Azerbaijan and Iran have reached an agreement to continue construction of the Khudafarin and Giz Galasi hydro junctions, as well as their subsequent operation, Trend reports citing Iranian Energy Ministry.
The value added in the non-oil industry of Azerbaijan increased by 17.8 percent, and in the non-oil refining industry by 21.7 percent in 2021, Trend reports referring to Azerbaijani Economy Minister Mikayil Jabbarov’s message on Twitter.
The share of non-oil industry in non-oil GDP reached 9.6 percent in 2021, which is higher than in 2020 (8.5 percent) and 2019 (7.6 percent).
Since the beginning of income tax reforms in early 2019 in Azerbaijan, there has been an increase of up to 283,000 in the total number of employment contracts, including an increase of more than 233,000 in the number of employment contracts in the non-oil private sector, referring to Azerbaijani Economy Minister Mikayil Jabbarov’s message on Twitter.
Source: https://en.trend.az/business/finance/3544081.html
The diversified economy has never been created in Kazakhstan, President of the Republic of Kazakhstan Kassym-Jomart Tokayev said during a meeting with businessmen, Trend reports with reference to Kazakh media.
"It is possible to conditionally single out two economic turning points,” President Tokayev said. "The first is the transition from the planned economy to the market economy. While experiencing major shocks and suffering losses, Kazakhstan was able to rise and adapt by carrying out hard but necessary reforms."
20 January 2020 marks the 32nd anniversary of the military invasion and vicious killing of civilians in the city of Baku, Azerbaijan, by the forces of the Soviet Army on 20 January 1990. In response to the rising national independence movement, the Soviet leadership ordered some 26000 troops with heavy military equipment to storm the city of Baku in an operation called “Strike”.
On the night of January 19 to 20, 1990, by order of the USSR leadership, 26,000 Soviet troops invaded Baku, Sumgait, as well as other cities of Azerbaijan. As a result of this military intervention, 147 civilians were killed and 744 were seriously injured. This event went down in the history of modern Azerbaijan as "Black January".
The Trans Adriatic Pipeline (TAP) made it possible for Italy to export gas in the second half of December 2021, Trend reports with reference to Italian media.
If the construction of the gas interconnector between Greece and Bulgaria (IGB) is delayed even further, Bulgargaz will have to hold new negotiations for an alternative route for gas from Azerbaijan, Trend reports citing a statement from Bulgargaz.
Any way out of Ukraine's war with Russia will be a defeat for Russia. And in the event that Ukraine is nailed by Russia to the cross of the Russian imperial ambitions and in the event that Russia is nailed itself. In any case, this war will turn Russia into a world Chikatilo.
Within the groundbreaking ceremony of the Khizi-Absheron Wind Power Plant with a capacity of 240 MW, a Memorandum of Understanding on cooperation in the field of offshore wind energy was signed between the Ministry of Energy and ACWA Power of the Kingdom of Saudi Arabia, the Energy Ministry reports.
Deputy Minister of Energy Elnur Soltanov and the Chief Investment Officer of ACWA Power Clive Turton signed the document.
