Foreign workers will find it easier to work in Azerbaijan, the Head of the State Migration Service Firudin Nabiyev said.
During the meeting with the Caspian European Club members, he noted that this is due to the adoption of legislative amendments, but this is not the final version, as foreign entrepreneurs continue to apply with initiatives based on polls, after which the proposals are sent to the government.
The campaign for proposals is extended until May 15, Nabiyev said, noting that the rules to attract foreign highly qualified specialists have already been worked out and are under approval.
The State Migration Service of Azerbaijan was established on March 19, 2007 in order to facilitate the registration of foreigners intending to work in Azerbaijan. --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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