The "Green Energy Zone" Working Group of Azerbaijan presented a preliminary evaluation of the monitoring results for the first half of 2024.
Economics
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On September 6, the State Oil Company of Azerbaijan (SOCAR) has announced a partnership with American oilfield services firm Halliburton to conduct research aimed at reassessing the hydrocarbon potential of the shallow-water section of the Guneşli field.
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The Food Safety Agency of the Republic of Azerbaijan (AQTA) is advancing its process of incorporating foreign high-risk food and feed production facilities into its official registry, the agency announced on Friday.
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The historic city of Shusha, with its rich cultural heritage, hosted the International Day of Gastronomy on Thursday, a vibrant event organized by the State Tourism Agency, the Shusha City State Reserve, and the National Culinary Center. This event served as a bridge between various cultures and culinary traditions, showcasing the richness of the Islamic world's cuisine through the celebration of the iftar table.
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The World Bank is in the final stages of drafting a new Partnership Framework Program (RFP) with Azerbaijan, set to cover the period from 2025 to 2029. This strategic development was revealed during a meeting between Azerbaijani Prime Minister Ali Asadov and Ines Rocha, Regional Director of the International Finance Corporation (IFC), a member of the World Bank Group. The framework is expected to be finalized and approved by the Executive Board of the World Bank in late October 2024, with key priorities focusing on public-private partnerships, sustainable development, and investment projects aimed at economic diversification.
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