The following week, on May 27 Athens will host a joint meeting of the Azerbaijani-Greek intergovernmental commission on cooperation in economic, technological and industrial fields.
The Azerbaijani delegation will be headed by the Minister of Energy and Chairman of the Azerbaijani-Greek intergovernmental commission Natig Aliyev.
The meeting will discuss the prospects of bilateral relations in the fields of energy, health, agriculture, tourism, transport, communications and information technologies, science and education, culture and sports.
There will also be an exchange of views on cooperation in the framework of the European Neighborhood Policy and the BSEC. Following the meeting, the Protocol will be signed by the joint intergovernmental commission on cooperation in the field of economy, industry and technology.
Recall that the third session of the commission was held in Baku on February 2, 2011. -12D--
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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