The company Shandong Guangtong Silkworm (China) offers Azerbaijan mulberry seedlings for gardens. To this end, the company participated in the tender of the Ministry of Agriculture for the purchase of mulberry saplings to restore silkworm forage.
Last week, representatives of the company met in Baku with the Minister of Agriculture Heydar Asadov.
This year, Azerbaijan has produced 70 tons of silkworm.
The Azerbaijani government subsidizes the production of silkworm. Per kilogram of silkworm farmers receive AZN 2 from this year.
The tender for the purchase of mulberry saplings was announced on July 15. The Ministry of Agriculture has not told Turan on the number of purchased seedlings. ------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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