Baku Business Center on April 19 is to host the Azerbaijani-Macedonian business meeting to mark the visit to Baku of the Prime Minister of the Former Yugoslav Republic of Macedonia Nikola Gruevski, told Turan in the Fund to promote exports and investment in Azerbaijan (AZPROMO) .
During the meeting, the Macedonian side will present the Azerbaijani government and the private sector, information on opportunities for business and investment in the country.
Trade turnover between Baku and Skopje is negligible. Last year it was only $ 416 million, with only the expense of imports from Macedonia. This year, the pace of trade between the two countries remains the same. - 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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