In 2012, the State Customs Committee ensured payment of customs taxes and duties totaling 1,208.3 million manat. This is 0.69% more than projected in the state budget.
In December, the SCC collected 116.8 million manat. This is the highest figure for the past two years. A record collection of monthly revenues to the state budget (170.8 million manat) by the customs was made in December 2010.
In 2011, the contribution of the SCC to the state budget amounted to 1 billion 141 million manats. In 2013, the SCC will bring to the state budget 1,380 mln AZN. The increase in revenue is planned to come from the projected increase in imports. - 08D-
Economics
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The Turkish company Aksa Doğalgaz, part of Kazancı Holding, has announced the completion of the contractual process to purchase the gas distribution companies Bursagaz and Kayserigaz. These companies have been operating under SOCAR Türkiye Energy AS (STEAS) since 2019, according to Aksa Doğalgaz.
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Azerbaijan's Cabinet of Ministers has introduced new regulations establishing the minimum royalties for authors of state-commissioned films, aiming to promote creative works reflecting the country's national identity and cultural values.
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Tea imports to Azerbaijan have increased. According to the State Customs Committee, from January to November 2024, tea imports grew by 3.3% year-on-year to 12,893 tons in volume and by 4.5% in value, amounting to $67.715 million.
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Azerbaijan’s State Railways (ADY) reported a 28% year-on-year increase in transit cargo volumes through the North-South International Transport Corridor (NSTC) in 2024, reaching 814,000 tonnes. This growth underscores the country’s concerted efforts to unlock the strategic potential of the corridor, which connects Northern Europe and Russia to the Indian Ocean.
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