Economics
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The 22nd meeting of the Intergovernmental Commission on Economic Cooperation between the Republic of Azerbaijan and the Russian Federation took place in Baku, underscoring the strengthening economic relations between the two nations. The meeting was co-chaired by Azerbaijan's Deputy Prime Minister, Shahin Mustafayev, and Russia's Deputy Prime Minister, Alexei Overchuk, and included participation from key government officials and representatives from both countries.
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On the eve of the Sixth Consultative Meeting of the Heads of State of Central Asia, the Second Meeting of the Transport Ministers of Central Asian countries was held in Astana on August 8, 2024.
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The State Statistics Committee (SSC) of Azerbaijan recently reported a significant rise in meat production and imports for the first half of 2024. Meat production reached 290.3 thousand tons in live weight, marking a 1.7% increase compared to the previous year. Simultaneously, meat imports grew by 23.7% in physical weight and an even more substantial 44.9% in value terms compared to the same period last year. This growth translates to an additional 4,900 tons of meat produced domestically and more than 5,000 tons imported.
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Azerbaijan Railways (ADY) has implemented a cutting-edge British system for diagnosing railway tracks, a significant step toward launching high-speed trains on the Baku-Balakyan line. The inspection covered a 162-kilometer stretch between Yevlakh and Balakyan, focusing on the precision alignment and strength of the rails.
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