The trend of reduction in imports of motor vehicles continued in January. Compared with the same month of 2014, the number of imported cars fell by 36.9%, the report by the State Customs Committee says.
In this case, due to the I European Games to be held in June, the state's share in the supply of buses and cars is growing. Only for the needs of the police more than 700 cars have been purchased in Europe.
In January, 4,090 vehicles were delivered to Azerbaijan. It is 2,387 units less than in January 2014 and 3,039 units less than in January 2013. It is expected that this year the purchase of vehicles abroad will decrease more rapidly as the excise rates on them have increased this year. Experts also note the reduction of operations in the secondary market vehicles.
Note that in January the import of 3,870 cars was declared. This is 34.7% (2 055) less than in January last year.
Also purchased abroad were buses - 66 (+51), trucks - 146 (-366) and motor vehicles of special purpose - 8 (-17).
In 2014 Azerbaijan imported 63,368 vehicles, which is 39.3% (41,017) less than in 2013.---08D
Economics
-
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.
-
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.
-
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.
-
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.
Leave a review