The sericulture breeding station located in the village Anbarkend of the Gakh region distributed silkworm seeds that have passed the incubation period to farmers from nine regions.
As Turan was told in the Ministry of Agriculture, high-quality seeds of cocoon were purchased in Iran and China.
The farmers were also provided information materials (brochures, memos and DVDs of silkworm diet).
Fresh cocoons will be procured by the JSC Sheki Silk Factory. To this end a preliminary agreement has been signed.
At the meeting of the Cabinet of Ministers dedicated to the results of the first quarter of 2016, President Ilham Aliyev instructed the government to engage in the provision of support to farmers in order to achieve the development of certain areas of agricultural production, including tobacco, cotton and silk growing. One of the purposes of these tasks is to provide employment in rural areas. ---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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