Deputy Foreign Minister Khalaf Khalafov received a Japanese delegation yesterday. Takeshi Hikihara, Special Minister of the Caucasus, Central Asia and Guam, led the group.
Hikihara called Azerbaijan an important country in the region and a strategic state for Japan.
Referring to the February 7 launch of the first Azerbaijani satellite, the Japanese diplomat said that his country has a great experience in this matter and is ready to share it with Azerbaijan.
Khalafov noted the ongoing political dialogue between the two countries and welcomed cooperation in all areas, including the fields of education and culture. Referring to economic cooperation, Khalafov mentioned the important role of Japanese companies operating in Azerbaijan, and the significance of Japanese experience in the field of communication technology. He also discussed the expansion of inter-parliamentary cooperation between the two countries. -04D-
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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