The establishment of an Independent Institute for Taxpayers’ Rights Protection in Azerbaijan is the focus of an expert mission to the country’s capital Baku that started yesterday organised by the Technical Assistance and Information Exchange Instrument of the European Commission (TAIEX) in cooperation with the Taxes Ministry of Azerbaijan. During the mission, the EU experts will share with their Azerbaijani colleagues detailed information on the establishment and functioning of an independent institution conceived to promote and protect taxpayers’ rights, TAIEX said.
TAIEX is a demand-driven tool that supports partner countries with the approximation of national laws, regulations and quality standards to those of EU Member States in the framework of Cooperation or Association agreements signed with the EU. In the Eastern Neighbourhood, TAIEX works with Armenia, Azerbaijan, Belarus, Georgia, Moldova and Ukraine. -0-
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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