President Ilham Aliyev received the deputy ministers of foreign affairs and economic development of Italy - Martha Dassun and Claudio De Vincenti.
The meeting expressed satisfaction with the development of relations between Azerbaijan and Italy in the political, economic and cultural spheres, exchanged views on issues related to the prospects of cooperation between Azerbaijan and Italy, as well as Azerbaijan and the European Union, the press service of Azerbaijan.
During the meeting with the Italian delegation Foreign Minister, Elmar Mammadyarov, discussed the supply of Azeri gas to Italy as well as issues of economic cooperation in other areas.
The subject of gas supply was considered at the meeting with the Minister of Energy, Natig Aliyev. -06C-
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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