Austria is interested in cooperation with Azerbaijan in the field of ICT.
According to the Ministry of Communications and Information and Communication Technologies (http://mincom.gov.az/media-ru/novosti/details/1182), a special interest manifested in the fields of construction of "e-government", training in the industry, establishing cyber security, and communications.
These thoughts are voiced by the Deputy Minister of Transport, Innovation and Technology of the country Andreas Reinhard during a meeting in Baku with the Deputy Minister of Communications and Information Technologies of Azerbaijan E.Velizade.
Austrian guest, mentioning the successful projects undertaken by the two countries in various fields, expressed interest in building in Azerbaijan meets modern requirements of a plant for the production of cables. The products of this company will not only meet the domestic needs, but also will be exported to foreign markets. - 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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