In the first quarter of this year Minsk Tractor Works sent to Azerbaijan 272 wheeled tractors, which are sold here at approximately two-fold the factory prices.
According to the National Statistics Committee of Belarus, the total amount of purchases of tractors from Azerbaijan totaled $ 5 million 50.1 thousand, or $ 18,567 per unit technology. The Azerbaijan Customs in January-March this year passed 266 tractors Belarus, which had been registered for $ 21,863 per unit. State JSC Agroleasing offers (http://agrolizing.gov.az/upload/t.texnika.pdf) this machinery to farmers for 35,700 manats. Note that according to the decisions of the government, at the purchase of equipment on leasing, farmers have to pay a deposit of 20% of its value. Further, 40% of the initial value of agricultural machinery is paid by the state and the famer for several years pays to JSC Agroleasing.
In 2013, Azerbaijan purchased in Belarus 1,168 wheel tractors worth $ 24 million 247.4 thousand. In 2014 it purchased 1,028 ($ 27 235.7 thousand).
The procurement of Belarusian tractor is arranged by Ganja Automobile Plant, where their assembly is carried out. Next Ganja Plant transmits the machinery to Agroleasing JSC for sale to farmers on leasing. 08B
Economics
-
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.
-
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.
-
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.
-
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.
Leave a review