Azerbaijan is in the center of the tourist route across the Caspian Sea.
Yesterday the transport ministers of the Caspian states in Astrakhan agreed to establish a new tourist route in the Caspian Sea, according to Russian media, referring to the Astrakhan Region Governor Alexander Zhilkin. According to him, the route will cover all the countries in the basin. Scheduled for operation is also a cruise ship, which will be renovated to service tourists.
Creation of the Caspian tourism ring will serve the overall development of regular maritime traffic between the two countries and will lead to an increase in needs and in passenger traffic. "The desire to visit the Caspian Sea region to get acquainted with the local culture and for sightseeing is expressed today not only by the people in the neighboring countries, but also by the residents of the remote," said Zhilkin. --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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