The Minister of Communications and Information Technology of Iran, Co-chairman of the Azerbaijani-Iranian intergovernmental commission on cooperation in economic, trade and humanitarian spheres Mahmoud Vaezi has arrived in Baku.
According to the embassy of the country, the purpose of the arrival of the "main Tehran communicator" is participation in the 20th International Exhibition and Conference Telecommunications and Information Technology (BakuTel-2014) from 2 to 6 December.
The plan of the high-ranking official includes a meeting with the local counterpart Ali Abbasov, as well as at the conference presentation. Also expected is a meeting with the Minister of Economy and Industry Shahin Mustafayev and other officials of Azerbaijan. --17D-
Economics
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Azerbaijan’s COP29 Operating Company is advancing green energy initiatives with partners to power the Baku Olympic Stadium, host of the upcoming COP29 climate summit, and to promote sustainability across Azerbaijani regions.
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Azerbaijan's car market has shown mixed trends in 2024, with a sharp drop in the volume of imported vehicles but a rise in overall import costs, according to data for the first nine months.
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Azerbaijan’s real estate market, particularly in Baku, continues to see significant price growth in 2024, with apartment prices up by 9.2% in the first nine months of the year. The trend is largely driven by supply shortages, inflation, and rising demand from investors, according to market analysts.
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The Small and Medium Business Development Agency of Azerbaijan (KOBİA) has focused its support efforts on the Baku economic region, approving 220 business plans from January to September 2024, underscoring its commitment to fostering business growth within the country.
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