Relations between Azerbaijan and Israel in the field of ICT can be called exemplary. The Minister of Communications and Information Technologies Ali Abbasov met with the Israeli Ambassador Michael Lavon-Lotem completing his mission in Azerbaijan, the Israeli investment in the sphere of information and communication technologies has been fruitful for Azerbaijan. Specialists from the friendly country share their experience with local counterparts, because in Israel there is a strong bank of IT-world-class specialists.
The Ambassador invited the Azerbaijani Minister to participate in the international exhibition and conference on cyber crime, which will be held in Israel in November.
Almost at the same time Baku is to host the exhibition BakuTel (6-9 November) and within the forum to discuss issues of Internet Governance (IGF-Internet Governance Forum) - IGF-2012, which will be invited by the Minister of Communications of Israel. - 17D-
Economics
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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.
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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.
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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.
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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.
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