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Azerbaijan Set to Increase Number of Countries for Introduction of MTF STEFI Money Orders

ICT Materials 2 May 2007 14:44 (UTC +04:00)

Azerbaijan, Baku / corr. Trend S.Babayeva / The Ministry of Communication

From the technical point of view at present Azerbaijan is all set to apply the postal operations with countries of Middle Asia, with which negotiations have been held since last year. The initial agreement between the parties has already been reached. "As soon as the postal administrations of these countries are technically ready, the system will be applied. The issue of applying these services with Estonia is on the agenda but no definite results have been achieved yet," the same source stated.

Azerbaijan is hoping to consider all the possible ways of co-operation with Estonia and the Middle Asia.

Azerbaijan transfers electronic money orders through the MTF/STEFI system with Russia, Moldova, Bellorussia, Ukraine, Kazakhstan and the United Arab Emirates. In addition, Japan and France are appealing for Azerbaijan from this point of view.

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