Last year 12 million manat was spent on the construction of the Azerbaijan National Pavilion Milan Expo in Baku. However, where and by whom this facility is built, any state structure responsible for this activity does not know.
The report of the Ministry of Economy for 2016 says that it invested 12 million manat in the construction of this facility. Nevertheless, the press service of this department denies this fact.
The Seaside Boulevard Office does not know about the construction work either. In the state building register (https://goo.gl/Bsqbhr) it is noted that the corresponding territory in the Seaside Boulevard national park is allocated for the construction of the National Pavilion. The customer of the construction is the Heydar Aliyev Center.
The Heydar Aliyev Center claims that the said object is being built in Baku Boulevard. But they do not report where exactly.
The four-storey national pavilion Milan Expo 2015 was designed to be dismantled and delivered to Baku at the end of the six-month exhibition. ----08D
Economics
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S&P Global Ratings has revised its risk assessment of Azerbaijan’s banking sector, upgrading the outlook from "stable" to "positive."
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In recent days, there have been claims that bread prices in Azerbaijan have risen. Social media users report that the price of bread has increased by 5-10 qepiks. According to consumer complaints, it is difficult to find weight information on factory-produced bread, commonly known as "zavod çörəyi" in Azerbaijan. In many cases, bread packaging does not include weight details. Similarly, bread sold at smaller bakeries and tandir houses often lacks information apart from the price.
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A trilateral meeting of the foreign ministers, transport ministers, energy ministers, and heads of customs services of Russia, Iran, and Azerbaijan is set to take place soon to discuss the progress of the Rasht-Astara railway project, a key element of the International North-South Transport Corridor (INSTC). This was announced by Iran’s Ambassador to Russia, Kazem Jalali.
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Azerbaijan and Tatarstan continue to strengthen trade and economic cooperation, based on mutual interests in energy, mechanical engineering, petrochemicals, agriculture, and transport. Bilateral relations have shown steady growth, supported by regular visits of official delegations and participation in international economic forums.
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