The Cabinet of Ministers of the Republic of Azerbaijan has amended the “Commodity Nomenclature of Foreign Economic Activity and the System of Customs Duties,” approved by the decision of November 17, 2017. According to the new decision, a significant portion of imports of palm and coconut (coconut nut) oils, their fractions and derivatives will be exempt from customs duties until 2030. The exemption of palm and coconut oil impor...

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