An agreement between Azerbaijan and the United States on the liberalization of air transport between the two countries was signed in Baku by the head of JSC Azerbaijan Airlines (AZAL) Jahangir Asgarov and US Ambassador Robert Cekuta.
According to the official report, the agreement on the so-called Open Skies provides for the simplification of the process of organizing air travel and promoting the growth of commercial flights. Also, the state is obliged not to interfere in the commercial decisions of the airline routes and pricing in order to make the carriers competitive and provide more affordable and effective services in the field of passenger and cargo traffic.
Earlier, the US Federal Aviation Administration assigned Azerbaijan the highest level of aviation security categories "A", and then direct flights by AZAL opened from September 23, 2014 from Baku to New York and back twice a week. The flights are operated by Boeing-787-8 Dreamliners. --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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