From the 1st to the 14th of December over 200 Turkish trucks were forwarded on the route Baku-Aktau. About 200 trucks are waiting for transportation in the Baku Sea Trade Port in Alat. They are moving from Turkey to Kazakhstan, Turan was told in CJSC Azerbaijan Caspian Shipping Company.
The press service of the shipping company noted that convey of trucks in transit across the Caspian Sea by ferry has become more complicated because of the bad weather, which prevents their unloading in the port of Aktau. "Aktau has only one berth, which is also not protected from high waves. The work is complicated also by technical problems arising on the berth."
According to the plan drawn up, ferries depart from Baku to Aktau twice a week (Wednesday and Friday). However, due to increasing demand, the number of ferries used has been increased and additional routes are arranged. ----08B
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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