FCUA to Protect Interests of Road Users
On the roads in Azerbaijan there is chaos, leading to countless road accidents and casualties. Public resistance to lawlessness on the roads and public transport is completely absent, which leads to the fact that not coping powers and duties of supervising government agencies turn a blind eye to the problem. This was stated at today's press conference, representatives of the public.
Chairman of the Union of Free Consumers of Azerbaijan (UFCA) Ayyub Huseynov said that the incoming parliament in 5 years ago, the draft law "On mandatory insurance of passengers" was removed from the agenda, and important for consumers and society as a whole document still does not care deputies.
Huseynov said that every day on the roads of Azerbaijan 3.5 people are killed, maimed 9 people. Transport companies dump the blame for these accidents to drivers. To resolve the traffic problems at UFCA a commission for the protection of consumer rights of road users.
The main activities of the commission will educate pedestrians and drivers, traffic safety monitoring, and preparation of proposals for the improvement of traffic management, said commission chairman Lidiya Mirzoyeva. - 08C-
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- Economics
- 28 June 2013 17:11
Economics
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Azerbaijan’s economy, which is heavily dependent on oil revenues, faces a stark warning in the 2021 report by Carbon Tracker titled “Beyond the Oil States: The Urgent Need to Reduce Dependence on Oil in the Context of the Energy Transition.” The report ranks Azerbaijan among the most vulnerable oil-dependent countries, placing it in the "5th group" — a category reserved for nations expected to experience a decline in oil and gas revenues exceeding 40% over the next decade. This group includes Angola, Bahrain, Timor-Leste, Equatorial Guinea, Oman, and South Sudan, highlighting shared economic risks for these states.
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Azerbaijan's non-oil and gas exports rose 3.5% year-on-year to $2.8 billion during the first ten months of 2024, the Center for Analysis of Economic Reforms and Communication (CAERC) reported in its November "Export Review."
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Azerbaijan Railways CJSC (ADY) will modify the schedules for commuter and domestic trains in line with the Cabinet of Ministers' decision to adjust work and rest days in November, aiming to ensure safe and comfortable travel during the COP29 event, the company announced.
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In Azerbaijan, the government has increasingly relied on tax exemptions for imported goods as a tool to stabilize domestic market prices. The exemption from the 18% VAT on wheat imports, extended this year, exemplifies this approach. New measures have also been introduced, including tax relief on imports of electric vehicle chargers, while exemptions for high-cost medications are currently under discussion. Notably, defense imports continue to be free from taxes and customs duties.
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