There is a hope that the new agreements on the Caspian Sea status will be reached at the summit , which is scheduled to be held in Russia next year, Azerbaijani Deputy Foreign Minister Halaf Halafov told journalists yesterday.
He said the Caspian Sea countries positions to the Caspian Sea status have become closer.
The working groups have been working on the draft document, which the presidents could sign at the summit in Russia. In quarter 1, 2014 the Foreign Ministers plan to meet before the summit to discuss the issues planned to be considered at the summit, Halafov said. He said the meeting of the working group will take place in Astana at the end of January.
In addition to the Caspian Sea status, the working group will discuss signing of the agreements on protection of biological resources and ecological issues. This is especially related to determination of the fishing zone.--0--
Economics
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According to the State Customs Committee, in the first eleven months of this year, Azerbaijan transported 6.96 million tons of cargo by rail, worth $3.01 billion. This represents a 4% decrease in volume and a 10.1% decline in value compared to the same period in 2023.
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The Cabinet of Ministers of Azerbaijan has approved a set of regulations to govern the approval of agreements under the country’s competition law, aimed at fostering compliance with legal frameworks and enhancing market transparency.
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Azerbaijan's ambitious program to restore territories liberated from Armenian occupation has attracted attention due to the extensive use of single-source procurement methods, raising concerns about transparency and corruption.
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Azerbaijan recorded a 2% increase in wheat imports from January to November 2024 compared to the same period in 2023, underscoring its continued reliance on external sources to meet domestic demand. This growth comes amid a significant decline in domestic wheat production, which decreased by 148,100 tons in 2024, further intensifying the need for imported supplies.
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