The problems encountered in the export of agricultural products from Azerbaijan to Russia have been solved completely. It is reported by the press service of the State Committee of Customs. The information said that after discussions between the Azerbaijani State Committee of Customs and the Federal Customs Service of Russia to eliminate the problems of farmers and entrepreneurs the issue was resolved completely. "Over the past three days (11-13 June), without interference or obstructions 39 wagons of tomatoes and 113 trucks with different agricultural products were sent from Azerbaijan to Russia." After reaching agreement between the parties, agricultural products of Azerbaijani origin are not returned or delayed at the border. --08D--
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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