Italy Business News Wire
SEE OTHER BRANDS

Top business and economy news from Italy

Azerbaijan Commits Additional USD2M to Ukraine

(MENAFN) Azerbaijani President Ilham Aliyev on Monday authorized an additional $2 million in humanitarian support to Kyiv as the Russia-Ukraine conflict approaches three and a half years.

The presidential decree, posted on Azerbaijan’s official presidency website, allocates the funds to the Energy Ministry. These resources are designated for the purchase and shipment of domestically manufactured electrical equipment. The money will be drawn from the president's reserve fund under the 2025 state budget.

The decree instructs the Finance Ministry to release the specified financing.

“In recent years, the Azerbaijani government has sent humanitarian aid to the Ukrainian people several times due to the situation in Ukraine,” the decree stated.

It further emphasized that Baku has extended humanitarian assistance to numerous countries worldwide, “based on the principles of humanism,” through both bilateral and multilateral efforts.

The move follows a recent phone conversation on Sunday between Aliyev and Ukrainian President Volodymyr Zelenskyy, where they discussed bilateral ties among other issues, according to an official presidential statement.

Last month at the 4th Ukraine Recovery Conference in Rome, Deputy Foreign Minister Yalchin Rafiyev revealed that Azerbaijan has already contributed $42 million in financial aid to support Ukraine’s recovery.

MENAFN11082025000045017169ID1109911457

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

Share us

on your social networks:
AGPs

Get the latest news on this topic.

SIGN UP FOR FREE TODAY

No Thanks

By signing to this email alert, you
agree to our Terms & Conditions