On March 31, tariffs for freight transportation via Baku-Turkmenbashi-Baku reduced by 20%.
According to the information on the site of CJSC Azerbaijan Caspian Shipping Company, it will strengthen the competitiveness, increasing the efficiency of transit transport corridors through the territory of the country, which will attract additional cargo in a flexible and transparent tariff policy.
According to official information, the freight rate to one end of the route of a standard truck-trailer 16.5 meters long today is $ 1,072. In the case of advance ticket purchase round-trip fare will be $ 1,716 (it was $ 2,144) based on the ticket for the driver.
It is noted that the tariff for the transportation of wheeled vehicles longer than 16.5 meters or less will be calculated in proportion to its length.
Recall, at the end of last year by fifth were reduced tariffs for the transportation of cars on the route Baku-Aktau-Baku - to $ 1.2 thousand; for a standard truck-trailer 16.5 m in the same direction, back and forth - $ 2.1 thousand. --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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