JSC Azerkosmos signed a contract for deployment of telecommunications services in the regions of Africa, the Middle East and Central Asia. Its partner is the satellite operator of the United Arab Emirates, Network Satellite Technology Trading, says the information on the website of the state body.
It's about harnessing the resources of the national telecommunications satellite broadcasting Azerspace-1. Services and data (video, voice services, mobile services, etc.) will be provided on the platform iDirect. .
Recall Azerkosmos is the only satellite operator in the Caucasus and it provides resources to provide satellite telecommunications services and digital broadcasting networks VSAT.
The first national satellite Azerspace-1 was launched into orbit from 8 to 9 February 2013. It is located in a rented position of 46 degrees east longitude, broadcasting on part of Europe, Africa, the Middle East, Central Asia and the Caucasus. It is intended to provide services for digital broadcasting, Internet access, data transmission, creation of multiservice networks VSAT, as well as providing government communications. --17D-
Economics
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Azerbaijan’s state oil company SOCAR signed a memorandum of cooperation with North Macedonian company ECM on Thursday, during a visit to Baku by North Macedonia's President Gordana Siljanovska-Davkova, an informed source told Turan.
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Discussions were held in Baku within the framework of the 29th session of the Conference of the Parties (COP29) to the UN Framework Convention on Climate Change, focusing on the "Decarbonization and Climate Adaptation of the Cotton-to-Clothing Value Chain." Among other topics, the state of cotton farming in Azerbaijan was also addressed.
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Azerbaijan has attracted significant interest from companies in both developing and developed countries, as well as from state and private sector representatives of at least 10 nations, regarding participation as shareholders in the Climate Finance Action Fund (CFAF), which has a total budget of $1 billion. The CFAF is one of Azerbaijan’s 14 key initiatives unveiled at COP29, Yalchin Rafiev, Azerbaijan's chief negotiator at COP29 and Deputy Foreign Minister, said at a press conference on Tuesday.
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The Azerbaijani government has proposed that the OPEC Fund participate in financing several renewable energy projects, including offshore wind energy development, green energy corridor initiatives, and a 1 GW project planned by SOCAR in partnership with the UAE-based company Masdar.
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