Azerbaijan passed Ukraine a draft agreement on the establishment of the international transport corridor "Baltic Sea - Black Sea - Caspian Sea", reported on Friday the press service of the Ministry of Regional Development of Ukraine.
According to the vice-premier of the country Gennady Zubko, the transport corridor synchronizes several freight routes and will foster the development of an integrated transport strategy for the region. Besides the fact that between Kiev and Baku continues cooperation on the project "Silk Road", as the results of the test container train on the route Ukraine - Georgia - Azerbaijan - Kazakhstan - China proved technical and technological possibilities of such shipments. On June 23 it became known that China is planning to invest $15 billion in "Economic Belt of the Silk Road, " - a project that will link the Far East, Central Asia and Europe. -02D-
Economics
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Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
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The Italian government has extended the deadline for applications in the international tender for the sale of several strategic assets until February 14, confirming that a bidder from Azerbaijan remains among the frontrunners.
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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