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Azerbaijan to Become Connection Point between Air Spaces of Europe and Asia
Baku – Azerbaijan Airspace Supervision & Efficiency Centre (ASEC) will be built at Heydar Aliyev International Airport. The relevant agreement was signed by CJSC Azerbaijan Airlines and French company Thales.
The project will be implemented within the framework of the implementation of air traffic management system (ATM) and air traffic flow management (ATFM) in collaboration with Eurocontrol.
Azerbaijan Airspace Supervision & Efficiency Centre at Heydar Aliyev International Airport will be a key center for planning of air traffic flow between European Central Flow Management Unit (CFMU), located in Brussels and Air Traffic Flow Management Center, located in Singapore.
The fast growth of the Asian and Chinese markets, as well as the strategic position of Azerbaijan, contribute to growth in both internal and transit air traffic, and therefore, our country is assigned an important role in air flow management throughout the region.
Smooth implementation of ICAO Global Air Navigation Plan requirements will have a positive impact on air traffic flow growth in the future. ---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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