The visit the Minister of Economy of Azerbaijan to Georgia
The President of Georgia Giorgi Margvelashvili and Prime Minister Giorgi Kvirikashvili met with the Minister of Economy of Azerbaijan Shahin Mustafayev, who is on a visit to Georgia, reports Novosti-Georgia. At a meeting with Georgian President Mustafayev discussed the issues of bilateral cooperation in the spheres of economy, energy and trade. "We decided to maximally deepen our cooperation in terms of the development of tourism in the coming year to invest maximum energy in this direction. In the near future the Georgian and Azerbaijani businessmen will begin joint business projects, so that the two economies have been more progressive," said after the meeting of Georgian President Advisor Maya Mikeladze.
At a meeting with Georgian Prime Minister Mustafayev discussed the development of trade relations. The parties agreed to establish a working group which will identify potential products for export to the markets of the two countries. The parties also discussed the upcoming forum in the trilateral format (Georgia-Azerbaijan-Turkey), which will be held on November 16 in Istanbul with the participation of Ministers of Economy and businessmen of the three countries.
Georgia and Azerbaijan established diplomatic relations on November 18, 1992. The countries are actively cooperating in the areas of trade, transport and energy. According to "Geostat" the National Statistics Office of Georgia, Azerbaijan in the first half of the year invested in Georgia 283 million dollars, what is 34% of total foreign direct investment. Thus, Azerbaijan remains the largest investor in Georgia. -02D-
Economics
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Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
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Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
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The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
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There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
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