Azerbaijan intends to refuse the services of low-skilled foreign professionals. At yesterday's meeting of the government on the basis of the first half of 2015 the Minister of Labor and Social Protection of Population Salim Muslimov said they will tighten the rules for issuing permits for the activities of migrant workers.
From January to July, according to him, the State Migration Service received 935 requests for registration of labor migrants' rights. Although this figure is 11.8% more than in the same period last year, only 7% of these applications relate to highly qualified specialists.
"In accordance with the decree of 24 December 2014 on the formation of patenting in the labor market in order to attract highly qualified personnel, as well as the tightening of the rules permitting the unskilled, proposals have been developed to be submitted in the near future," said the minister. --17D-
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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