During the visit to Beijing, the National Civil Aviation Administrations of Azerbaijan and China agreed on a draft intergovernmental agreement on air services and signed a document.
The official report of the National Civil Aviation Administration of Azerbaijan noted that the new agreement provides for the airlines of the two countries additional opportunities to establish regular flights. In the international relations department of the administration they told Turan that the directions of new routes will be agreed at the airlines.
Note that the Azerbaijan Airlines and China Southern Airlines operate seasonal flights between Baku and Urumqi. The Azerbaijani cargo airline Silk Way Airlines operates services between the two countries.
The meeting with representatives of the Civil Aviation Administration was attended by representatives of the Azerbaijani airlines. - 08D-
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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