In the first eight months of this year on the international transport corridor through the territory of Azerbaijan there was transported 4 million 855.5 thousand tons of cargo, which is 25.9% less than in the comparable period of 2015, the State Statistical Committee told Turan.
Transportation of transit cargo via the TRACECA corridor for rail and water transport is almost equally distributed - about 2 million 246 thousand tons each. At the same time the railway reduced transportation of transit goods by 4.5%, while the trade fleet – by 39.5%.
Despite the decline in freight traffic, the income of carriers on transit traffic (120.5 million AZN) increased compared with the eight months of last year by 47.2% due to the devaluation of the manat.
The gains on rail transport reached AZN 56.2 million (+ 63%), and the gains on water transport reached AZN 64.2 million (+ 35.6%). ----08B
Economics
-
Azerbaijan’s Milli Majlis ratified the second amendment to the agreement on the joint development of the Azeri-Chirag-Gunashli (ACG) oil and gas block during its plenary session on Wednesday. The bill was submitted to parliament as a legislative initiative by President Ilham Aliyev.
-
The 104th meeting of the Commonwealth of Independent States (CIS) Economic Council was held in the Russian capital, with representatives from member states discussing enhanced economic collaboration and key regional initiatives. Azerbaijan was represented by First Deputy Prime Minister Yagub Eyyubov.
-
Azerbaijan’s Information and Communication Technologies Agency (IKTA) reported significant improvements in the quality of internet and telecommunications services in the first half of 2024, driven by a comprehensive assessment framework and enhanced regulatory measures.
-
In 2024, Azerbaijan will double its gas supply to Bulgaria, which not only uses this gas for its own needs but also partially sends it to its Balkan Gas Hub and, by agreement with SOCAR, organizes the transit of various volumes to its neighbors.
Leave a review