On November 15 the Cabinet of Ministers approved the General Plans for the city of Mingachevir and the town (district center) of Gusar. Turan was told in the State Committee of Urban Planning and Architecture (SCUPA).
The customer of the development of General Plans of human settlements is SCUPA. There is an ongoing public debate on the General Plan of the Goygol region, calculated to 2033. At the approval stage are the main urban planning documents for two other cities - Ganja and Sumgait.
SCUPA noted that under the new General Plan urban planning work is carried out in 33 towns. In six of them (Masalli, Agjabedi, Goychay, Salyan, Shamkir and Khachmaz) the General Plans are in the development stage by the designing companies. -----08B
Economics
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S&P Global Ratings has revised its risk assessment of Azerbaijan’s banking sector, upgrading the outlook from "stable" to "positive."
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In recent days, there have been claims that bread prices in Azerbaijan have risen. Social media users report that the price of bread has increased by 5-10 qepiks. According to consumer complaints, it is difficult to find weight information on factory-produced bread, commonly known as "zavod çörəyi" in Azerbaijan. In many cases, bread packaging does not include weight details. Similarly, bread sold at smaller bakeries and tandir houses often lacks information apart from the price.
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A trilateral meeting of the foreign ministers, transport ministers, energy ministers, and heads of customs services of Russia, Iran, and Azerbaijan is set to take place soon to discuss the progress of the Rasht-Astara railway project, a key element of the International North-South Transport Corridor (INSTC). This was announced by Iran’s Ambassador to Russia, Kazem Jalali.
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Azerbaijan and Tatarstan continue to strengthen trade and economic cooperation, based on mutual interests in energy, mechanical engineering, petrochemicals, agriculture, and transport. Bilateral relations have shown steady growth, supported by regular visits of official delegations and participation in international economic forums.
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