Fifteen hundred kilometers of fishing nets were found and confiscated in the first half of 2014 from poachers in Azerbaijan.
As the head of the State Border Guard Service of the Republic of Azerbaijan Elchin Guliyev told the official media, from January to July were found not only networks, but also 293 thousand banned fishing hooks that could injure fish. All the "trophies", according to the instructions, were destroyed, he said.
According to the chief border guard, in the Azerbaijani sector of the Caspian Sea there are regular regime activities in identifying illegal hunting and the facts of damage to natural and biological resources and strengthening control of the border regime, and implementing appropriate measures in respect of shipping facilities used for illegal fishing. -17D-
Economics
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Azerbaijan is poised to increase wheat imports for the 2024-2025 season following a significant drop in domestic wheat production this year. According to data from the State Statistics Committee, the country harvested 1.68 million tons of wheat in 2024, marking an 8.1% decline from the previous year. This downturn in output, combined with rising import volumes in recent months, indicates that Azerbaijan may lean more heavily on foreign suppliers to meet its wheat needs.
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Azerbaijan Railways CJSC (ADY) has announced the restructuring of its container transportation management in an effort to enhance the efficiency of transit cargo transportation. As part of this reorganization, ADY Express will merge with ADY Container starting on November 1, 2024. The consolidation is aimed at expanding the range of services offered in both container and carriage transportation.
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Azerbaijan has introduced a legal framework enabling the electronic state registration of legal entities with foreign investments, regardless of whether their founders are individuals or legal entities, according to the State Tax Service. The announcement was made by Samira Musayeva, Deputy Head of the State Tax Service, during a meeting of the "Entering Business" Working Group.
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The World Bank aims to deepen its involvement in Azerbaijan's economic development through a new partnership framework program, according to discussions between Azerbaijani officials and World Bank representatives. The proposed framework, which will cover the years 2025-2029, is designed to support the country’s transition to an innovative and less resource-dependent economy.
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