Bakutel Exhibition Expensive Pleasure for Commercial Structures of Ministry of Transport, Communications and High Technologies

Azerbaijan and Kazakhstan are taking a significant step forward in their strategic partnership by announcing plans to form a joint investment fund with an initial capital investment of $300 million. The joint venture discussed at the meeting of the Ambassador of Kazakhstan to Azerbaijan, Alim Bayel, and the General Director of the Azerbaijan Investment Holding (AIH), Ruslan Alikhanov, testifies to the concerted efforts to strengthen economic cooperation between the two countries.

The Heydar Aliyev International Airport in Baku has once again been awarded the highest awards of the prestigious Skytrax World Airport Awards 2024. Positioned as a key aviation hub in the bustling city of Baku, the airport has confirmed its status as a regional leader by receiving two prestigious awards.

On April 18, Azerbaijan's national air carrier AZAL made its first flight from Baku to Karachi, Pakistan. The first flight was solemnly greeted after landing in Karachi with a traditional water cannon salute, symbolizing goodwill and celebration.

The Middle Corridor, a pivotal artery connecting the Caucasus and Central Asia to global supply chains, stands as a beacon of economic opportunity and regional integration. However, according to a recent report by the International Monetary Fund (IMF) titled "Prospects for the Development of the Regional Economy: The Middle East and Central Asia," urgent measures are required to fully realize its potential and address existing challenges hindering its growth.