Individual hunting farms subject to licensing
Creating individual hunting farms in Azerbaijan is subject to licensing. The corresponding order was signed by the head of state.
According to the document, stamp duty for a license for this activity will be 1.1 thousand manat. Licenses will be issued by the Ministry of Ecology and Natural Resources.
According to the decree, the Cabinet of Ministers within two months is to approve additional conditions for issuing licenses for the creation of individual game farms.
Today, the country operates 60 game farms. In 2008 there were 39. The country has introduced a temporary ban on hunting wild game in connection with avian influenza. --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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