbaijani gas to the Balkan countries through the Ionian - Adriatic Gas Pipeline.
Rovnag Abdullayev, in turn, said the Memorandum of Understanding between SOCAR and Croatia, Albania, Bosnia and Herzegovina and Montenegro on the construction of Ionian - Adriatic gas pipeline (IAP) was an important step for the energy security of the region. -71D-
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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