At the end of last week the Azerbaijan State Migration Service and BP-Azerbaijan company signed the memorandum of cooperation.
A source from BP-Azerbaijan told Turan that the document envisages cooperation in the migration field.
Till now international employment companies have brought various specialists in Azerbaijan for the BP-Azerbaijan projects on the contract and sub-contract basis.
The State Migration Service has informed BP-Azerbaijan that the foreign residents working for the BP projects in Azerbaijan as a part of the production sharing agreement (PSA) are not full time employees of BP-Azerbaijan. Therefore, their hiring in the projects in Azerbaijan does not correspond to the laws of the republic and is not in the interests of the country.
Thus, the sides have reached an agreement on the new system of employment of foreign specialists.
BP-Azerbaijan company will conclude temporary labor agreements with the foreign residents and there will be no need in the services of the mediators – employment companies – which made a lot of money on that.—0—
Economics
-
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.
-
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.
-
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.
-
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.
Leave a review