femida.az
The Ministry of Labor and Social Protection of Population presented the activities of the ABAD legal entity of public right (support to family business in the ASAN system).
According to the head of the Ministry, Salim Muslimov, ABAD implements projects that form competitive family farms in support of small and medium-sized businesses.
"We are implementing a program of self-employment, and the organization will be an additional effective support mechanism for the creation of family farms by low-income families," said the Minister.
Recall, the innovation was introduced by order of the President "On additional measures in self-employment" on April 7, 2016. According to the document, AZN 6 million was allocated for these purposes. This is supposed to provide self-employment for some 1,400 families for which small family farms have been created. --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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