The organization responsible for the Transport Corridor Europe-Caucasus-Asia (TRACECA) decided on the new General Secretary. It is the representative of Romania, Mircea Ciopraga, whose candidacy was put forward by Turkey.
TRACECA National Secretary is Akif Mustafayev from Azerbaijan. It became known on January 29 at the XI session of the intergovernmental commission of the international structure. According to Mustafayev, Ciopraga will hold that office for two consecutive terms - during the presidency of Turkey and Ukraine. Usually this means chairmanship for at least 3-4 years.
"Ciopraga has extensive experience in business and government activities, and in parliamentary work," said Mustafayev. The election was held on a competitive basis - originally there were 5 candidates. --17D-
Economics
-
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.
-
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.
-
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.
-
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.
Leave a review