The Eastern European Regional Group selected Azerbaijan to host the 29th session of the Conference of the Parties to the UN Framework Convention on Climate Change (COP29) in 2024.
Aside from Azerbaijan, Armenia and Bulgaria also submitted bids. On December 7, 2023, however, following direct negotiations between the Office of the President of the Republic of Azerbaijan and the Office of the Prime Minister of Armenia, Armenia agreed to withdraw their candidacy in support of Azerbaijan. Bulgaria followed suit and withdrawn its candidacy.
The number of Russian billionaires has reached a new all-time high, and so has their combined wealth, Russian state news agency TASS reported, referring to the latest rankings from Forbes .
Hungarian wines have a significant opportunity to break into the Asian market, and for this reason, wine marketing in the region has received particular focus. We spoke with Pál Rókusfalvy, who has been Hungary’s government commissioner responsible for national wine marketing for over two years, to learn about the progress made so far and what the future holds for Hungarian winemakers in Asia.
In recent years, Hungarian agricultural companies have implemented numerous successful projects in Central Asia, strengthening their economic ties with the region. However, operating in this area presents significant challenges.