On October 1 in Turkey European Commission Vice President for European Union will discuss construction of the trans Anadolu gas pipeline (TANAP), reported Turkish Anagolu agency.
In his interview to Anadolu Shefchovich reminded is participation in laying foundation of TANAP gas pipeline, which is a part of the Southern Gas Corridor, in March 2015. He added that EU “is ready to play a real role in providing assistance to TANAP.”
Shefchovich said that Turkey, which is located on the crossing of the pipelines, plays an important role in safeguarding energy safety and occupies an important place in the EU strategy.—0—
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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