Baku business center will be on November 28 another place of business meetings of Azerbaijani and Latvian businessmen.
The Fund Export Promotion and Investment in Azerbaijan (AZPROMO) told Turan that the business forum will be attended by representatives of Latvian companies offering partnership Azerbaijani counterparts in finance, construction, food industry, agriculture, engineering, transport and logistics, tourism, pharmaceuticals, metal, plastic and glass packaging, etc.
The last time a business forum on the official level was held in Riga in January 2011 during the visit of President Ilham Aliyev to Latvia. In Baku in June of the same year was held Azerbaijani-Latvian business forum on the "green" economy, on the problems of restoring the environment. - 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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