Wall Street little changed after Fed holds rates steady
U.S. stock markets finished mixed on Wednesday (28 January) as investors reacted calmly after the Federal Reserve left interest rates unchanged, a dec...
Baku hosted 14th meeting of the Joint Intergovernmental Commission on Cooperation between the Republic of Uzbekistan and the Republic of Azerbaijan. The delegations were headed by Uzbekistan’s Minister Laziz Kudratov and Azerbaijan’s Minister of Economy Mikayil Jabbarov.
On Friday, Minister Laziz Kudratov participated in series of events focused on strengthening and expanding bilateral trade, economic, and investment cooperation between Uzbekistan and Azerbaijan.
President of the Republic of Azerbaijan Ilham Aliyev received the Uzbek delegation and noted that Laziz Kudratov’s visit provided a valuable opportunity to discuss key issues on the bilateral agenda. The head of state praised the numerous joint projects underway between Azerbaijan and Uzbekistan, emphasizing that they reflect the strong and friendly relations between the two countries across all sectors.
Minister Kudratov said that President Mirziyoyev was preparing for an upcoming visit to Azerbaijan and has instructed the government to ensure the visit delivers concrete and practical outcomes.
The talks highlighted the positive momentum in economic and trade relations, with discussions centered on deepening cooperation in industry, transport, and logistics, as well as exploring new joint projects.
As part of the business agenda, the 14th meeting of the Joint Intergovernmental Commission on Cooperation between Uzbekistan and Azerbaijan, along with the 3rd Azerbaijan-Uzbekistan Interregional Forum, took place in Baku on Friday.
The events were supported by the Ministry of Economy of Azerbaijan and the Ministry of Investment, Industry and Trade of Uzbekistan, and organized by the Export and Investment Promotion Agency of Azerbaijan (AZPROMO).
Discussions focused on key areas of collaboration, including trade and economic ties, industrial partnerships, and joint projects in transport, agriculture, and the food industry—core pillars of the strategic partnership between the two countries.
Mikayil Jabbarov stated that from January to May 2025, a trade turnover between Azerbaijan and Uzbekistan exceeded $200 million. He emphasized that efforts are continuing to boost exports, expand joint investment activities, and strengthen direct business ties. Jabbarov also highlighted plans to establish a Trade Representative Office of Azerbaijan in Uzbekistan.
The minister emphasized the broad potential for enhancing cooperation in key sectors, including trade, investment, industry, energy, transport, and transit, as well as business development in the Alat Free Economic Zone and the liberated territories. During the forum, Uzbek business representatives were invited to actively explore and capitalize on the business opportunities available in Azerbaijan.
The two sides highlighted the progress of joint projects in residential and tourism infrastructure development, as well as the establishment of a logistics center, and cotton and dairy clusters. The Azerbaijan-Uzbekistan Investment Company was commended for actively financing 15 projects totaling over $360 million.
A number of new initiatives were agreed upon, including: a Joint Action Plan to boost bilateral trade; an Industrial Cooperation Program for 2025–2026; a two-year schedule of mutual trade missions; the opening of trade houses and showrooms in Tashkent and Baku; the creation of a bilateral Business Council; and measures to enhance interregional transport corridors. Additional areas of cooperation will include sericulture, cotton production, and dairy processing.
France’s National Assembly has approved a bill banning access to social media for children under 15, a move backed by President Emmanuel Macron and the government as part of efforts to protect teenagers’ mental and physical health.
The S&P 500 edged to a record closing high on Tuesday, marking its fifth consecutive day of gains, as strong advances in technology stocks offset a sharp selloff in healthcare shares and a mixed batch of corporate earnings.
Israel has recovered the remains of the last remaining hostage held in Gaza, the military said on Monday, fulfilling a key condition of the initial phase of U.S. President Donald Trump's plan to end the war in the Palestinian territory.
Sanctions are a long-used tool designed as an alternative to military force and with the objective of changing governments’ behaviour, but they also end up hurting civilian citizens.
A routine military training exercise turned into a major recovery mission this week after a catastrophic mudslide swept through a hillside in West Java, Indonesia.
Iranian citizens and businesses are continuing to feel the impact of a nationwide internet shutdown imposed amid a sweeping crackdown on anti-government protests.
Palestine’s ambassador to the United Nations, Riyad Mansour, has said the permanence and success of the Gaza ceasefire depend on a full Israeli withdrawal from the territory and an end to efforts to dictate Gaza’s future.
“After all these demonstrations and internal challenges, Iran does not want to put itself in a position under threat from Mr. Trump or Israel,” political analyst Melih Demirtaş said, commenting on rising U.S.-Iran tensions in the region.
President Shavkat Mirziyoyev has announced wide-ranging reforms to policing and public safety in Tashkent, positioning the capital as a pilot city for a new, service-oriented law-enforcement model aimed at responding to modern security challenges and improving everyday safety for residents.
The Aerospace Committee of Kazakhstan’s Ministry of Digital Development, Innovation and Aerospace Industry has declared 2026 the Year of Visiting Baikonur, marking a strategic shift in how the famous cosmodrome is presented internationally.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment