From the beginning, the Ministry of Defense Industry (MOS) has made major repairs and improved the 27 unmanned aerial vehicles "Orbiter", located in the enjoyment of the Ministry of Defence, after which they are transferred to the customer. In addition, as stated by the Minister Yavar Djamalov at a government meeting dedicated to the socio-economic development in the first quarter of 2013, successfully tested five local unmanned machine type "Orbiter-2M". In addition, tested 30 BTR "Matador" and "Marauder", also descended from the conveyor local defense industry enterprises.
Overall, in the first quarter made defense products to 37.3 million manat, which exceeds the figure for the same period last year by 2.9 times. The share of defense products in the manufactured products was 84.2%. By the end of December, customers will be put defense products worth more than 450 million manat and everything is done in order to fulfill orders in full.
The Minister said that the upcoming May of this year in Istanbul exhibition IDEF-2013 Azerbaijan to participate products 130 names. It will be demonstrated for the first time 7.62 x 54-mm gun "Gyurza", 7.62 x 51-mm sniper rifle "Yalguzag", 7.62 x 54-mm assault gun type HP-7, 62, a patrol car "Gyurza" unmanned aerial vehicles " Aerostar "and" Orbiter "and other products.
"This exhibition also provides the achievement of agreements in various areas of military and technical cooperation and the implementation of new projects," said Jamalov.
The Minister said that for the first time in the history of Azerbaijan in September 2014 will be held in Baku International Defence Industry Exhibition ADEX-2014. - 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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