The Turkmenistan authorities consider the possibility of purchase of toil tankers and cargo vessels.
The Turkmenistan State Service of Marine and River Transport will order oil tankers to transport oil and oil products, as well as cargo and passenger ferries and towing vessels.
The issue has been discussed at the session of the Cabinet of Ministers. Turkmenistan President Gurbangulu Berdymohammadov has stressed the urgency of expanding possibilities of international oil and oil products transportation.
Turkmenistan borders on Azerbaijan, Russia, Kazakhstan and Iran on the Caspian Sea. The regional transportation projects have become active here in the past years.
The upgraded large-capacity vessels of the Turkmenistan trade flotilla are involved in cargo transportation on the Caspian Sea servicing the international routes from the Turkmenbashi port to the Caspian basin countries ports.—0---
Economics
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Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
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The Italian government has extended the deadline for applications in the international tender for the sale of several strategic assets until February 14, confirming that a bidder from Azerbaijan remains among the frontrunners.
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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