The level of investment in fixed assets mail and courier activities - one of the last places in Azerbaijan.
In this sector of the economy last year invested 10.8 million manat or 0.07% of total investments (15 billion 338.5 million), the State Committee on Statistics said. Much better is the position with the link - 314.9 million manat - 2.05% of all investments.
In the first place on this indicator is mining. It has been invested 3 billion 651.4 million manat (23.81%). At the following locations for capital investment is oil production with 3 billion 648 million manats (23.78%) and the transport sector - 2 billion 580.9 million manat (16.83%). Other branches are far behind the leaders. - 17D-
Economics
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Natural gas prices in Europe surged to their highest level since October 2023 on Friday, reflecting expectations of increased demand due to an impending cold spell in the region.
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U.S. President Donald Trump’s proposed energy and trade policies could lead to a prolonged decline in global oil and gas prices, potentially triggering economic instability in Azerbaijan from 2026 onward, unless significant structural reforms are implemented, economist Gubad Ibadoglu warned in a recent analysis.
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Azerbaijan has taken a step toward diversifying its agricultural sector by launching the country’s first commercial banana production, with local producer Fruitland introducing tropical fruits to the domestic market.
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Azerbaijan, Georgia, Turkey, and Bulgaria have agreed on the draft text of a memorandum of understanding in the field of green energy transmission, marking a significant step in the development of sustainable energy ties in the region. The document aims to expand energy exchange between the countries and establish a legal framework for the Green Energy Corridor project.
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