In 2012, 89,652 cars were imported in Azerbaijan. This is by 38% more than the year before, told Turan in the State Customs Committee (SCC.)
The total cost of the cars imported to the country was estimated at customs in $760 million, by 17.6% less than in 2011. In 2011, the declared value of a car was $7154, but in the past it was $ 8478.
The volume of cars imported to the country in 2012 totaled 101,255 cars ($ 1 119.5 million.) Of them 1038 ($ 49.8 million) were buses, special vehicles - 1132 ($ 96.2 million), and trucks - 9433 ($ 213.3 million). Compared with 2011 delivery of buses and trucks increased by 58.4% and 52.7%.
In 2011 the number of cars imported to Azerbaijan totaled 64 920, in 2010 year - f 51,816 cars ( by 18.3% less than in 2009.)
According to the State Statistics Committee, in 2012 618 (4.6%) tractors were collected in Azerbaijan, cars - 542 (-2.5%), trucks - 161 (- 77.9%).--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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