The number of legal labor migrants in Azerbaijan since the beginning of the year increased by 19.75%, amounting to 26,972. This is evident from the report of the State Social Protection Fund (SSPF) of deductions for compulsory social insurance in January-October.
According to the Fund, the majority of registered migrant workers (88.2%) were male. In total there are 115 countries in the lead, as a rule, Turkey (13,583 people), Georgia – 2,949 people, Russia – 1,617, Iran - 960, India - 966, China - 844, United Kingdom - 548, Pakistan - 531, and the others are behind.
The start of attracting migrant workers to pay contributions for compulsory social insurance falls on 1 January 2006. --17D-
Economics
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The Central Bank of Azerbaijan (CBA) has approved the "Green Taxonomy," according to a decision by its Board of Directors on November 13.
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Azerbaijan's state oil and gas company, SOCAR, has signed a joint development agreement with Bulgaria’s "Asarel Energy," part of the Asarel Medet holding group. The agreement was signed on November 13 during the COP29 summit in the presence of the Presidents of Azerbaijan and Bulgaria, Ilham Aliyev and Rumen Radev.
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Saudi Electricity CEO Khalid Al-Hamidi and Baba Rzayev, Chairman of Azerbaijan's state-owned energy company Azerenergy, signed a memorandum of understanding (MoU) on Wednesday during the COP29 summit in Baku. The agreement, inked after a high-level meeting between Azerbaijan's Minister of Energy and his Saudi counterpart in the event’s Blue Zone, aims to enhance cooperation on integrating renewable energy into Azerbaijan’s power grid.
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The CEO of ICGB, the operator of the Greece-Bulgaria Interconnector (IGB), Theodor Georgieva, underscored the critical role of Azerbaijan and other gas suppliers to the European Union in the event of a potential cessation of Russian gas deliveries through Ukraine, speaking to journalists on the sidelines of COP29 in Baku.
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