Baku / 03.10.17 / Turan: The share of the European Union countries in the trade turnover of Azerbaijan is 35%, Economy Minister Shahin Mustafayev said at a meeting with the newly appointed head of the EU representation in Azerbaijan Kestutis Jankauskas, the ministry said.
The Minister noted that over the past 10 years, the share of EU countries in the total volume of investments in the fixed capital of Azerbaijan was 46%, and their share in direct investments in the non-oil sector was 35%.
The Minister stressed that until now the EU has provided technical assistance to Azerbaijan in the amount of 582 million EUR.
In turn, Jankauskas said active work is currently underway on the agreement between the EU and Azerbaijan.
He noted that Azerbaijan and the EU fruitfully cooperate in the energy sector. "Among the priorities is the non-oil sector. Due to the rich tourist potential of Azerbaijan, more tourists from Europe can be attracted to the country," he said. 71D
Economics
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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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