It creates new opportunities for young entrepreneurs
The Public Association Debate in Civil Society (DVC), Coca-Cola Company and the Ministry of Youth and Sport of Azerbaijan signed a memorandum of cooperation . Signed on February 18, the document suggests a joint development program
Parties presented the second phase of the Programme Youth Entrepreneurship (
"The future of any society depends on today's youth , so one of the main strategic objectives of Coca-Cola is to provide the ability to fully realize the potential of youth entrepreneurship in Azerbaijan. Coca-Cola will invest time , expertise and resources to help develop and maintain prosperous , sustainable communities, " said the manager of public relations and communications for the Caucasus and Central Asia, Coca-Cola Company Oleg Pilecki .
In addition , the event was a presentation of the first books on business incubation in the Azerbaijani language - Under the State Program "Azerbaijani youth in 2011-2015 " were created 4 business clubs in Baku, Sumgait, Ganja and Sheki, trained about 2,000 young people , created seven new youth business, and three young entrepreneurs were able to attract new investment. Youth Inc is a long-term youth program consisting of several stages. The first phase of the program began in January 2013. The program is aimed at teaching young people the business of the major cities of Azerbaijan and introduces new tools and support to young entrepreneurs . - 08D-
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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