The Azerbaijani-Russian border has again observed accumulation of vehicles that cannot cross the border for several days. To resolve the situation at the initiative of the Azerbaijani side representatives of the customs officers at the border between the two countries will meet on December 20.
The Press Service of the Azerbaijan State Customs Committee said yesterday that the periodic occurrence of queues at the customs checkpoint is not caused by the actions of the Azerbaijani customs. The Azerbaijani side serves passengers and vehicles "timely and operatively." "The accumulation of vehicles at the border is due to "a long procedure of passing the Magerramkend checkpoint in Dagestan", says the statement of Azerbaijan State Customs Committee. - 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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