BAKU / 06.08.2014 / TuranNatsionalnaya Confederation of Entrepreneurs of Azerbaijan (ASK) and the Chamber of Commerce of Iran agreed to establish a Joint Cooperation Council, said in a statement ASK.
The document was signed on Wednesday at a meeting of the President of ASK Mamed Musaeva and deputy chairman of the Chamber of Commerce of Iran Alakbarov Fariz in Baku. Iran has invited representatives of ASK in September and October this year to visit the regions of Iran. During the forthcoming visit between these organizations can be signed a cooperation agreement, the report says ASK.
ASK Confederation was founded in March 1999. Its members include more than 5 thousand. Companies and 50 different business associations. - 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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