rthvictoria.com
In 2016 the number of foreigners visiting Azerbaijan increased by 12.1% and reached 2 million 248.8 thousand people, the State Statistics Committee.
The number of active tourists from Arab countries (Iraq, UAE, Saudi Arabia, Qatar) has grown significantly. The intensity of tourists from Iran has increased by 66.2%, Egypt - 51.8%, China - 44.5%
According to the SSC, from CIS countries to Azerbaijan 868 thousand people came in 2016, by 8.1% more than in 2015.
Geography of the tourists changes not only for the better. For example, from the European Union 91.1 thousand people came to Azerbaijan last year. This is 16.6% less than the year before.
The Azerbaijani government softens visa procedures in relation to foreigners in order to increase the flow of tourists from different countries. However, many experts propose to abolish visas for citizens of EU countries, other European states, US, etc. ---08D
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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