During the first European Games (12-28 June), the local banks are required to ensure smooth operation of cash machines (ATM) and POS-terminals, reads the information of the Central Bank of Azerbaijan.
Heads of commercial banks have received instructions at the meeting on acquiring card payments to ensure the stability of the infrastructure handling payment cards. This is due to the influx of foreign fans, whose money is accumulated in the electronic means of payment.
The number of compulsory measures is to ensure local and foreign currency network ATM, regular technical supervision of ATMs, monitoring the quality of work and the use of POS-terminals in this habitat, as well as informing the trade and service objects of the rules of use of POS-terminals in areas related to the Games. --17D-
Economics
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Azerbaijan’s Milli Majlis ratified the second amendment to the agreement on the joint development of the Azeri-Chirag-Gunashli (ACG) oil and gas block during its plenary session on Wednesday. The bill was submitted to parliament as a legislative initiative by President Ilham Aliyev.
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The 104th meeting of the Commonwealth of Independent States (CIS) Economic Council was held in the Russian capital, with representatives from member states discussing enhanced economic collaboration and key regional initiatives. Azerbaijan was represented by First Deputy Prime Minister Yagub Eyyubov.
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Azerbaijan’s Information and Communication Technologies Agency (IKTA) reported significant improvements in the quality of internet and telecommunications services in the first half of 2024, driven by a comprehensive assessment framework and enhanced regulatory measures.
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In 2024, Azerbaijan will double its gas supply to Bulgaria, which not only uses this gas for its own needs but also partially sends it to its Balkan Gas Hub and, by agreement with SOCAR, organizes the transit of various volumes to its neighbors.
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