Website of the intergovernmental commission for bilateral partnership between Azerbaijan and Italy
BAKU/17.12.13/TURAN : Prepares information portal of the intergovernmental commission for bilateral partnership between Azerbaijan and Italy .
Today, a new round of negotiations on the capacity of export opportunities between the two countries . According to Energy Minister of Azerbaijan, co-chair of the commission Natig Aliyev in Azerbaijan today are world-renowned Italian companies , and Italy is the number one partner of Azerbaijan .
According to Deputy Minister of Foreign Affairs of Italy , co-chair of the commission Dassudi Martha , to regulate the activities of Italian companies in other countries and further development at the Ministry of Finance of Italy established a special agency . Agency to provide financial support to these companies allocated funds amounting to 350 billion euros, and for the expansion of economic relations between the two countries should be created a joint website. - 17D -
Economics
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Azerbaijan’s Cabinet of Ministers approved a detailed framework for the preparation of sector-specific strategic plans aimed at guiding the country’s economic development over the medium term.
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Azerbaijan’s ADY Express, a subsidiary of Azerbaijan Railways CJSC, signed several strategic agreements on the sidelines of the Logitrans Türkiye 2024 exhibition in Istanbul, Turkey, reinforcing its commitment to expanding freight transport services along the Middle Corridor.
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Azerbaijan plans to establish state-of-the-art battery storage facilities for green energy with a total capacity of 350 MW within the next 4-5 years, a well-informed source in the Ministry of Energy told Turan.
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Shareholders of the Caspian gas condensate "Absheron" project plan to approve the Front End Engineering Design (FEED) in December, laying the groundwork for full-scale development of the field, an informed source told Turan.
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