On the 8th of December in Baku the Ambassador of the European Union Malena Mard and Economy Minister Shahin Mustafayev signed an agreement on the financing of the "Regional development program related to Azerbaijan." According to the press service of the Economy Ministry, the agreement was signed in the framework of the Program of activities for Azerbaijan in 2015, the European Neighborhood Instrument. Grant size - 14.5 million euros.
The agreement provides for technical and grant support to the system of informing and consulting business in the agricultural sector, improving the system of support for the development of small family farms and rural areas. The EU will support the Ministry of Economy in its work on consumer education, the promotion of local products, etc. 08D
Economics
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Azerbaijan’s Information and Communication Technologies Agency (ICTA) held a meeting with representatives of internet service providers (ISPs) and telecom operators to address concerns over the accuracy of reported internet speeds and the country’s ranking in global broadband performance indices.
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Bulgaria considers Azerbaijan a key strategic partner in the energy sector, as the country plays a crucial role in diversifying gas supplies and strengthening regional energy security, Bulgaria’s newly appointed Energy Minister Jecho Stankov said during a meeting with an Azerbaijani delegation.
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Rovshan Najaf, president of Azerbaijan’s state oil company SOCAR, met with Majid Jafar, CEO of Crescent Petroleum, on February 6 to discuss potential avenues for collaboration in the energy sector. The meeting marked an important step in strengthening ties between the two companies, with both sides exchanging insights on their respective operations and assessing opportunities of mutual interest.
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Rovshan Najaf, president of the State Oil Company of Azerbaijan (SOCAR), met with Sašo Berger, chairman of Slovenian energy company Petrol dd, and Simon Urbanc, CEO of Geoplin doo, on February 6, underscoring growing cooperation in the natural gas sector between Azerbaijan and Slovenia.
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