On Saturday was opened the annual fair of honey, which will last for a month, according to the Ministry of Agriculture. According to Deputy Minister Seyfaddin Talibov, it is supposed to sell approximately 93 tons of delicious products, of which 21.7 tons are the reserves last year. Weather conditions affected the productivity : in 2015 were produced 250 tons, this year- 71.7 tons. There is a shortage among the participants - of 323 people who applied to the organizers, only 52 were allowed to sales. The Deputy Minister noted, in this regard stricter quality requirements. "At the fair have been installed cameras in order to prevent possible attempts to sell low-quality honey," he said. The quality of products also depends on output - the Ministry refused the "services" of bees-Métis and intends to develop on the basis of the scope of the Turkish media purebred nectar the productivity of which more. According to Talibov, 100 such bees were bought in Turkey, and next year there will be at least 1,000. --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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