A presentation on "Business climate and investment opportunities in Azerbaijan" took place in the framework of the 25th annual meeting of the European Bank for Reconstruction and Development in London on May 11.
As Turan was told in the Ministry of Economy, a report was made by the Deputy Minister of Economy Sahil Babayev, who told the audience about the development priorities in the non-oil economy.
Also presented were Azerbaijan Investment Company, Sumgait Chemical and Industrial Park and Southern Gas Corridor JSC.
The special session of the EBRD's business opportunities in Azerbaijan was attended by the participants of the annual meeting of the bank and representatives of the state and private sectors in several countries.
Note that the annual meeting of the bank completes its work on 12 May. --- 08D
Economics
-
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.
-
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.
-
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.
-
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.
Leave a review