ALCA with their counterparts in Russia and Belarus established the International Union of Leasing
Association of Leasing Companies of Azerbaijan (ALCA), together with the Association of Lessors of Belarus and the Russian Association of leasing associations registered non-profit organization International Leasing Union (ILU).
As reported in the ALCA, the main thrust of the new organization will be the preparation of programs and the development of cross-border leasing and participation in the development of national legislation aimed at its development, the presentation of economic, commercial, public interest and the rights of participants in ILU in international organizations.
In the long term to maintain the union of leasing companies they plan to hold stock, marketing and research, as well as seminars, conferences, exhibitions and meetings. -15D -
Economics
-
On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
-
Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
-
Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
-
Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
Leave a review