In 2014, Azerbaijan imported 63,368 vehicles, which is 39.3% (41,017) less than in 2013. It is expected that this year the import of vehicles will decrease at least a third.
Last year Azerbaijan tightened restrictions on emissions by motor vehicles into the air through the establishment of higher environmental standards (Euro-4). In addition, more stringent tariffs on day parking were introduced. And this year the government to increase budget revenues has applied higher rates of excise duties on imported cars.
According to the State Customs Committee, in 2014 Azerbaijan were imported 57,615 new and used cars. This is 37,367 (39.3%) less than the previous year.
Purchased abroad were buses - 345 (minus 482), trucks – 5,054 (minus 2,769) and motor vehicles of special purpose - 354 (minus 502). ----08DE
Economics
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Azerbaijan’s Information and Communication Technologies Agency (ICTA) held a meeting with representatives of internet service providers (ISPs) and telecom operators to address concerns over the accuracy of reported internet speeds and the country’s ranking in global broadband performance indices.
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Bulgaria considers Azerbaijan a key strategic partner in the energy sector, as the country plays a crucial role in diversifying gas supplies and strengthening regional energy security, Bulgaria’s newly appointed Energy Minister Jecho Stankov said during a meeting with an Azerbaijani delegation.
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Rovshan Najaf, president of Azerbaijan’s state oil company SOCAR, met with Majid Jafar, CEO of Crescent Petroleum, on February 6 to discuss potential avenues for collaboration in the energy sector. The meeting marked an important step in strengthening ties between the two companies, with both sides exchanging insights on their respective operations and assessing opportunities of mutual interest.
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Rovshan Najaf, president of the State Oil Company of Azerbaijan (SOCAR), met with Sašo Berger, chairman of Slovenian energy company Petrol dd, and Simon Urbanc, CEO of Geoplin doo, on February 6, underscoring growing cooperation in the natural gas sector between Azerbaijan and Slovenia.
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