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-
Economics
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Azerbaijan is set to significantly increase the proportion of electricity generated from renewable sources, currently standing at 14.4%, Deputy Economy Minister Samad Bashirli announced on Thursday at the Think Tanks Forum of the Organization of Economic Cooperation (OIC) held in Baku.
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Azerbaijan has entered into a partnership with Italian energy firm Technip Energies SpA to implement a pyrolysis oil production project aimed at enhancing waste recycling and promoting sustainable development, officials said on Tuesday.
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Belarus and Azerbaijan signed multiple cooperation agreements on Tuesday following talks between Belarusian Prime Minister Roman Golovchenko and Azerbaijani Prime Minister Ali Asadov during Asadov’s official visit to Minsk on October 3.
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Azerbaijan's state borrowings continue to increase, despite the country still benefiting from high global oil prices. The Ministry of Finance of Azerbaijan reported that as of the first half of 2024, the country's state debt amounted to 25 billion manats, which corresponds to 21% of its Gross Domestic Product (GDP).
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