EU commissioner briefed on mine clearance efforts in liberated areas
European Union Commissioner for Enlargement, Marta Kos, visited the recently liberated village of Sarijali in Aghdam today. During her visit, she insp...
United Nations Report Warns Gaza’s Reconstruction Could Take Centuries Amid Unprecedented Economic Decline
A United Nations report has revealed that Gaza’s reconstruction after the recent military conflict involving Hamas could take centuries, even under the most optimistic scenarios. The report released by the U.N. Conference on Trade and Development (UNCTAD) suggests that Gaza’s recovery to its pre-October 7, 2023, economic state might take up to 350 years.
The study indicates that even if hostilities were to end immediately and the territory reverted to its fragile pre-conflict condition, significant hurdles remain. The region has seen severe economic decline, and according to Rami Alazzeh, the report's author, the slow growth trend from 2007 to 2022 is a critical factor. During that period, Gaza's growth rate averaged just 0.4% annually. At this rate, Alazzeh states, it could take 350 years for Gaza to reach its previous GDP levels.
“The message is that Gaza's recovery depends on the conditions in which it occurs,” Alazzeh said. “We’re not suggesting it will take 350 years because that would mean Gaza never recovers, but the path ahead is highly uncertain.”
Even under favorable conditions, such as an end to military operations, unrestricted movement of goods and people, and substantial investment, the report estimates that Gaza’s GDP per capita might only return to 2022 levels by 2050, given a 10% annual growth rate. The region also faces a 2.8% population growth rate, complicating efforts to improve living standards.
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
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European Union Commissioner for Enlargement, Marta Kos, visited the recently liberated village of Sarijali in Aghdam today. During her visit, she inspected mined areas and observed demining operations carried out by the Azerbaijan National Agency for Mine Action (ANAMA).
A meeting of the government leaders of Turkic Council (TCT) member states has begun in Bishkek, the Kyrgyz Cabinet of Ministers reported. Prior to the event, Adylbek Kasymaliyev, the Chairman of the Kyrgyz Cabinet and Head of the Presidential Administration, welcomed the heads of the delegations.
Azerbaijan’s Minister of Economy, Mikayil Jabbarov, has met with EU Commissioner for Enlargement and Neighbourhood, Marta Kos. The Ministry of Economy reported on the meeting.
Azerbaijan’s Foreign Minister Jeyhun Bayramov met in Baku with the European Union Commissioner for Enlargement, Marta Kos. The Ministry of Foreign Affairs reported on the meeting.
Iran and Saudi Arabia – the two power houses in the Middle East -- have decided to advance their bilateral economic and defense ties and to increase cooperation in relation to the regional developments according to Iran’ security chief Ali Larijani.
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