On December 22, in the city of Tabriz (Iran), there was a trilateral meeting of the representatives of the railways of Iran, Azerbaijan and Georgia.
The Head of CJSC Azerbaijani Railways Javid Gurbanov, the Director General of Iranian Railways Mohsen Purseid Agai, and CEO of JSC Georgian Railways Mamuka Bakhtadze discussed the prospects of transit cargoes from the Black Sea to the Persian Gulf through the ports of Georgia and Azerbaijan.
The press secretary of Azerbaijan Railways Nadir Azmammadov told Turan that after the talks they signed a protocol on trilateral cooperation in this area. -03B04-
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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