4-5 September in New York they will discuss the problems of communication and information technologies in the framework of the 67th session of the UN General Assembly. Azerbaijan is to be represented by the minister Ali Abbasov.
As the press service of the ministry said, as keynote speakers, except Abbasov, there will be the current Chairman of the UN General Assembly, Foreign Minister of Serbia Vuk Jeremic and Deputy Secretary General of the United Nations Economic and Social Affairs Wu Hongbo.
Discussions at the meeting will be held within the framework of the resolution adopted by the General Assembly on the establishment of the Eurasian alliance ties (Eurasian Connectivity Alliance-EuraCA), initiated by the Government of Azerbaijan.
The visit will include bilateral meetings of the Minister Ali Abbasov with UN officials and company executives. -17D-
Economics
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The Agency for the Development of Small and Medium-Sized Businesses (KOBIA), in collaboration with the Ministries of Economy and Ecology and Natural Resources, organized a conference today in Baku focusing on the role of small and medium-sized enterprises (SMEs) in advancing the green economy.
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Under the golden September sun, the Third Grape and Wine Festival took place in Shamakhi, in the village of Meysari on September 7-8, 2024, drawing wine enthusiasts and tourists alike to celebrate Azerbaijan’s ancient winemaking traditions. Organized by the State Agency for Tourism, the festival highlighted the country’s efforts to rejuvenate its viticulture industry, with a focus on boosting local production and expanding export opportunities.
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Azerbaijan has spent over $1.6 billion on large-scale infrastructure projects, including the Crystal Hall for Eurovision, the Olympic Stadium in Baku, and the Shahdag ski resort. But according to Fikret Mamedov, a graduate of London Business School and director of Sage Solutions, this spending has not provided long-term benefits for the country’s economy.
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The outcome of the 44-day Second Karabakh War in 2020 has significantly reshaped the ranking of foreign direct investment (FDI) into Azerbaijan's economy, economist Gubad Ibadoglu said in an article. Recent data show a notable rise in investments from Russia, Turkey, and China, particularly targeting the liberated territories. However, Western investments have remained limited, as barriers such as monopolies, a lack of judicial independence, and the government's classification of states as "friendly" or "unfriendly" have dampened interest.
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