The State Supervision Service on Precious Metals and Stones at the Ministry of Finance of Azerbaijan has suddenly become concerned about the massive absence of state samples on precious stones and metals intended for sale.
Its leadership has warned the manufacturers and suppliers of precious stones about liability in accordance with Clause 10.3 of the Law On Precious Metals and Stones. According to the document, local and imported jewelry and other products intended for sale must undergo an analysis, examination, testing and branding in the said service of the Ministry of Finance.
Recall, Articles 19 and 20 of the same law provide for the liability of violators under the Criminal Code and the Code of Administrative Violations of Azerbaijan. --17D-
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
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