Today in Baku was the second meeting of the Azerbaijani-Serbian intergovernmental commission, which discussed a wide range of trade and economic relations between the two countries.
Co-Chairman of the Azerbaijani side, Minister of Economic Development Shahin Mustafayev said Azerbaijan attaches great importance to the expansion of trade relations with Serbia. The increase by 15 times of the trade between the countries in January-September 2012 shows tremendous potential. The Minister noted that public and private entities of the two countries can develop links in the construction of infrastructure, agriculture, health, education, ICT, energy, environmental protection, energy, tourism, etc.
Deputy Prime Minister of Serbia Rasim Ljajic said that Serbia is interested in the development of trade and economic relations with Azerbaijan.
Following the meeting, a protocol was signed to discuss a range of issues. - 08D-
Economics
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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Azerbaijan Railways CJSC (AZD) transported 713,699 passengers in January 2025, marking a 15% increase compared to the same period last year, the company said on Tuesday.
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Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
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