Ministry of Labor Intends to Reject Unqualified Guest Workers
Azerbaijan intends to refuse the services of low-skilled foreign professionals. At yesterday's meeting of the government on the basis of the first half of 2015 the Minister of Labor and Social Protection of Population Salim Muslimov said they will tighten the rules for issuing permits for the activities of migrant workers.
From January to July, according to him, the State Migration Service received 935 requests for registration of labor migrants' rights. Although this figure is 11.8% more than in the same period last year, only 7% of these applications relate to highly qualified specialists.
"In accordance with the decree of 24 December 2014 on the formation of patenting in the labor market in order to attract highly qualified personnel, as well as the tightening of the rules permitting the unskilled, proposals have been developed to be submitted in the near future," said the minister. --17D-
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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