Categories
South Caucasus News

Who wants to move the Geneva discussions to Minsk? / JAMnews – JAMnews


Who wants to move the Geneva discussions to Minsk? / JAMnews  JAMnews

Categories
South Caucasus News

The Prime Minister arrived in Athens (VIDEO) – Radar Armenia


The Prime Minister arrived in Athens (VIDEO)  Radar Armenia

Categories
South Caucasus News

Nikol Pashinyan left for Greece – Radar Armenia


Nikol Pashinyan left for Greece  Radar Armenia

Categories
South Caucasus News

AP Headline News – Feb 27 2024 07:00 (EST)


28013281


Categories
South Caucasus News

Government mortgage lending in January reaches $9.5M


In January, the Mortgage and Credit Guarantee Fund (MCGF) of Azerbaijan allocated 16.1 million manats ($9.5 million) in loans, 82.95% more than in January 2023, Report informs, citing the Central Bank of Azerbaijan.

Categories
South Caucasus News

Azerbaijan posts 22% decline in troubled loans


As of February 1, 2024, overdue loans in Azerbaijan amounted to 454.1 million manats ($267.12 million), up 3.7% from a month earlier, and 2223% from a year earlier, Report informs, citing the Central Bank of Azerbaijan.

Categories
South Caucasus News

bp’s executive vice president on visit to Baku


Giulia Chierchia, bp’s executive vice president, Strategy, Sustainability and Ventures, has today started her 3-day planned working visit to Baku, Report informs, citing bp-Azerbaijan.

Categories
South Caucasus News

Net profit of Azerbaijan’s banking sector up by 10%


The banking sector of Azerbaijan achieved a net profit of 99.6 million manats ($58.58 million) in january 2024, 10.3% more than in 2023, Report informs.

Categories
South Caucasus News

Azerbaijani banking sector’s assets grow by 8%


As of February 1, 2024, the assets of Azerbaijan-based banks amounted to over 49,296.8 million manats ($29 billion), up 7.5% from a year earlier, Report informs, citing the Central Bank of Azerbaijan (CBA).

Categories
Audio Review - South Caucasus News

Abkhazian authorities wish to move the Geneva discussions to Minsk


Geneva discussions

According to the Abkhazian government, Geneva has outlived its usefulness as a venue for international discussions on conflict resolution in the Caucasus, including the Georgian-Abkhazian conflict. The Abkhazian side would prefer to see Minsk as the new location for negotiations.

This was announced during a working meeting between Abkhazia‘s president Aslan Bzhania and foreign minister Inal Ardzinba, who reported on the ministry’s work done in the past year, 2023.



Bzhania said that during his last visit to Moscow in mid-February 2024, Russian foreign minister Sergey Lavrov inquired about the Abkhazian leadership’s opinion on the possibility of holding negotiations with Georgia in a new location.

Lavrov said that the Geneva platform has run its course and asked the Abkhazian side if they objected to seeking a more acceptable venue than Geneva. For example, such discussions could take place in Minsk or in the capitals of other states, preferably in the most neutral ones, such as former Soviet Union republics. There’s nothing wrong with this; on the contrary, it could change things for the better,” said Aslan Bzhania.

This idea also appealed to Abkhazia’s Foreign Minister Inal Ardzinba:

Lately, we’ve been receiving a lot of information from the Russian Foreign Ministry indicating that Geneva cannot provide equal conditions for all participants in the negotiation process. Therefore, this issue is very relevant.”

However, all of this remains at the level of dialogue between the president and the minister for now. There has been no official statement from Abkhazia regarding a rejection of Geneva as the venue for negotiations.


Toponyms, terminology, views and opinions expressed by the author are theirs alone and do not necessarily reflect the views and opinions of JAMnews or any employees thereof. JAMnews reserves the right to delete comments it considers to be offensive, inflammatory, threatening or otherwise unacceptable