North Korea and Belarus resume economic talks after 19-year hiatus
North Korea and Belarus have revived high-level economic discussions for the first time since 2006, signaling renewed interest in strengthening cooperation across key sectors.
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.
Ukrainian President Volodymyr Zelenskyy met Turkish President Recep Tayyip Erdogan in Ankara on May 15, with discussions reportedly focusing on upcoming peace talks between Ukrainian and Russian delegates in Istanbul.
Israeli Prime Minister Benjamin Netanyahu said the war in Gaza will not stop until Hamas is destroyed, following the release of US-Israeli soldier Edan Alexander.
Qatar signed a landmark agreement with U.S. aerospace giant Boeing on Wednesday to acquire 160 aircraft for Qatar Airways, a deal valued at $200 billion. The signing took place in Doha during the visit of U.S. President Donald Trump.
Ukrainian and Russian delegations meet behind closed doors at Istanbul’s Dolmabahçe Palace at 10:00 local time today to explore security guarantees, territorial integrity and a possible ceasefire.
EU approves 17th Russia sanctions, blacklisting almost 200 shadow‑fleet ships, 30 evasion firms and 75 defence figures, banning missile chemicals and arming Brussels to strike Kremlin hybrid and operations.
Armenia has proposed elevating its cooperation with Cyprus to the level of a strategic partnership, a move positively received by Cypriot officials.
Iran will continue to enrich uranium regardless of whether a new nuclear agreement is reached with the United States, Iranian Foreign Minister Abbas Araghchi said on Monday in a statement on social media platform X.
The Tazhen border checkpoint on the Kazakhstan–Uzbekistan border will remain closed for an additional four months, until September 1, 2025, according to Kazakhstan’s State Revenue Committee (KDG) of the Ministry of Finance.
Azerbaijan and Israel have reaffirmed their strong bilateral ties as Defense Ministers Zakir Hasanov and Israel Katz met in Tel Aviv to discuss enhanced security cooperation and mutual strategic interests.
Iran’s Ministry of Foreign Affairs summoned a British diplomat in Tehran following the arrest of several Iranian nationals in the United Kingdom on espionage charges, state media reported on Monday.
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