Bilateral talks start between Azerbaijan and Russia on mutual recognition of customs control in respect of fruit and vegetables. Yesterday this order (http://government.ru/media/files/5ZzXsvfRToejuulpTjRjojriGTpm79Ai.pdf) was signed by the Russian Prime Minister Dmitry Medvedev.
In the case of unification of customs procedures between the two countries businessmen's transaction costs will be reduced by half, which will reduce the final cost of goods. It is an export of live trees, plants, flowers, herbs, fruits, vegetables, nuts, processed products and various foods. This means that if the local customs pass a shipment, the Russian side will not examine it in the case of advance transmission of information and provision of documents drawn up in accordance with the requirements of the protocol.
Russian experts believe that the Azerbaijani products are cheaper than their Russian analogues and our country could become an additional source of food for the Russians. --17D-
Economics
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Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
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The Italian government has extended the deadline for applications in the international tender for the sale of several strategic assets until February 14, confirming that a bidder from Azerbaijan remains among the frontrunners.
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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