On 29-30 October Tbilisi will host the International Investment Forum. Wealthy businessmen of Azerbaijan are also invited to participate in it, said the Ministry of Economy and Industry of the Republic of Azerbaijan.
The event, according to the composition of the speakers, quite personable - have expressed a desire to participate, European Commission President Jose Manuel Barroso, Prime Minister of Georgia Irakli Garibashvili, Vice-President of the Asian Development Bank Zhang Ventsay, members of the Georgian government, including the Minister of Economy and Sustainable Development Giorgi Kvirikashvili. During the forum, also hold bilateral meetings between businessmen.
According to the State Statistics Committee of Georgia, in 2013 the volume of foreign direct investments in Georgia amounted to $ 914 million and in 2012 - the same amount. The share of Azerbaijan is $ 90 million per year, not counting contributions in international transport projects. According to President Ilham Aliyev, from 2003 to 2014 Azerbaijan transferred to the accounts of the Georgian government more than $ 4 billion. --17D-
Economics
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The Green Climate Fund (GCF), an operating entity of the financial mechanism of the UN Framework Convention on Climate Change (UNFCCC) and the body responsible for implementing the Paris Agreement, has included Azerbaijan for the first time in its list of countries eligible for funding.
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The International Telecommunication Union (ITU), the Permanent Mission of the Republic of Azerbaijan to the UN Office in Geneva and the Ministry of Digital Development and Transport organized for the heads of about 30 diplomatic missions accredited in Geneva a special briefing on the initiative "Green Digital Action", which will be presented during COP29 in November in Baku, the Ministry of Digital Development and Transport of Azerbaijan reported.
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As a member of the International Renewable Energy Agency (IRENA) Council, Azerbaijan participated in the 28th meeting of this Council in Abu Dhabi (UAE).
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Azerbaijan’s imports of animal and vegetable fats and oils climbed 23.9% by weight and 16.2% by value from January to September 2024, official data revealed. Despite the uptick in volume, the import cost of these products saw a decrease compared to the same period last year, with the cost per ton of vegetable oil falling by 6.1% to $1,199.6 in 2024, down from $1,278.6 in 2023.
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