The Acting President of Tatarstan (an autonomous region in Russia) Rustam Minnikhanov arrives in Baku on a working visit.
According to the government of Tatarstan, his plan includes a meeting with the Azerbaijani President Ilham Aliyev and the launch of the conveyor assembly of trucks KAMAZ at the Ganja Automobile Plant (in February the Ganja Production Association signed a formal distribution agreement with JSC KAMAZ on the assembly and sale of these trucks here and in third countries).
Recall the factory in Ganja under the intergovernmental agreement assembles tractors Belarus and MAZ trucks from Belarus.
The plans of the delegation also include meetings on investment projects with members of the Cabinet of Ministers of Azerbaijan, local industrialists and entrepreneurs. --17D-
Economics
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According to the State Customs Committee, in the first eleven months of this year, Azerbaijan transported 6.96 million tons of cargo by rail, worth $3.01 billion. This represents a 4% decrease in volume and a 10.1% decline in value compared to the same period in 2023.
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The Cabinet of Ministers of Azerbaijan has approved a set of regulations to govern the approval of agreements under the country’s competition law, aimed at fostering compliance with legal frameworks and enhancing market transparency.
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Azerbaijan's ambitious program to restore territories liberated from Armenian occupation has attracted attention due to the extensive use of single-source procurement methods, raising concerns about transparency and corruption.
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Azerbaijan recorded a 2% increase in wheat imports from January to November 2024 compared to the same period in 2023, underscoring its continued reliance on external sources to meet domestic demand. This growth comes amid a significant decline in domestic wheat production, which decreased by 148,100 tons in 2024, further intensifying the need for imported supplies.
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