The Financial Education and Research Center of the Ministry of Finance of Azerbaijan within the framework of accountability in the corporate and public sector (CAPSAP) announces the start of training for employees of budget organizations on the topic "Principles of international accounting" and "Development of new financial reports. "
According to the report of the Ministry, the training launched from September 17 will be held with international experts. The training program consists of several stages and is based on the advanced programs of international institutions in the field of accounting, in accordance with national legislation.
Center among other things, to prepare professionals in the field of accounting and to ensure their long educational concept assumes offer commercial organizations, as well as those aspiring to careers and full realization of their capacities paid training on international and national accounting. - 15D -
Economics
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Azerbaijan’s state oil company SOCAR signed a memorandum of cooperation with North Macedonian company ECM on Thursday, during a visit to Baku by North Macedonia's President Gordana Siljanovska-Davkova, an informed source told Turan.
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Discussions were held in Baku within the framework of the 29th session of the Conference of the Parties (COP29) to the UN Framework Convention on Climate Change, focusing on the "Decarbonization and Climate Adaptation of the Cotton-to-Clothing Value Chain." Among other topics, the state of cotton farming in Azerbaijan was also addressed.
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Azerbaijan has attracted significant interest from companies in both developing and developed countries, as well as from state and private sector representatives of at least 10 nations, regarding participation as shareholders in the Climate Finance Action Fund (CFAF), which has a total budget of $1 billion. The CFAF is one of Azerbaijan’s 14 key initiatives unveiled at COP29, Yalchin Rafiev, Azerbaijan's chief negotiator at COP29 and Deputy Foreign Minister, said at a press conference on Tuesday.
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The Azerbaijani government has proposed that the OPEC Fund participate in financing several renewable energy projects, including offshore wind energy development, green energy corridor initiatives, and a 1 GW project planned by SOCAR in partnership with the UAE-based company Masdar.
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