The Ministry of Transport defined authority, contracting for public use land in private and municipal property, as well as state-owned lands for the use and lease rights, subject to the construction of road infrastructure. Resolution of this with the number 83 took the Cabinet of Ministers on May 24.
Cabinet instructed the Ministry of Transport Tim same document to carry out preparatory work for the purchase of land for public use in compliance with the requirements of the Law of Azerbaijan Republic "On the purchase of land for public purposes" and to submit proposals to him about it.
Earlier, similar powers were received by the state-run Azersu and Meliorasiya ve Su Teserrufaty,according to their functions.
The Ministry of Transport does not always cope with the function of the payment of compensation for the expropriation of land for public use. For example, at present the Administrative Economic Court number 2 in Baku continuing litigation over non-payment of compensation by Baki Elvan Metal for alienation of public land used by them and demolished properties in the project to build a highway in the Buzovna settlement of Baku. 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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