BAKU/10.12.13/TURAN : In accordance with the volume of services rendered to customers the company "Brokdil-Az" in November 2013 picked up the lead in the ranking of brokers market for government and corporate securities (excluding repo operations ) . This month she brokerage services in the amount of 56.46 million manat. The second place went company "Chelsi Kapital", with the sum of transactions in 32.84 million, third place went up "Pasha Kapital" brokers with brokerage services to 31.4 million manat.
Number of brokers operating in the market in November compared with the previous month remained unchanged. - 15D -
Economics
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According to the State Customs Committee, in the first eleven months of this year, Azerbaijan transported 6.96 million tons of cargo by rail, worth $3.01 billion. This represents a 4% decrease in volume and a 10.1% decline in value compared to the same period in 2023.
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The Cabinet of Ministers of Azerbaijan has approved a set of regulations to govern the approval of agreements under the country’s competition law, aimed at fostering compliance with legal frameworks and enhancing market transparency.
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Azerbaijan's ambitious program to restore territories liberated from Armenian occupation has attracted attention due to the extensive use of single-source procurement methods, raising concerns about transparency and corruption.
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Azerbaijan recorded a 2% increase in wheat imports from January to November 2024 compared to the same period in 2023, underscoring its continued reliance on external sources to meet domestic demand. This growth comes amid a significant decline in domestic wheat production, which decreased by 148,100 tons in 2024, further intensifying the need for imported supplies.
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