The powers of the Ministry of Transportation have been extended. By the decree of President Ilham Aliyev, the Ministry of Transport will monitor the compulsory insurance means of passengers against accidents on railway transport.
The head of Passenger Transportation Department of CJSC Azerbaijani Railways Elyar Muradov told Turan the compulsory accident insurance applies throughout the years. "There is a contract with an insurance company on this type of compulsory insurance, which is updated annually. The ticket price is also taken into account in the insurance payment," he said.
In 2016, the State Railways transported 1 million 927 thousand passengers, which is 1.8% more than in the previous year. --08D
Economics
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According to the State Customs Committee, in the first eleven months of this year, Azerbaijan transported 6.96 million tons of cargo by rail, worth $3.01 billion. This represents a 4% decrease in volume and a 10.1% decline in value compared to the same period in 2023.
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The Cabinet of Ministers of Azerbaijan has approved a set of regulations to govern the approval of agreements under the country’s competition law, aimed at fostering compliance with legal frameworks and enhancing market transparency.
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Azerbaijan's ambitious program to restore territories liberated from Armenian occupation has attracted attention due to the extensive use of single-source procurement methods, raising concerns about transparency and corruption.
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Azerbaijan recorded a 2% increase in wheat imports from January to November 2024 compared to the same period in 2023, underscoring its continued reliance on external sources to meet domestic demand. This growth comes amid a significant decline in domestic wheat production, which decreased by 148,100 tons in 2024, further intensifying the need for imported supplies.
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