In 2014, Azerbaijan, where there is no domestic production, was delivered 77 425 pieces of household and laundry washing machines. Commodity unit has been issued at customs on average at $ 122.8, while last year in retail sales the minimum price of this product was about 500 manat (about $ 600).
According to the State Customs Committee, last year, imports of washing machines increased by 20.5%. Total imports in monetary terms amounted to $ 9 million 508.3 thousand (+ 25.4%).
In neighboring Georgia, where the population is two times less than in Azerbaijan, last year the volume of imports of washing machines exceeded $ 44 million, 4.6 times more than in our country. Over the past two years, imports of this product in Georgia increased by 36%. Even in Armenia, where the official poverty rate is 6 times the figure for Azerbaijan (5%), imports of washing machines in 2014 was $ 11 million 25.1 thousand. ----08B
Economics
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Azerbaijan’s Information and Communication Technologies Agency (ICTA) held a meeting with representatives of internet service providers (ISPs) and telecom operators to address concerns over the accuracy of reported internet speeds and the country’s ranking in global broadband performance indices.
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Bulgaria considers Azerbaijan a key strategic partner in the energy sector, as the country plays a crucial role in diversifying gas supplies and strengthening regional energy security, Bulgaria’s newly appointed Energy Minister Jecho Stankov said during a meeting with an Azerbaijani delegation.
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Rovshan Najaf, president of Azerbaijan’s state oil company SOCAR, met with Majid Jafar, CEO of Crescent Petroleum, on February 6 to discuss potential avenues for collaboration in the energy sector. The meeting marked an important step in strengthening ties between the two companies, with both sides exchanging insights on their respective operations and assessing opportunities of mutual interest.
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Rovshan Najaf, president of the State Oil Company of Azerbaijan (SOCAR), met with Sašo Berger, chairman of Slovenian energy company Petrol dd, and Simon Urbanc, CEO of Geoplin doo, on February 6, underscoring growing cooperation in the natural gas sector between Azerbaijan and Slovenia.
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