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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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
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