![Azerbaijan Freed from Having to Purchase Special Equipment Abroad](https://turan.az/resized/media/2012/main/080200006709-750-500-resize.webp)
Azerbaijan Freed from Having to Purchase Special Equipment Abroad
Azerbaijan in the near future will be freed from having to buy the utility, and other special equipment.
According to the memorandum signed between the Gyanja Automobile Plant and the Belarusian holding AMKODOR, in our country will be utilized co-production of road construction, snow removal, airport, forest, agricultural and municipal machinery and equipment.
The contract for the manufacture of equipment will be signed after consideration of all technical issues, and the production will begin later this year. The local factory is charged with maintenance, as it has service centers in all economic regions of the country.
From the Azerbaijani side the document was signed by the Director General of the production association Gyanja Automobile Plant Kamran Nazarov, and from the Belarusian side – by the director of the factory Dormash Nikolai Kostenev.
The Azerbaijani and Belarusian cooperation of motorists started in late November 2006, when Belarus signed a contract on the construction and sale in Azerbaijan of trucks and tractors of the Minsk automobile and tractor plants.
Production facilities allow the local plant collecting about a thousand trucks and two thousand tractors a year. It produces the Belarus and MAZ models now.
The holding AMKODOR produces more than 80 models and modifications of machines. -17D-
Economics
-
Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
-
S&P Global Ratings has revised its risk assessment of Azerbaijan’s banking sector, upgrading the outlook from "stable" to "positive."
-
In recent days, there have been claims that bread prices in Azerbaijan have risen. Social media users report that the price of bread has increased by 5-10 qepiks. According to consumer complaints, it is difficult to find weight information on factory-produced bread, commonly known as "zavod çörəyi" in Azerbaijan. In many cases, bread packaging does not include weight details. Similarly, bread sold at smaller bakeries and tandir houses often lacks information apart from the price.
-
A trilateral meeting of the foreign ministers, transport ministers, energy ministers, and heads of customs services of Russia, Iran, and Azerbaijan is set to take place soon to discuss the progress of the Rasht-Astara railway project, a key element of the International North-South Transport Corridor (INSTC). This was announced by Iran’s Ambassador to Russia, Kazem Jalali.
Leave a review