Baku on January 16 is to host the Azerbaijani-Slovenian business forum, organized in the framework of the visit of Prime Minister of Slovenia, Janez Jansa.
The Forum is supported by the Azerbaijan Fund Export and Investment Promotion (AZPROMO).
The Fund noted that the forum will be attended by representatives of the Azerbaijani and Slovenian companies operating in industry, energy, tourism, construction, health, education, consulting, etc.
In the past five years, bilateral business meetings were held both in Baku and Ljubljana, the Heads of State and Government.
During 11 months of 2012 Azerbaijani imports from Slovenia amounted to $ 5.5 million, which is 33% lower than for the comparable period of 2011. Azerbaijan exported goods to this country in a small amount - $ 18,000. - 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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