According to the Azerbaijani Ministry of Economy, a railway bridge will be laid in Astara over the river of the same name on April 20. It will connect two towns of the same name in Azerbaijan and Iran.
After the ceremony, the meeting of co-chairs of the intergovernmental commission on economic, trade and humanitarian issues will take place. Baku is represented by a delegation headed by the Minister of Economy Shahin Mustafayev, and Tehran is represented by a delegation headed by the Minister of Communications and ICT Mahmoud Vayezi.
Recall, according to the plans for the implementation of the transport corridor North-South, along with the construction of the bridge, an 8-kilometer stretch of the railway will be built on the territory of Azerbaijan and a 2-km section will be built in Iran. This will let transport goods from India, South Korea and China through the Iranian port Bandar Abbas on transit through Azerbaijan to Russia, Georgia, Ukraine, etc. --17D-
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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