President Ilham Aliyev received on December 15 the Executive Director of the Italian company Danieli & C. Officine Meccaniche S.p.A Gianpietro Benedetti. During the conversation the sides exchanged views on joint projects in the steel industry, in particular, the creation of Sumgait metallurgical cluster, which brings together five metallurgical plants. After that, Dashkesan Mining Plant will be able to earn at full capacity, ensuring extraction of raw materials and the production of iron and steel products of various assortment. According to Benedetti, the financing of the project will carry out private investors and European banks. In turn, Ilham Aliyev assured that he will create all conditions for foreign investors and their interests are protected. -02В-
Economics
-
The volume of cargo transported along the Trans-Caspian International Transport Route (TITR) surged by 62% in 2024, reaching 4.5 million tonnes, Kazakhstan’s Prime Minister Olzhas Bektenov said during talks with his Georgian counterpart Irakli Kobakhidze on Wednesday, according to the Kazakh government’s press service.
-
Azerbaijan’s Small and Medium Business Development Agency (KOBİA) held a Supervisory Board meeting on Monday, chaired by Economy Minister Mikayil Jabbarov, to review the agency’s 2024 performance and set priorities for 2025.
-
In January 2025, the average price of the consumer basket (CB) compiled by the Turan agency in Baku, which includes 30 types of essential domestically produced food products, increased by 0.3%.
-
Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
Leave a review