BAKU / 19.09.16 / TURAN: The maintaining of a single register of licenses and permissions has been assigned to the Ministry of Economy of Azerbaijan. Previously, these functions belonged to other related ministries; so licenses for carting and transporting cargo were given by the Ministry of Transport, licenses for mail and communication services were issued by the Ministry of Communications, and so on.
The Cabinet decided in the Rules of the Register of Licenses and Permits that any legal or physical person can receive an extract from the register free of charge.
Judging by the text of the document that has come into force, the Ministry shall respond to requests for data from the registry within five workdays. --17D-
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
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