The Government of Canada may authorize the export of breeding cattle to Azerbaijan, the Assistant Trade Representative of Canada in Turkey Baris Satar said today during the Azerbaijani-Canadian workshop supported by the American Chamber of Commerce (AmCham).
According to him, the country's breeding cattle is hardly susceptible to disease. More than that, during the export of cattle and meat, all the necessary expertise is conducted. In addition to animal exports to Azerbaijan, Canada can also provide Azerbaijan with a number of technical solutions to increase the productivity of animals.
“The purpose of the seminar is the increasing interest of Canadian producers, as well as a partnership in this area with large agricultural holdings, as well as with the government. We plan to meet with representatives of the Ministry of Agriculture of Azerbaijan, where these issues will be discussed,” said Satar.
According to the State Statistics Committee, the bilateral trade turnover by 1 October was at $ 46.92 million. At the same time the import of Canadian products accounted for $ 11.6 million, and the rest was export from Azerbaijan. --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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