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.
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Both the United States and Iran are giving conflicting messages about trying to end the conflict in the Middle East, meanwhile Pakistan has offered to be a mediator and a reported 15 point plan has been sent to Tehran. Welcome to AnewZ's coverage of the tensions in the Middle East.
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British police said they arrested two men in connection with the suspected antisemitic arson attack on four Jewish community ambulances in north London earlier this week.
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As conflict continues to unsettle the Middle East, airlines are being forced to make difficult, fast-moving decisions - redrawing flight paths and searching for safe skies. Amid this uncertainty, Azerbaijan has emerged as a crucial gateway linking Europe and Asia.
Both the United States and Iran are giving conflicting messages about trying to end the conflict in the Middle East, meanwhile Pakistan has offered to be a mediator and a reported 15 point plan has been sent to Tehran. Welcome to AnewZ's coverage of the tensions in the Middle East.
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Israel struck the Iranian capital Tehran on Wednesday, Israeli military and Iranian media said, as President Donald Trump announced that the U.S. is making progress in its efforts to negotiate an end to the war, with reports of a 15-point plan sent to Tehran.
Both the United States and Iran are giving conflicting messages about trying to end the conflict in the Middle East, meanwhile Pakistan has offered to be a mediator and a reported 15 point plan has been sent to Tehran. Welcome to AnewZ's coverage of the tensions in the Middle East.
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