September 13 the Azerbaijan-Dutch Business Forum will be held in Baku during the visit of Deputy Prime Minister and Minister for Economic Affairs, Agriculture and Innovation of the country Maxim Veragen.
The press service of the Ministry of Economic Development told Turan that the forum will be attended by representatives of several Dutch companies representing such areas of business, logistics, industry, ICT, agriculture, construction and engineering, energy, architecture, waste management, etc. .
Note that according to the State Customs Committee, in the first half of 2012, imports from the Netherlands to Azerbaijan totaled $ 70.4 million (+32.6%), while exports - $ 3.8 million (+22.5%).
The Netherlands, also known as offshore zone, is included in the leading position in terms of direct investment in Azerbaijan. In Azerbaijan, a number of companies operate with the Dutch capital. - 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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