From January to May, the number of legal migrant workers in Azerbaijan rose by 7.6% - up to 29,994 people.
As stated in the press release of the Ministry of Labor and Social Protection of Population, most of the migrant workers are men (89.1%), having individual account in the state social insurance system.
Registered in the Ministry are citizens of 120 countries, where the leaders are Turkey, Georgia and Russia. Further, in accordance with the number, they are followed by India, Iran, China, Bangladesh, the United Kingdom, Pakistan, Ukraine and the Philippines.
The process of attracting labor migrants to the contributions for compulsory social insurance started from January 1, 2006. --17D-
Economics
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The Central Bank of Azerbaijan (CBA) has approved the "Green Taxonomy," according to a decision by its Board of Directors on November 13.
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Azerbaijan's state oil and gas company, SOCAR, has signed a joint development agreement with Bulgaria’s "Asarel Energy," part of the Asarel Medet holding group. The agreement was signed on November 13 during the COP29 summit in the presence of the Presidents of Azerbaijan and Bulgaria, Ilham Aliyev and Rumen Radev.
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Saudi Electricity CEO Khalid Al-Hamidi and Baba Rzayev, Chairman of Azerbaijan's state-owned energy company Azerenergy, signed a memorandum of understanding (MoU) on Wednesday during the COP29 summit in Baku. The agreement, inked after a high-level meeting between Azerbaijan's Minister of Energy and his Saudi counterpart in the event’s Blue Zone, aims to enhance cooperation on integrating renewable energy into Azerbaijan’s power grid.
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The CEO of ICGB, the operator of the Greece-Bulgaria Interconnector (IGB), Theodor Georgieva, underscored the critical role of Azerbaijan and other gas suppliers to the European Union in the event of a potential cessation of Russian gas deliveries through Ukraine, speaking to journalists on the sidelines of COP29 in Baku.
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