The rapprochement of Russia and Turkey is not only economic and it is formed on the basis of anti-Western sentiment, the Executive Secretary of the movement Republican Alternative (REAL) Natig Jafarli said.
On his profile in Facebook Jafarli touched the Turkish Stream project signed between Russia and Turkey.
"An investment fund of 1 billion USD has been created. The two countries have decided to increase the trade volume 5 times. There is a serious rapprochement between Russia and Turkey. Unresolved between the two countries is the only issue of Bashar Assad. If they agree on this issue, no differences will remain between them. Historically, the Russian-Turkish rapprochement harmed Azerbaijan," wrote Jafarli. ----71D
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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