Azerbaijan International Society of Turkish Industrialists and Businessmen (TUSIAB), which is one of the most influential business communities in Azerbaijan, will hold on May 12, the 19th general assembly, which will discuss the activities for the year 2012 and perhaps elect a new chairman.
Currently Chairman of the Board TUSIAB is Murat Bakir, who owns and manages the textile company "Partner MZ".
TUSIAB was founded in 1994 and today comprises 252 companies, including companies with the Azerbaijani capital. These companies employ about 60 thousand people.
Active lobbying activities in Azerbaijan carried out as German and American companies who seek to advance their interests, both in business and local legislation. - 08B-
Economics
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Azerbaijan is set to significantly increase the proportion of electricity generated from renewable sources, currently standing at 14.4%, Deputy Economy Minister Samad Bashirli announced on Thursday at the Think Tanks Forum of the Organization of Economic Cooperation (OIC) held in Baku.
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Azerbaijan has entered into a partnership with Italian energy firm Technip Energies SpA to implement a pyrolysis oil production project aimed at enhancing waste recycling and promoting sustainable development, officials said on Tuesday.
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Belarus and Azerbaijan signed multiple cooperation agreements on Tuesday following talks between Belarusian Prime Minister Roman Golovchenko and Azerbaijani Prime Minister Ali Asadov during Asadov’s official visit to Minsk on October 3.
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Azerbaijan's state borrowings continue to increase, despite the country still benefiting from high global oil prices. The Ministry of Finance of Azerbaijan reported that as of the first half of 2024, the country's state debt amounted to 25 billion manats, which corresponds to 21% of its Gross Domestic Product (GDP).
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