In Baku, revealed fake electric cables and wires
Employees of the State Service for Antimonopoly Policy and Consumer Protection found in the village of Baku Pick up shop counterfeit electrical cables and wires. Turan was told in the press service of the Ministry of Economic Development.
A natural person Vagif Guliyev Manaf produced in the workshop electric cables and wires under the brands Yurd kablo "and" Onur kablo ", which were presented to consumers as the production of" Ozguven kablo, sanayi ve ticaret LTD "(Turkey).
For violation of antitrust policy instituted administrative proceedings. According to the law the offender will be fined and the withdrawal from sale of fake products. 08D
Economics
-
Azerbaijan's financial standing continues to strengthen as the country's foreign currency reserves have surged to $71 billion as of January 1, 2025, according to the Ministry of Finance. This figure, which includes reserves held by the State Oil Fund of Azerbaijan (SOFAZ) and the Central Bank of Azerbaijan (CBA), far exceeds the nation's external debt, which stands at a fraction of its reserves, specifically nearly 14 times less. This robust reserve position reflects Azerbaijan's fiscal stability and the government’s strategic economic management.
-
According to operational data from the Ministry of Energy of Azerbaijan, in January 2025, the country produced 2.3 million tons of oil, including condensate, and 3.9 billion cubic meters of gas.
-
The State Oil Company of Azerbaijan (SOCAR) has opened a representative office in Albania and is set to launch a specific project this year, the Albanian company "Albgaz" announced.
-
"Azerbaijan is currently among 54 middle-income countries," said Shahmar Movsumov, head of the Economic Affairs and Innovative Development Policy Department of the Presidential Administration, during the presentation of the World Bank’s World Development Report 2024 in Baku on February 10.
Leave a review