Azerbaijan’s economy minister attends Turkic Council’s videoconference (PHOTO) (UPDATE)

Azerbaijan’s economy minister attends Turkic Council’s videoconference (PHOTO) (UPDATE)

Details added (first version posted May 6 at 21:26)

BAKU, Azerbaijan, May 6


Economy ministers and heads of customs services of Turkic Council member states held discussions via videoconference on May 6, Azerbaijan’s Economy Ministry told Trend.

Representatives of observer states in the Turkic Council also joined the event.

The videoconference focused on the joint efforts to resolve the issues raised by the heads of state during the extraordinary summit of the Turkic Council held on the initiative and under the chairmanship of Azerbaijan’s President Ilham Aliyev on April 10.

Azerbaijan’s Economy Minister Mikayil Jabbarov, who currently chairs the organization, was the event moderator.

The discussions focused on the current economic situation in member states, developing joint proposals and practical measures on eliminating the negative socio-economic consequences of COVID-19, as well as the ways of further enhancing the cooperation in the corresponding spheres during the post-pandemic period.

Jabbarov pointed out that COVID-19 cases in Azerbaijan are low as a result of the numerous timely measures taken under the leadership and direct control of Azerbaijan’s President Ilham Aliyev.

As a model of well-thought-out and focused policy, Azerbaijan compares favorably in this sense, according to the minister.

Jabbarov gave detailed information on operational and systematic measures implemented primarily based on solidarity between the state and the citizens, in order to protect people's health, reduce the impact of the pandemic on the national economy, provide support to entrepreneurs and employees who have lost their jobs, and to maintain jobs, ensure social protection of the population, as well as prepare real soil to apply a new model of economic development in the post-pandemic period.

In order to effectively use the advantages of the bilateral free trade agreements between the Turkic Council members, as well as to ensure the development of e-commerce, Azerbaijan’s economy minister proposed to take measures for mutual recognition of electronic signatures, create a Turkic trading house, a catalog of border and transit regimes available in the countries of the Council, inform each other about urgent or planned changes in transport and transit regimes, as well as in the near future to create an online information exchange system to track products and procedures.

Recalling the issues of promoting the activities of the Turkic Chamber of Commerce and the creation of the Joint Investment Fund during the extraordinary Summit held by the heads of state of the Turkic Council in order to eliminate the negative effects on trade and investment, Jabbarov said that along with the expansion of mutual investment opportunities, such a Fund contributes to the development of entrepreneurship, in particular small and medium-sized businesses, the creation of new jobs, support for innovation and eventually, the economic and social development of countries.

The minister said that Azerbaijan is ready to fully support the creation of a joint investment fund in Baku.

Touching upon the digital economy, Jabbarov recalled that in early
2020 it was decided to create a branch of the Center for the Fourth Industrial Revolution of the World Economic Forum in Azerbaijan. He noted that all necessary measures will be taken to ensure the regional significance of the Center for the benefit of fraternal states.

Jabbarov emphasized the importance of creating state food reserves. From this point of view, it would be advisable to create a single list for all countries of the Turkic Council.

Iran to increase vaccinations as fourth wave of COVID-19 rises
Iran to increase vaccinations as fourth wave of COVID-19 rises
Natanz incident not to hamper Iran's efforts to revive JCPOA - former MP
Natanz incident not to hamper Iran's efforts to revive JCPOA - former MP
All sanctions against Iran should be lifted unconditionally, Russia says
All sanctions against Iran should be lifted unconditionally, Russia says
Loading Bars
Israel and Greece sign record defence deal
Armenia should abandon all territorial claims against Azerbaijan - Azerbaijani official
India's COVID-19 tally surpasses 15 mln, with 273,810 daily cases
WHO includes two coronavirus vaccines developed by scientists of Uzbekistan in drug candidates list
Brazil reports 1,657 single-day deaths from COVID-19
Сo-op in Eurasian transport networks may create new opportunities for transit corridors between Latvia, Azerbaijan - embassy
12 European football teams to form breakaway 'Super League' throwing elite game into turmoil
Turkey confirms 55,802 new COVID-19 cases, 318 deaths
Five diplomats to stay in Czech embassy inn Moscow - presidential office
NASA's Mars helicopter to attempt first flight Monday
Turkey extends condolences to Egypt over deadly train accident
Albania opens 2nd int'l airport
Four dead in light plane crash near Paris
Israel reports 130 new COVID-19 cases, 837,012 in total
Canada's Trudeau mobilizes federal workers to battle COVID-19 in Toronto and rest of Ontario
Rockets strike Iraqi military base hosting U.S. contractors, Iraqi military says
Number of COVID-19 cases across globe up by over 809,000 in past day
Iran intends to increase electricity exports
Africa's COVID-19 cases surpass 4.42 mln: Africa CDC
20 employees of Czech embassy in Moscow declared personae non grata
Uzbekistan may start producing coronavirus vaccines by year end
Iran, Serbia emphasize developing trade-industrial ties
Turkey's 1Q2021 export of ready-made clothes to Iran grows
Kutaisi Int’l Airport receives first Wizz Air flight from Vilnius since start of pandemic
Mexican president to propose extension of welfare programs to curb migration
Verstappen wins F1 thriller at Imola
97 passengers wounded in Egypt's train derailment: ministry
Czech ambassador summoned to Russian foreign ministry
UK records another 1,882 coronavirus cases, 10 deaths
Weekly review of main events of Azerbaijani financial market
Cuba's Raul Castro leaves the political stage
Azerbaijan increases silver production
Turkey develops innovative COVID-19 vaccine, minister volunteers
Uzbekistan to receive Sputnik V vaccine by late April
Immunization to be temporarily suspended over Easter holidays
Iran's Energy Exchange announces products to be on sale on April 19
Iran’s Bahar Azadi gold coin price again falling
At least 16 killed in clashes in South Sudan's Lakes State
Volume of cargo loaded, unloaded in Iran’s Astara port surges
Sudan calls on African countries to support reaching comprehensive solutions on Nile dam
Japan’s PM to Visit India, Philippines to Strengthen Regional Ties
Azerbaijan discloses number of COVID-19 vaccinated citizens
Azerbaijan confirms 2,144 more COVID-19 cases, 1,923 recoveries
India stresses fulfilling commitments for developing Chabahar
EAM Jaishankar to visit Abu Dhabi on Sunday
Sri Lanka to receive Chinese Sinopharm vaccine tomorrow
Biden names 2 Indian-Americans to key jobs
Ambedkar remembered on birth anniversary in Dubai
Shortcomings of multilateral system laid bare by pandemic, says Shringla
Maldives Foreign Minister meets Jaishankar, discusses regional, international issues
Israeli business interested in expanding cooperation with Kazakhstan
Number of licenses issued for launch of enterprises in Iran spikes
Delegation of Azerbaijani parliament takes part in events within session of CIS Interparliamentary Assembly (PHOTO)
Azerbaijani gymnasts take part in World Cup in Uzbekistan's Tashkent
Ford Otosan to suspend production due to supply issues
Georgian delegation to Participate in Spring Session of PACE
Iran reveals COVID-19 data for April 18
Azerbaijani hydroelectric power plants increase electricity production
China, U.S. agree on need for stronger climate commitments
Russia records over 8,600 daily COVID-19 cases
Azerbaijan shares footage from Saybali village of Aghdam district (VİDEO)
Serbia - gateway to European market for Iran - Deputy Minister
France to impose 10-day quarantine for travellers coming from Brazil
Azerbaijani Finance Ministry to engage archiving services via tender
Kyrgyzstan adds 244 new COVID-19 cases
Israel raises import of clothes from Turkey
Iran's Energy Exchange announces products to be on sale on April 18
Capital of Bank Keshavarzi Iran to increase
Iran's trade turnover with Georgia decreases
Azerbaijan's MFA issues appeal on occasion of April 18 - International Day for Monuments and Historic Sites
Azerbaijan shares footage from Tarovlu village of the Gubadli region (VİDEO)
Slovak investors note potential in Georgia's energy sector
Czechs expel 18 Russian envoys, accuse Moscow over ammunition depot blast
Azerbaijan's State Treasury Agency to update information systems via tender
Earthquake hits Georgia
Iran, Serbia FMs meet in Tehran
Magnitude 5.8 earthquake hits Japan
Kazakhstan’s COVID-19 caseload up by 2,822
Iran's trade turnover with Pakistan shrinks
Brazil registers over 370,000 deaths from COVID-19
5.8-magnitude quake strikes off Japan's Miyagi Prefecture
Iraq reports 6,552 new COVID-19 cases, 970,987 in total
More than 805,000 COVID-19 infections detected worldwide over past 24 hours
5.1-magnitude quake hits 20 km S of Mandraki, Greece
Israel reports 142 new COVID-19 cases, 836,882 in total
Yemen's Houthi rebels say launch drone attack on Saudi air base
India's sports minister tests positive for COVID-19
Weekly review of highlights in Azerbaijan's transport sector
EU to hand over 30 vehicles to Georgia Border Police
Turkish scientist works on drug that can ‘kill COVID-19 in 2 days’
Uzbekistan may start production of its own vaccine against COVID-19 by the end of the year
Russia's Eastwind, Turkmenistan's Turkmensvyaz to sign contract
UK records another 2,206 coronavirus cases, 35 deaths
Iranian official offers upbeat assessment of progress in nuclear talks
Volume of goods transported by Azerbaijan’s vehicles in 2021 disclosed
Indonesia reports 5,041 new COVID-19 cases, 132 new deaths
Global COVID-19 deaths surpass 3 mln - Johns Hopkins University
Geostat reveals volume of Russian exports to Georgia
Solar panel station put into operation in Iran’s Razavi Khorasan Province
New auction to be held for Azerbaijani Finance Ministry's mid-term bonds
All news