The Dutch government intends to cooperate with Azerbaijan in perspective, including the areas of alternative energy, agriculture and ecology.
These topics were discussed today during President Ilham Aliyev's meeting with a delegation headed by the Dutch Minister of Economy Henk Kamp.
The Head of State assured the guests of the creation of conditions for effective work of foreign investors.
The next stage of the Dutch officials’ visit to Azerbaijan's capital will include specific meetings with the ministers heading the economic bloc of the Cabinet of Ministers of Azerbaijan.
Recall, according to the results of 2015 the mutual trade turnover between the two countries amounted to about $ 120 million, while the Netherlands were among the five largest investors.
In addition, last year in Maastricht, a business forum was held with the participation of 50 Azerbaijani and 90 Dutch companies. After the visit of the Minister of Economy to Baku, a solid trade delegation from the Netherlands will arrive in Azerbaijan on May 17 to 21. --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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