Baku hosts international forum Caspian "Water Technologies"
Today at Hilton Hotel Baku, an exhibition was opened in 2013 CATEF Caspian International Forum "Water Technologies", which was attended by over 200 experts in the field of hydrogeology, water supply, public sector, technology and water construction.
The main topics of discussion are the innovative technologies to clean drinking water, environmental solutions for sewage and rainwater, use of waste products, expert assessment of water sources, the management of water supplies and water supply, etc.
Speaking at the opening ceremony Deputy Prime Minister Abid Sharifov reported about the extensive activities of the Government of the country to form a reliable water supply and reconstruction of water distribution and sewerage networks. According to him, in 2011, was commissioned Oguz-Gabala-Baku length of 262 km and a capacity of 5 cubic meters per second, cost the state $ 1 billion and in addition, $ 1.4 billion was spent on the construction of the reservoir Takhtakorpu in Shabran district and channel-Takhtakorpu Jeyranbatan that can provide the Absheron Peninsula with 18 m3 of water per second. According to the vice-premier, settlements in the Absheron peninsula with a population of about 4 million people in the coming years will be provided uninterrupted water. The government will upgrade the water supply and sanitation services in 38 cities and regions. These projects will be completed within the next 2-3 years.
Vice-President of the World Association of Hydrologists Igor Zekster praised work of Azerbaijani hydro geologists in the study and development of sources of Greater Caucasus. He called unique and having no analogues in the world the laying of the pipeline from 87 wells drilled in the Oguz region. -08B-
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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