On October 30, the Ministry of Transport held a meeting at which they discussed with representatives of the International Road Transport Union (İRU) the results of monitoring of the Azerbaijan section of the motorway Model Project (MAP).
The information spread today by the Ministry of Transport noted that the monitoring was carried out by representatives of "Egnatia ODOS SA" (Greece). This company fulfils the functions of Technical Secretariat of the Black Sea Ring Highway. Not only the condition of roads in the Azerbaijan section of the "Silk Road", but also a roadside support infrastructure, border crossing procedures, etc. were assessed. The details of the monitoring are not reported.
The IRU initiated the implementation of the MAP on the Baku-Tbilisi-Batumi-Trabzon. His goal is to create a more effective and safer conditions for the development of road transport along the corridor TransEvropa-Caucasus-Asia. --08D—
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