The third Turkish-Azerbaijani-Georgian business forum will be held on May 21 in Gabala.
Previous discussions with senior economic ministers of the three countries were in Tbilisi (February 2012) and Kars (June 2012).
The Ministry of Economic Development told Turan, that the forum will discuss the prospects for expanding trilateral economic cooperation.
Presentations will also be held for new investment opportunities, bilateral and multilateral meetings of business circles of the three countries.
Azerbaijan, Turkey and Georgia are joined by close economic ties. On the territory of these countries are oil and gas pipelines Baku-Tbilisi-Ceyhan and Baku-Tbilisi-Erzurum gas pipeline. In the final stage the railway Baku-Tbilisi-Kars. -08D-
Economics
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Azerbaijan has dispatched its first rail cargo shipment from Baku to China, marking a significant milestone in its ambitions to become a critical hub along the Middle Corridor. The Azerbaijan Railways (ADY) confirmed on Sunday that the inaugural "Baku-Xi'an" export block train, comprising 62 40-foot containers, has begun its journey.
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Azerbaijan’s Cabinet of Ministers approved a detailed framework for the preparation of sector-specific strategic plans aimed at guiding the country’s economic development over the medium term.
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Azerbaijan’s ADY Express, a subsidiary of Azerbaijan Railways CJSC, signed several strategic agreements on the sidelines of the Logitrans Türkiye 2024 exhibition in Istanbul, Turkey, reinforcing its commitment to expanding freight transport services along the Middle Corridor.
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Azerbaijan plans to establish state-of-the-art battery storage facilities for green energy with a total capacity of 350 MW within the next 4-5 years, a well-informed source in the Ministry of Energy told Turan.
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