Last year, in order to improve the information and communication services in the regions have been commissioned 41 ATS (automatic phone stations), and 56 post offices.
As the Minister of Economic Development Shahin Mustafayev, speaking at a conference in the fourth year of the "State Program on socio-economic development of the Republic of Azerbaijan in 2009-2013" in the country (for the first time in the CIS) telephones all settlements, 70% of the population is users of the Internet.
The minister said the launch into orbit of the first Azerbaijani satellite will provide the basis of new industries. Historic achievement is a significant contribution to the development of not only ICT, but also the economy as a whole. Announcement year 2013 information and communication technologies, of course, will give impetus to further expansion of the operations and accelerate the development of ICT, - he added. - 17D-
Economics
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Natural gas prices in Europe surged to their highest level since October 2023 on Friday, reflecting expectations of increased demand due to an impending cold spell in the region.
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U.S. President Donald Trump’s proposed energy and trade policies could lead to a prolonged decline in global oil and gas prices, potentially triggering economic instability in Azerbaijan from 2026 onward, unless significant structural reforms are implemented, economist Gubad Ibadoglu warned in a recent analysis.
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Azerbaijan has taken a step toward diversifying its agricultural sector by launching the country’s first commercial banana production, with local producer Fruitland introducing tropical fruits to the domestic market.
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Azerbaijan, Georgia, Turkey, and Bulgaria have agreed on the draft text of a memorandum of understanding in the field of green energy transmission, marking a significant step in the development of sustainable energy ties in the region. The document aims to expand energy exchange between the countries and establish a legal framework for the Green Energy Corridor project.
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