In January, the subjects of foreign economic relations transferred 103.6 million manat to the State Customs Committee, which is 119 thousand manat less than in the comparable period of 2015, the department told Turan.
Imports of goods decreased 23% in January compared to January 2015.
In December last year, customs officials collected 200.8 million manats of customs duties and taxes.
It is noteworthy that in the wake of the government’s declared fight against monopolies, the customs service said on simplification of customs procedures for importers. However, as soon as these measures were taken, entrepreneurs began to complain about the high level of fees. Some importers say that with the help of customs brokers, they paid less tax than it is now.
In 2016, the plan for customs taxes and duties is unchanged at 1 billion 590 million manats. ----08B
Economics
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Azerbaijan has dispatched its first rail cargo shipment from Baku to China, marking a significant milestone in its ambitions to become a critical hub along the Middle Corridor. The Azerbaijan Railways (ADY) confirmed on Sunday that the inaugural "Baku-Xi'an" export block train, comprising 62 40-foot containers, has begun its journey.
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Azerbaijan’s Cabinet of Ministers approved a detailed framework for the preparation of sector-specific strategic plans aimed at guiding the country’s economic development over the medium term.
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Azerbaijan’s ADY Express, a subsidiary of Azerbaijan Railways CJSC, signed several strategic agreements on the sidelines of the Logitrans Türkiye 2024 exhibition in Istanbul, Turkey, reinforcing its commitment to expanding freight transport services along the Middle Corridor.
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Azerbaijan plans to establish state-of-the-art battery storage facilities for green energy with a total capacity of 350 MW within the next 4-5 years, a well-informed source in the Ministry of Energy told Turan.
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