Baku will take about 200 participants of the XII Bonds Congress of CIS and Baltic countries. The leading event for the development of domestic bond markets will be held on May 21-22,
As stated in the official invitation (http://www.cbonds-congress.com/events/263/agenda), recognized experts and key market players will discuss the state and prospects of the financial markets (macroeconomic situation, the risks of regions, new perspectives), new trends in the Eurobond market of the CIS countries and emerging markets, as well as the situation on the local bond markets.
Particular attention will be paid to this year's local capital markets and the trend of development for the Caucasus region and in many countries of the CIS.
Participants will also have an informal program. The program and sponsorship should be addressed in Moscow by Sabir Rzayev (rzaev@cbonds.info, +7 (812) 336-97-21 * 121), and on the participation - Elena Mokritsky (elena@cbonds.info, +7 (812) 336-97-21 * 104). --17D-
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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