On May 6, Belarus Prime Minister Aleksandr Turchin visited Azerbaijan's Fuzuli city, where he was briefed on the ongoing large-scale reconstruction and development efforts following the region's liberation. The visit is part of his official trip to Azerbaijan.
Together with Azerbaijani Prime Minister Ali Asadov, Turchin also visited the Aghdam Industrial Park, where they reviewed municipal utility vehicles and equipment donated by the Belarusian government to support the city’s recovery.
The Aghdam Industrial Park, established by presidential decree in May 2021, focuses on sectors such as construction materials, food processing, packaging, fertilizers, and cold storage. Spanning 190 hectares, over 70% of the park has already been allocated to entrepreneurs.
To date, 27 resident and 5 non-resident businesses are registered in the park. A total of 32 projects are expected to bring in more than $148 million in investments and create over 2,100 jobs, most for locals. So far, $66 million has been invested, with 649 permanent jobs created. Nine enterprises are already operational, having produced $50 million worth of goods to date, including nearly $37 million in just the first quarter of this year.
Over 10 new enterprises are under construction, with several new factories set to launch soon. The park offers an investor-friendly environment, including ready-to-use infrastructure and generous tax exemptions: no property, land, or profit taxes for 10 years, VAT and customs exemptions on imported equipment, discounted utilities, subsidized social insurance, and access to low-interest bank loans.
A peace treaty between Azerbaijan and Armenia could be signed in 2027 or 2028, Armenian Prime Minister Nikol Pashinyan said on Thursday, state news...
Kazakhstan is preparing sweeping military reforms after 14 service members died during exercises in the Caspian Sea. President Kassym-Jomart Tokaye...
Investing in children means more than funding schools and hospitals. At a major international summit in Samarkand, Uzbekistan, leaders and experts ...
Russia is willing in principle to resume peace talks with Ukraine and the United States in November, Kremlin aide Yuri Ushakov said after President Vladimir Putin met U.S. special envoy Steve Witkoff in St Petersburg.
Russian strikes on Ukraine overnight killed at least two people and injured 15 others, including two children, Ukrainian authorities said. Meanwhile, Russia said it had intercepted the vast majority of 630 Ukrainian drones launched towards Moscow.
Saudi Aramco has ordered staff to evacuate its headquarters amid escalating Houthi attacks on the kingdom. Two people were killed in an attack on Dammam airport, while Iran's IRGC Navy claimed strikes on seven vessels and warned the U.S. of a wider response.
Yemen's Houthis have denied targeting the holy city of Medina on Wednesday adding that they have not conducted any military operations towards Saudi Arabia either, denying earlier comments from the Saudi-led coalition in Yemen.
Georgia’s Constitutional Court in Batumi will on Wednesday hear a lawsuit seeking to ban five Georgian opposition parties, four of which collectively gained 784,820 votes (37.79 per cent) in the country’s last national elections in 2024.
A peace treaty between Azerbaijan and Armenia could be signed in 2027 or 2028, Armenian Prime Minister Nikol Pashinyan said on Thursday, state news agency Armenpress reported.
Kazakhstan is preparing sweeping military reforms after 14 service members died during exercises in the Caspian Sea. President Kassym-Jomart Tokayev approved the plans on 21 October, with major changes to training, oversight and defence capabilities set to begin in 2027.
Saudi Aramco has ordered staff to evacuate its headquarters amid escalating Houthi attacks on the kingdom. Two people were killed in an attack on Dammam airport, while Iran's IRGC Navy claimed strikes on seven vessels and warned the U.S. of a wider response.
Iranian officials have stepped up warnings of retaliation amid the threat of renewed U.S.-Israeli strikes, while signalling that a diplomatic solution remains possible if Washington demonstrates a sincere commitment to rebuilding trust.
Investing in children means more than funding schools and hospitals. At a major international summit in Samarkand, Uzbekistan, leaders and experts called for a joined-up approach to healthcare, education and social protection to improve children's lives.
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