Baku/06.03.14/Turan : During his visit to Azerbaijan of the delegation of the Sverdlovsk region , headed by the Governor Yevgeny Kuyvashev, on March 13 Baku will host an Azerbaijani-Russian business forum . Statistics show that the trade and economic relations between the two countries is on the rise .
The Fund export promotion and investment in Azerbaijan (AZPROMO) told Turan, in Baku business center will bring together representatives of the heavy and light industry , energy, petrochemicals, construction, and agriculture , finance , education, health , trade, etc.
According to the State Customs Committee of Azerbaijan , in 2013 , trade with Russia amounted to $ 2 billion, 582 million , an increase of 10.3%. This surplus turnover is still in favor of Russia - $ 241 million. In 2012 , the figure was $ 421 million.
Russia ranks third in terms of foreign trade turnover between Azerbaijan and specific gravity 7.45 % ( 2013 ) . Russia accounted for 14 % of Azerbaijani imports. With this indicator, it holds the record of countries in terms of exports to Azerbaijan. - 08D-
Economics
-
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.
-
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.
-
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.
-
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.
Leave a review