The Ministry of Industry of France intends to assist Azerbaijan with the launch of low-orbit satellites, and even with the development of the local aerospace industry.
As noted at the meeting of the Minister of Communications and Information Technologies Ali Abbasov with French Ambassador to Azerbaijan Pascal Monnier, for this will be amended in the "Agreement on Cooperation in the field of innovation," signed two years ago. Amendments will be made next year, said in a statement the Ministry of Communications.
Abbasov and Monier also discussed the issue of the second French-Azerbaijani ICT Forum.
According to the minister, the launch in February 2013 of the first telecommunications satellite of Azerbaijan (Azerspace) with missiles - French media company "Ariane Space" from the spaceport at Kourou island in Guiana (South America), will provide the basis for new areas of cooperation. - 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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