Completed the official visit to Hungary of the Minister of Communications and Information Technologies Ali Abbasov. The inviting party was Minister of Economic Development of the country Zsuzsa Nemeth.
Chief signalman was in an information technology University of Pannonia in Veszprem to exchange students and young professionals . Speech by Minister for the students and faculty on the topic of "Trends of the global development of information and communication technologies," according to the press service of the ministry, has caused great concern in the region of Central Europe.
During the meeting with Zsuzsa Nemeth decided to prepare a report about the main areas of cooperation to the next meeting of the inter-parliamentary economic committee of Azerbaijan- Hungary in Baku. Ali Abbasov invited the Hungarian counterpart to visit an international exhibition BakuTel, which will be held in Baku on 2-5 December this year.
During the visit, Minister Ali Abbasov also visited the center CERN @ WIGNER DataCenter in Budapest , considered one of the main centers of information technology in Europe. The center's director , Peter Levai and Project Manager Gabor Peto detail informed the Azerbaijani Minister of the operating principles and possibilities of this "think tank" .
The visit was attended by Secretary of State for Telecommunications issues Wailly Hungarian Vilmos Nagy, Hungarian ambassador to Azerbaijan Zsolt Csutora and Azerbaijani ambassador to Hungary Vilayat Guliyev. - 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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