For the construction of the Iranian section work is carried out at an accelerated pace, and in March of this year, the railway line Astara (Iran) - Astara (Azerbaijan) will be put into operation. This was said at a meeting in Baku with the Chairman of the Board of CJSC Azerbaijani Railways Javid Gurbanov by the Deputy Minister of Roads and Urban Development of the Islamic Republic of Iran, President of Iranian Railways Saeed Mohammadzadeh this week.
In the Iranian Astara a railway station and a cargo terminal are built.
Azerbaijan has completed the construction of a single-line railway from the railway station Astara to the state border, with a length of 8.3 km and a railway bridge. The work is carried out in the framework of the North-South international transport corridor. -----08D
Economics
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According to the State Customs Committee, in the first eleven months of this year, Azerbaijan transported 6.96 million tons of cargo by rail, worth $3.01 billion. This represents a 4% decrease in volume and a 10.1% decline in value compared to the same period in 2023.
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The Cabinet of Ministers of Azerbaijan has approved a set of regulations to govern the approval of agreements under the country’s competition law, aimed at fostering compliance with legal frameworks and enhancing market transparency.
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Azerbaijan's ambitious program to restore territories liberated from Armenian occupation has attracted attention due to the extensive use of single-source procurement methods, raising concerns about transparency and corruption.
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Azerbaijan recorded a 2% increase in wheat imports from January to November 2024 compared to the same period in 2023, underscoring its continued reliance on external sources to meet domestic demand. This growth comes amid a significant decline in domestic wheat production, which decreased by 148,100 tons in 2024, further intensifying the need for imported supplies.
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