The Nakhchivan Autonomous Republic (NAR AP) there was commissioned a local base of agricultural leasing services. The organization began to act as a base of Nakhchivan Agrolizing in Shahbuz.
According to the Chairman of the Supreme Majlis of Nakhchivan Autonomous Republic Vasif Talybov, in Shahbuz region at the disposal of 4,600 land owners has 4,900 hectares of land, 3,400 hectares of which are suitable for planting. The area set up proper conditions for the development of agriculture, ensured effective use of land. In the order of the owners entered office complex, a repair shop, warehouses for fertilizers and seeds, issued 12 pieces of equipment for various purposes.
"Created conditions will provide timely maintenance of equipment, available on the basis of the district, as well as sold to farmers on lease area of ??20 machines and mechanisms, to carry out sowing-to-date agronomic requirements, to ensure the harvest twice a year. This will create in the region of conditions for economic development and prosperity of the food," said the head of the exclave. - 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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