Azerbaijan for energy cooperation with the European Union and became the first country which had to put forward the initiative to deliver Caspian hydrocarbons to world and European markets, said the President Ilham Aliyev at the end of negotiations with the EU Council President, Herman Van Rompuy.
According to Aliyev, Azerbaijan will continue to participate in providing the energy security of European partners.
Speaking about the new fields of Azerbaijan and the value of the pipeline TANAP, Aliyev said that these projects are designed for decades, maybe centuries.
With regard to the Karabakh conflict, Aliyev pointed to Armenia’s ignoring the UN Security Council resolutions on the necessity of liberation the occupied territories of Azerbaijan. -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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