The Cabinet of Ministers and the State Committee for Property Affairs decided on the list (https://goo.gl/Y6yQ9Y) of enterprises to be privatized in the medium term. The list has 2,859 enterprises and objects.
The government plans to pass into private hands recreation clubs, cinemas, many departmental hospitals and clinics, recreation centers, hotels, sports facilities, farms, and industrial enterprises.
Subject to privatization are Azeraluminium, factories of Azneftkimyamas, Ganja Automobile Plant, Baku Car Repair Plant, hatcheries, the building of the Baku Maritime Station, the Baku Horserace Stadium, the Sumgait Central Stadium, etc.
Only 51 enterprises will be privatized through corporatization. The remaining businesses will be sold as a small enterprise. 63 companies will be offered for investment contest. The underground car parks at the Winter Boulevard and Azadlig Square will be transferred to control. -----08B
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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