![Huawei to Help Azerbaijan](https://turan.az/resized/./turan-750-500-resize.webp)
The Ministry of Communications and High Technologies of Azerbaijan will attract the company Huawei (PRC) to the establishment of broadband Internet in Azerbaijan.
Yesterday this issue was raised during the meeting of the Acting Minister Ramin Guluzadeh with CEO Liu Jianwey.
The project Development of Multimedia Services became possible after the Ministry of Communications got 13.7 million EUR from Amsterdam Trade Bank in April this year. According to the idea, the money will provide high-quality broadband Internet in the cities of Sumgait and Ganja, as well as in the Absheron, Zagatala, Shamkir, Khachmaz, Goygol, Agdam, Barda and Terter regions.
This means the installation and commissioning of facilities for 64,000 dial numbers. Besides these areas, facilities for 98,000 ports will be installed and put into operation in 47 cities and districts. --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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