Azerbaijani PM Ali Asadov highlighted the country’s strong economic growth and investment potential at the 4th Tashkent International Investment Forum.
During his official visit to Uzbekistan, Prime Minister Ali Asadov took part in the 4th Tashkent International Investment Forum (TIIF), where he highlighted Azerbaijan’s stable economy and investor-friendly reforms. With 2024 GDP growth at 4.1%, and a 6.2% surge in the non-oil sector, Asadov noted that Azerbaijan's foreign debt remains under 7% of GDP, while financial reserves are 14 times higher than debt. He pointed to reforms that improve investor protection, tax incentives, and administrative simplification.
Asadov also presented the country’s industrial parks and the Alat Free Economic Zone as key opportunities for investors. Over the past 20 years, Azerbaijan has attracted $338 billion in investments—half from foreign sources. He discussed reconstruction efforts in liberated territories, emphasizing their economic potential, and thanked Uzbekistan and Kazakhstan for their cultural contributions in Fuzuli.
The Azerbaijani PM also underscored collaboration in green energy, particularly through the Azerbaijan-Uzbekistan Investment Fund and the development of a green energy corridor via the Black Sea. He expressed optimism that TIIF would remain a key platform for advancing regional investment cooperation.
The U.S. Energy Information Administration (EIA) has slightly increased its forecast for Brent crude oil prices in 2025, despite expectations of growing global stockpiles.
The Trump administration has been urging Mexico to investigate and prosecute politicians suspected of ties to organized crime, and to extradite them to the United States if there are relevant criminal charges, according to sources familiar with the discussions.
UN Secretary-General Antonio Guterres has voiced deep concern over the US decision to sanction four International Criminal Court (ICC) judges, accused by the US of alleged transgressions.
South Korea's main stock index, the Korea Composite Stock Price Index (KOSPI), rose by 35.19 points, or 1.23%, on Wednesday, closing at 2,907.04. This marks its highest closing level since January 14, 2022, when it reached 2,921.92 points.
U.S. Defense Secretary Pete Hegseth has authorized the voluntary evacuation of military dependents from locations across the Middle East, a U.S. defense official said Wednesday.
The U.S. Energy Information Administration (EIA) has slightly increased its forecast for Brent crude oil prices in 2025, despite expectations of growing global stockpiles.
The Trump administration has been urging Mexico to investigate and prosecute politicians suspected of ties to organized crime, and to extradite them to the United States if there are relevant criminal charges, according to sources familiar with the discussions.
UN Secretary-General Antonio Guterres has voiced deep concern over the US decision to sanction four International Criminal Court (ICC) judges, accused by the US of alleged transgressions.
South Korea's main stock index, the Korea Composite Stock Price Index (KOSPI), rose by 35.19 points, or 1.23%, on Wednesday, closing at 2,907.04. This marks its highest closing level since January 14, 2022, when it reached 2,921.92 points.
U.S. Defense Secretary Pete Hegseth has authorized the voluntary evacuation of military dependents from locations across the Middle East, a U.S. defense official said Wednesday.
Start your day informed with AnewZ Morning Brief: here are the top news stories for June 8th, covering the latest developments you need to know.
Presidential candidate Miguel Uribe Turbay is in critical condition after being shot three times — including twice in the head — during a campaign event in Bogotá.
A 30-year-old woman was shot by police in Munich on Saturday evening after stabbing two people at Theresienwiese, a central park best known for hosting Oktoberfest.
Kazakhstan and the UK are strengthening defense ties with a new Military Cooperation Plan, focusing on peacekeeping and military education.
Mexican President Claudia Sheinbaum has condemned U.S. immigration raids and National Guard deployment in Los Angeles, calling for reforms instead of enforcement.
U.S. Defense Secretary Pete Hegseth has authorized the voluntary evacuation of military dependents from locations across the Middle East, a U.S. defense official said Wednesday.
Turkish Aerospace Industries (TUSAŞ) has signed a historic agreement to sell 48 units of the 5th generation indigenous fighter jet KAAN to Indonesia. The aircraft will be delivered over a 10-year period and equipped with a domestically produced engine. The deal also includes technology transfer and
Council of Europe Secretary General Alain Berset Discusses Regional Issues with Armenian PM in Yerevan
Speaker of Azerbaijan’s Milli Majlis (National Assembly) Sahiba Gafarova met with Chairman of the Legislative Chamber of the Oliy Majlis of Uzbekistan, Nurdinjon Ismoilov, on the sidelines of the 14th plenary session of the Turkic Parliamentary Assembly (TURKPA) held in Astana, Kazakhstan.
On the sidelines of the 14th Plenary Session of the Parliamentary Assembly of Turkic States, Azerbaijani Speaker Sahiba Gafarova met with her Northern Cyprus counterpart Ziya Öztürkler to reaffirm growing ties within the Turkic World.
The U.S. Energy Information Administration (EIA) has slightly increased its forecast for Brent crude oil prices in 2025, despite expectations of growing global stockpiles.
The Trump administration has been urging Mexico to investigate and prosecute politicians suspected of ties to organized crime, and to extradite them to the United States if there are relevant criminal charges, according to sources familiar with the discussions.
UN Secretary-General Antonio Guterres has voiced deep concern over the US decision to sanction four International Criminal Court (ICC) judges, accused by the US of alleged transgressions.
South Korea's main stock index, the Korea Composite Stock Price Index (KOSPI), rose by 35.19 points, or 1.23%, on Wednesday, closing at 2,907.04. This marks its highest closing level since January 14, 2022, when it reached 2,921.92 points.
U.S. Defense Secretary Pete Hegseth has authorized the voluntary evacuation of military dependents from locations across the Middle East, a U.S. defense official said Wednesday.
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