In Baku, Azerbaijan business forum will take place - North Rhine-Westphalia
The First Economic Forum Azerbaijan - North Rhine-Westphalia, where representatives of business circles of Azerbaijan and Germany to discuss the possibility of expanding economic ties, will be held in Baku July 2.
Forum organized by the NRW International and the Chamber of Commerce in Dortmund with financial support from the Ministry of Economy, Energy, Construction and Transport Province of North Rhine-Westphalia, Germany. Turan was told by the German-Azerbaijani economic union (DAWF).
The forum will be presented to companies operating in the fields of nanotechnology, engineering, agricultural machinery, chemical industry and construction. ---08D-
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- 27 June 2012 15:46
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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