The problems during transporting Azerbaijani agricultural products to Russia have been resolved by agreement between the customs services of the two countries, reads the information of the State Customs Committee of Azerbaijan. According to the same source, the reason for the delay of the production on the border of the Russian side became the suspicions that agricultural products are not produced in Azerbaijan, and are imported from third countries. After the talks of the head of the State Committee Aydin Aliyev with the leaders of the Russian customs I the issue was resolved. According to the agreement, the detained products in a short time will be sent to Russia. Currently on the Azerbaijani-Russian border stand idle dozens of trucks loaded with vegetables and fruits, waiting for admission. This problem arose after the Russian ban on the import of agricultural products from Turkey, and re-export of these products through third country. -03D-
Economics
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The Central Bank of Azerbaijan (CBA) has approved the "Green Taxonomy," according to a decision by its Board of Directors on November 13.
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Azerbaijan's state oil and gas company, SOCAR, has signed a joint development agreement with Bulgaria’s "Asarel Energy," part of the Asarel Medet holding group. The agreement was signed on November 13 during the COP29 summit in the presence of the Presidents of Azerbaijan and Bulgaria, Ilham Aliyev and Rumen Radev.
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Saudi Electricity CEO Khalid Al-Hamidi and Baba Rzayev, Chairman of Azerbaijan's state-owned energy company Azerenergy, signed a memorandum of understanding (MoU) on Wednesday during the COP29 summit in Baku. The agreement, inked after a high-level meeting between Azerbaijan's Minister of Energy and his Saudi counterpart in the event’s Blue Zone, aims to enhance cooperation on integrating renewable energy into Azerbaijan’s power grid.
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The CEO of ICGB, the operator of the Greece-Bulgaria Interconnector (IGB), Theodor Georgieva, underscored the critical role of Azerbaijan and other gas suppliers to the European Union in the event of a potential cessation of Russian gas deliveries through Ukraine, speaking to journalists on the sidelines of COP29 in Baku.
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