Today Baku Expo Center opened a traditional Azerbaijan International Exhibition in Food Industry World Food Azerbaijan 2015. The opening ceremony was attended by President Ilham Aliyev
Among the participants are manufacturers, distributors and suppliers of food products as the Azerbaijani and world food market. This year the number of exhibitors is more than 250 companies. The exhibition includes companies from Bulgaria, Germany, India, Italy, Spain, Kazakhstan, Korea, Lithuania, the Netherlands, Poland, Russia, Serbia, Ukraine, France, Czech Republic and others. National exhibition stands are presented by Argentina, Australia, Belarus and Lithuania.
Traditional sections of the exhibition will present fish, meat and poultry, canned goods, dairy products, groceries, confectionery, refrigeration systems, beverages and much more. The exhibition will also present bakery and packaging equipment.
The Caspian International Exhibition Packaging, Tare, Label and Printing - Ipack Caspian 2015 presents equipment for manufacturing and design of packaging, packaging materials, and finished packaging for various industries.
The exhibition will be held from 21 to 23 May. The organizers are Iteca Caspian LLC and ITE Group PLC. ----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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