Russian Premier: Russia and Turkey found agreement on all issues of Turkish Stream project
Russian and Turkish governments have a principal agreement on construction of the Turkish Stream gas pipeline, said Russian Premier Dmitrii Medvedev.
It has not been reported if the Turkish side has given permission to construction of the pipeline, but Gasprom already said that it is going to start pipe laying in June 2015.
The Turkish Stream is a big project. We are certainly interested to build a serious legal basis for the project. All the documents are ready and everything went fine. All the principal agreements have been reached with the Turkish government to this effect,” Medvedev assured.—0—
Economics
-
The Union of Chambers of Commerce and Industry (UCCI) of the Organization of Turkic States (OTS) held its General Assembly in Baku on December 26, highlighting dynamic economic growth and deepening integration among member states. Representing Azerbaijan and other OTS member states, business and government leaders discussed trade, investments, and regional connectivity projects.
-
Rice imports to Azerbaijan have soared to unprecedented levels during the January-November 2024 period, reflecting both rising domestic demand and increasing global food prices. Over this period, the country imported 60,400 tons of rice, marking an 18.6% increase in volume and a 35.3% rise in value compared to the same period in 2023.
-
Over 17,750 life insurance contracts and 40,661 property insurance contracts were signed through Azerbaijan’s Mortgage and Credit Guarantee Fund (MCGF) between 2022 and 2024, reflecting the growing role of the Fund in strengthening the housing finance and insurance markets. These figures were revealed by Rasim Abdullayev, Director of the Mortgage Lending Department at MCGF, during the seminar "Tools for Supporting Housing Finance and Entrepreneurship."
-
The value of paid services provided to the population in Baku reached 6.94 billion manats in the first eleven months of 2024, reflecting a real-term increase of 9.2% compared to the same period in 2023, according to data from the Baku City Statistical Department.
Leave a review