Silk Way Travel, the largest travel agency in Azerbaijan became an independent legal entity. Prior to that, this travel agency acted as a branch of the airline Silk Way Airlines.
Silk Way Travel has operated since 2008 and is the exclusive agent of the national carrier of Azerbaijan CJSC Azerbaijan Airlines. The company has agency agreements with all airlines flying to Azerbaijan and holds a leading position in the sphere of air transport sales.
The travel agency has a network of representative offices and sales outlets both in Azerbaijan and in other countries (Russia, Ukraine, the United Arab Emirates, Georgia, Italy, Kazakhstan, and Turkey).
Every year, Silk Way Travel organizes trips abroad for 10-15 thousand Azerbaijani tourists.
They could not name the number of employees due to their reduction and the closure of several offices in the country. --08B
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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