Over the first nine months of this year Azerbaijan imported 75.500 cars; this is 11.4% more than in the comparable period of 2012.
According to the State Customs Committee (SCC), during this period of the year, officials and dealers, as well as individuals on the country delivered 68,487 units of passenger cars, which is 16.3 % more than in the same period last year. In the structure of import certain proportion belongs to used cars, the number of which is not reported since 2012 by SCC.
This year imports of special equipment (tractors, excavators, bulldozers, cranes and other motor vehicles), buses and trucks decreased. Since the beginning of the year were imported 689 units ( minus 157) , buses and vans - 665 ( minus 187 ), and 5661 trucks (minus 1527.) - 08D-
Economics
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On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
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Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
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Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
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Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
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