Erevan/23.10.12/Turan-ArmInfo: Armenian President Serzh Sargsyan arrived on October 22 in Nagorno-Karabakh together with the Minister of Defense Seyran Ohanyan and other members of senior office. They visited the front lines of the Armenian forces.
Later Sargsyan and his entourage attended the training of the Armenian army, and then held a meeting with senior officers of the armed forces.
Then Sargsyan visited the Magavuz coal deposit, which exports coal to Armenia for electricity at Yerevan TPP. -02D-
Economics
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S&P Global Ratings has revised its risk assessment of Azerbaijan’s banking sector, upgrading the outlook from "stable" to "positive."
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In recent days, there have been claims that bread prices in Azerbaijan have risen. Social media users report that the price of bread has increased by 5-10 qepiks. According to consumer complaints, it is difficult to find weight information on factory-produced bread, commonly known as "zavod çörəyi" in Azerbaijan. In many cases, bread packaging does not include weight details. Similarly, bread sold at smaller bakeries and tandir houses often lacks information apart from the price.
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A trilateral meeting of the foreign ministers, transport ministers, energy ministers, and heads of customs services of Russia, Iran, and Azerbaijan is set to take place soon to discuss the progress of the Rasht-Astara railway project, a key element of the International North-South Transport Corridor (INSTC). This was announced by Iran’s Ambassador to Russia, Kazem Jalali.
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Azerbaijan and Tatarstan continue to strengthen trade and economic cooperation, based on mutual interests in energy, mechanical engineering, petrochemicals, agriculture, and transport. Bilateral relations have shown steady growth, supported by regular visits of official delegations and participation in international economic forums.
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