Since the beginning of the year increase of foreign labor was 2 544 people
The number of registered migrant workers in Azerbaijan is growing.
According to the State Social Protection Fund (SSPF), YTD increase of foreign labor was 2 544 persons or 15.6 %. As of October 1, they are 16 297 people, of whom only 9.8 % are women.
Most are citizens of Turkey (9 498, or 58.3 % of all migrants), followed by Georgia - 1 762 and Russia - 827 representatives.
They are followed by Iran (532 people), China (396), India ( 399) and the UK ( 240 ) . Total in Azerbaijan officially registered migrant workers from 99 countries in the world. These figures do not fully reflect reality. Many foreigners that come for the construction of large-scale investment projects are exempt the Migration Service.
The adoption of a mandatory registration of foreigners with the State Social Protection Fund began on January 1, 2006 . - 17D-
Economics
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Azerbaijan’s state oil company SOCAR signed a memorandum of cooperation with North Macedonian company ECM on Thursday, during a visit to Baku by North Macedonia's President Gordana Siljanovska-Davkova, an informed source told Turan.
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Discussions were held in Baku within the framework of the 29th session of the Conference of the Parties (COP29) to the UN Framework Convention on Climate Change, focusing on the "Decarbonization and Climate Adaptation of the Cotton-to-Clothing Value Chain." Among other topics, the state of cotton farming in Azerbaijan was also addressed.
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Azerbaijan has attracted significant interest from companies in both developing and developed countries, as well as from state and private sector representatives of at least 10 nations, regarding participation as shareholders in the Climate Finance Action Fund (CFAF), which has a total budget of $1 billion. The CFAF is one of Azerbaijan’s 14 key initiatives unveiled at COP29, Yalchin Rafiev, Azerbaijan's chief negotiator at COP29 and Deputy Foreign Minister, said at a press conference on Tuesday.
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The Azerbaijani government has proposed that the OPEC Fund participate in financing several renewable energy projects, including offshore wind energy development, green energy corridor initiatives, and a 1 GW project planned by SOCAR in partnership with the UAE-based company Masdar.
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