In the course of the meeting between the Chairman of the Board of CJSC Azerbaijani Railways Javid Gurbanov and the Chief Executive Officer of DHL Company for Eastern Europe Steve Hyuang in Istanbul a memorandum of intent was signed on establishing a regional logistics hub in Azerbaijan.
As the press service of the Azerbaijani Railways said, transit goods coming from China to Azerbaijan will be distributed later to Turkey, Europe and Russia via this hub.
The Azerbaijani Railways did not specify the location of the logistics hub. It might be the Baku International Trade Port built in the Alat settlement, in whose territory it is also planned to create a free economic zone. ---08D
Economics
-
Azerbaijan’s corporate sector needs to develop an appropriate system for assessing employees, according to Jalal Gasimov, CEO of PASHA Holding. Speaking at the Human Development Forum in Baku, Gasimov emphasized the importance of moving beyond merely evaluating employees based on performance outcomes.
-
The launch of the Azeri Central East (ACE) platform in Azerbaijan's Caspian Sea shelf marked an important milestone for BP in 2024, said BP CEO Murray O'Kinkloss on February 11, presenting the company's 2024 report.
-
Cargo transportation along the Middle Corridor (Trans-Caspian International Transport Route, TMTM) reached a record 3.3 million tons in 2024, marking a 20% increase year-on-year, according to the Secretary General of the International Association "Trans-Caspian International Transport Route" Khaydar Abdikerimov.
-
Azerbaijan’s national carrier AZAL and Israel’s El Al Airlines have announced a new partnership under a codeshare agreement, allowing passengers of both airlines to access joint flights, the carriers said in a statement on Sunday.
Leave a review