![Press Review 05/31/2017](https://turan.az/resized/./turan-750-500-resize.webp)
The importance of holding an oil and gas exhibition in Azerbaijan, the threat to medium and small businesses, the likelihood of the closure of five more banks, and the reasons for the restructuring of the International Bank of Azerbaijan (IBA) are the leading topics of today's press.
The Azerbaijan writes about the regular oil and gas exhibition and its significance for Azerbaijan. The author goes into the history of the issue of holding this exhibition, noting that the beginning was laid by Heydar Aliyev. Today the exhibition opens at the 24th time and about 400 representatives from 30 countries will take part in it.
The Echo published an article titled Threat to Small and Medium Business in Azerbaijan.
Azerbaijan lacks foreign currency, and the economy cannot develop without cash in foreign currency, because the country is still import dependent. If this trend continues, then a serious threat will hang over small and medium-sized businesses. The market requires cash for circulation, especially the US currency.
The Novoye Vremya published an article on preparations for the closure of five more banks. Now only banks that have foreign capital are afloat and live at the expense of injections from outside and from state banks. All the others have to leave the market.
Five banks with capital problems are under special control, and they must solve this problem until the middle of the year. -0--
Social
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Variable cloudiness is expected in Baku and Apsheron peninsula on Sunday, 28 July.
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As part of the struggle against illegal migration in Baku city, operative actions were carried out at different addresses. The Interior Ministry reports that employees of the Department for Combating Illegal Migration identified and detained 34 foreigners without documents giving the right to reside and stay on the territory of Azerbaijan.
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On July 25, the Azerbaijani Ministry of Defense accused Armenia of "provoking" by deploying heavy weapons in Kalbajar and quadcopters in the Tovuz direction. The ministry also expressed dissatisfaction and concern over Armenia's military cooperation with Western countries.
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During the operation of the Main Drug Control Department of the Ministry of Internal Affairs, 5 members of an organized group engaged in drug trafficking were detained. All of them have previous convictions: Bahlul Ismayilov, Royal Aliyev, Khayal Aliyev, Samir Aghayev, and Ali Mammadli.
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