The European Bank for Reconstruction and Development largely finances the private sector. The level of funding is 70% of total bank investments, the head of the bank Suma Chakrabarti said at today's meeting with Ilham Aliyev. "Today, eight of the nine projects financed in Azerbaijan are drafts in non-oil sphere," he said, noting the successful cooperation with the Azerbaijani government, and welcomed the ongoing economic reforms in the country. Ilham Aliyev expressed confidence that cooperation between Azerbaijan and EBRD will continue successfully, highlighting the interest in the Azerbaijan. The sides discussed specific issues of cooperation in the field of transport, energy, agriculture and others, according to a statement on the website of the President. -02D-
Politics
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On 26 July "Platform III of the Republic" made a statement which drew attention to the unlawful seizure of electronic devices of underage children of the arrested head of this structure Akif Gurbanov.
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From 19 to 26 July, 24 automatic rifles, 1 machine gun, 9 rifles, 28 grenades, 441 shells, 3118 cartridges of different calibre and other ammunition were found in Khankendi, the Azerbaijani Interior Ministry reported. During the mentioned period, the police found 1 machine gun, 50 grenades, 7 fuses, 3 shells and 320 cartridges of different calibre in Shusha.
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President Ilham Aliyev has approved by decree the Azerbaijan-Kazakh intergovernmental agreement on cooperation in military intelligence defense sector. The document was signed in Baku on 7 June 2024.
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At the trial of the opposition politician Tofig Yagublu, the statement of Elnur Vaqifoglu, another accused, was heard at the Baku Serious Crimes Court.
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