General Collective Agreement signed
The Cabinet signed a tripartite general collective agreement on social and economic policy and social and labor relations in 2014-2015. The text of the document is not particularly different from the previous two-year agreement, under which also was signed by the leaders of trade union confederations of employers 6th March 2012.
Four months late, the general collective agreement provides for a number of parties' obligations in the field of economic policy until the end of 2015, wages, living standards and incomes, the labor market and employment, strengthening social protection and labor rights.
Most of the articles of the agreement came from the old document. For example, the parties pledged that they would consult with the government's decision on tariffs and prices of state-regulated goods and services. However, late last year, the government raised retail fuel prices, which have learned at the National Confederation of Entrepreneurs (Employers) and the Confederation of Trade Unions of Azerbaijan from the media. Formally provided are regular negotiations between the parties on the implementation of the requirements of this agreement. However, the parties never informed about these meetings.
The document is no word on why the commitments were not fulfilled. Like two years ago, the parties declare to be signed in the framework of cooperation with the International Labour Organization (ILO), the State program on decent work, align ILO Convention number 131 the concept of "minimum wage" and indexing it to inflation.
Under the agreement, Azerbaijan's GDP will grow in 2014-2015, respectively, 4.3% and 6.5%, industry - 2.2 and 2.9%. Incomes of the population will grow by 6.8% and 6.6%.
Azerbaijan is probably one of the few countries in the CIS and Europe, where there are no sectoral (tariff) agreements based on the General Collective Agreement. Trade union organizations, as well as the Confederation of Entrepreneurs are loyal to the government and have no influence in society. The Confederation of Trade Unions has never protested against the low level of protection of labor rights, and organization for entrepreneurs, expressed no relation to the high level of monopolization and unfair competition on the part of the oligarchy. - 08D-
Economics
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Azerbaijan’s gross domestic product (GDP) reached 126.3 billion manats in 2024, marking an increase of 3 billion manats, or 2.4%, compared to the previous year, according to data released by the State Statistics Committee. In 2023, nominal GDP stood at 123 billion manats.
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The latest data from the State Statistics Committee reveals that as of December 1, 2024, the total number of salaried workers in Azerbaijan stood at 1.775 million, with 884,400 employed in the public sector and 890,900 in the private sector. This figure falls significantly short of the government's ambitious targets set seven years ago, raising concerns about employment opportunities, particularly for the country's burgeoning youth population.
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Azerbaijan's legal and physical entities engaged in trade operations with partners from 176 countries between January and November 2024, exporting goods to 120 nations and importing from 167, according to the State Customs Committee.
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Azerbaijan's retail trade turnover climbed 3.9% in real terms in 2024 compared to the previous year, reaching a total of 62.2 billion manats, the State Statistics Committee revealed. Food, beverages, and tobacco accounted for 34.1 billion manats, while non-food products contributed 28.1 billion manats to the total.
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