III International Festival of Wine will be held in Ganja, 30 September - 1 October, the report from Azerbaijan Fund Export and Investment Promotion (Azpromo) reads.
What are the achievements of the country for the event? This year the State Statistical Committee has not released a report, but at the end of 2013 there were 110 enterprises (in 2012 there were 127, in 2009 - 136), engaged in the production of beverages, including alcohol. The share of the beverage industry was 207 million manat (+32 million since 2012 and all-time record in this area). Wines were produced in 835.5 deciliters (previous year - 1063), while vodka was made in 844.9 deciliters (696.7 in 2012).
Exports are oriented to the Russian market which is largest in the region in this area. Local entrepreneurs are investing a lot of money for a significant increase in the quality of products that can be seen in local stores. --17D-
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
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