Energy projects in the Caspian region and transportation of hydrocarbons to Europe was one of the main topics of a meeting on February 7 in Baku between Azerbaijani Deputy Foreign Minister Khalaf Khalafov and EU Special Representative for Central Asia, Patricia Flora.
The press service of the Foreign Ministry noted Flora comments regarding the important role of Azerbaijan in the development of EU relations with Central Asia.Khalafov said that Azerbaijan is a long-term partner of the EU in the areas of transportation and energy, and stressed the importance of expanding dialogue in these areas.
With the realization of energy projects such as TANAP, Southern Energy Corridor, Trans-Caspian gas pipeline, Azerbaijan's role in Europe as energy producer and transit country will increase. Azerbaijan has a role to play in the reconstruction of Afghanistan and the upcoming withdrawal of international forces from the country in 2014.
Referring to the Karabakh conflict, Khalafov noted provocative statements from the Armenian government on their plans to begin flights to the Khojaly Airport as well their plans to settle Armenians from Syria in the occupied territories of Azerbaijan. Khalafov said that the occupied territories are outside international control and are used for drug trafficking, terrorism and other forms of organized crime and the international community and the EU should increase pressure on Armenia to end the occupation. -06D -
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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