In 2015, persons having permission from the Ministry of Ecology and Natural Resources used 565.6 from 677.9 tons of quotas on fishing. Compared to 2014 quotas on the fish decreased by 35.8%. In 2015, permission to fishing received 156 legal entities and individuals, by 35% less than in the previous year.
They have officially been caught sprats - 138 tonnes (in 2014 - 195.5 tons), herring - 118 tons (349.2 tons), as well as kutum - 116 tons, mullet - 78 tons, etc. To obtain permission 26.700manat were paid to the special Fund of the Ministry of Ecology and Natural Resources. According to the minimum consumer basket (approved on June 16, 2014), in Azerbaijan minimum needs of the rate of consumption of fish and fish products per capita is 7.7 kg per year; fish consumption a year should reach 74,000 tons. --08B--
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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