On December 20 in Baku there was presentation of the www.azexport.az website, a platform for the sale of goods of Azerbaijani origin in foreign and domestic markets.
Being integrated with the popular electronic trading platforms all.biz, alibaba.com, etc., Azexport.az makes Azerbaijani products accessible to buyers anywhere in the world, the report of the Managed Center for Analysis of Economic Reforms and Communication says.
To carry out this mission, the leading global and local transport and logistics companies have integrated into Azexport.az. The website provides fast and secure implementation of payment cards for VISA, Master Card and American Express.
Currently, the site contains information about products of more than 90 local companies.
The resource Azexport.az has been created according to the order of President Ilham Aliyev on September 21, 2016 "On creation of a unified database of goods produced in the Azerbaijan Republic". 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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