President Ilham Aliyev signed a decree on September 1 "On the financing of certain activities related to the development of tourism in Azerbaijan."
According to the document, in order to promote tourism and expand the possibilities of using modern information and communication technologies in this field, from the Reserve Fund of the President of the Republic of Azerbaijan for 2016 the Ministry of Culture and Tourism will be allocated 800 thousand manats.
Of this sum 400,000 manats will be spent on the establishment of the Register of Tourism and another 400,000 manats - on carrying out a shopping festival in Baku.
Another decree of the President is on the annual observance of September 27 in the Republic of Azerbaijan as a professional holiday, Day of Tourism Employees.- 06D--
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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