From March 30 to April 10 Dubai hosted the World Telecommunication Development Conference , where they discussed prospects for development of the industry.
The conference was attended by representatives of 168 member countries of ITU, including the Azerbaijani delegation headed by Minister of Communications and High Technologies Ali Abbasov.
At the plenary session of the conference ITU Secretary-General Hamadoun I.Toure announced the decision on awarding the ITU Council representative of Azerbaijan Nuri Akhmedov Gold Medal and Certificate of MCT in recognition of his great contribution to the work of the International Telecommunication Union.
Note that the first citizen of Azerbaijan was awarded with this international award .
Nuri Akhmedov, the founder of Azeurotel, made ??a great contribution to the development of communications in Azerbaijan for many years was a sponsor of the Baku International Jazz Festival. -02B-
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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