Economy of Azerbaijan from abroad increased at 7 months of this year, an amount equivalent to 2,222,314,200 manats (+46.7% compared to the same period last year).
The committee said these financial contributions were received from foreign companies and international financial institutions. The leaders are British companies, investing in local structures more than a third of all investments (855,693,300 AZN). They are followed by the U.S. companies - 267 148 700 manats.
This is followed by investors from Norway (255.19 million), Japan (228.86 million), the Czech Republic (156.5 million), Turkey (135.81 million) and France (77.53 million)
The leader among international organizations is the World Bank, the Azerbaijan capital for 67,498,900 manats. On account of the Asian Development Bank's 28.81 million manat, the Islamic Development Bank - 7.77 million manat, the Council of Europe - 1,017,700 manats. The rest of the investment was in the company of others. - 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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