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Global Cyber Security for Azerbaijan
The Azerbaijani Government through the Foreign Ministry and the Secretariat of the International Telecommunication Union (International Telecommunication Union - ITU) has signed a joint convention of cyber security.
According to the official Telecommunications Union, the issue was discussed and the intention was confirmed in the last year's visit to Azerbaijan of ITU Secretary-General Hamadoun Toure. The implementation of the project is connected with the Azerbaijani Embassy in Switzerland.
It is noted that the current practice of humankind moving to telecommunications is due to the problem of crime and terrorism in the segment of cybernetics that is becoming increasingly important. Today, all the developed countries are thinking of collective action to shield against global risk, which need to ensure the protection of personal data.
According to UN statistics, every year more than 1.5 million people are victims of identity theft over the Internet. Economic losses from such criminal activities are estimated at $ 1 billion. - 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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