Today in Baku Exhibition Center opened the 15th Azerbaijan International Tourism and Travel Fair (AITF) 2016.
The exhibition is attended by 330 companies from 29 countries of the world, in general, representing 80 tourism destinations.
For the first time with the national stands presented Belarus and Ukraine. Selected regional stands belong to Stavropol (Russia), Catalonia (Spain) and Jurmala (Latvia). Newcomers this year are up 33% from the total number of participants.
The number of participants representing the direction of "medical and health tourism" has significantly increased This year, the latest achievements in the field of medical and health and SPA tourism are represented by 32 companies, medical centers, health resorts and sanatoriums of Azerbaijan, Belarus, Georgia, Italy, Latvia, Croatia, Czech Republic, Russia, Turkey, Ukraine and other countries.
In the sector of Property Abroad' there are a few companies that offer property in Spain, Turkey, Dubai, Montenegro and Bulgaria.
The internal tourism potential of Azerbaijan will be presented by the stand of the Ministry of Culture and Tourism. A wide range of proposals for tourism in Azerbaijan and abroad reflect the exposure of the Azerbaijan Tourism Association (AZTA), which gathered at the booth more than 20 travel agencies, hotels, resorts.
The separate stand at Formula1 Baku European Grand Prix provides all the information about the program of the competition, about where and how to purchase tickets for this long-awaited event - the Grand Prix racing in Europe in the class Formula-1 (F1), to be held in Baku in June, 2016.
On the closing day (9 April), the exhibition will be open to all visitors. -----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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