Manat monetary base has grown in the past month, more than one and a half percent

The upcoming 29th Conference of the Parties (COP29) is expected to mark a turning point in the global fight against climate change, as negotiators anticipate a groundbreaking agreement on climate finance and the formation of regulated carbon markets, in line with Article 6 of the Paris Agreement.

During the regular meeting of the Economic Council under the Cabinet of Ministers of Azerbaijan, chaired by Prime Minister Ali Asadov on October 10, discussions centered on the “Rules for Conducting Import-Export Operations in the Republic of Azerbaijan” and the activities of the Closed Joint Stock Company "Southern Gas Corridor."

Azerbaijan’s President Ilham Aliyev has signed a decree approving the "National Strategy for the Efficient Use of Water Resources," aiming to enhance water management and address water scarcity in the country. The decree, based on the Azerbaijani Constitution’s Article 109, mandates the coordination of measures outlined in the strategy by a commission established under a previous presidential decree.

The market for vegetable and animal fats in Azerbaijan is largely shaped by a structural dependence on imports, as domestic production remains insufficient to meet the country's growing consumption needs. This dependency is underscored by several economic factors, including limited agricultural production and a lack of processing facilities, leaving the sector ill-prepared to reduce reliance on foreign supplies.