More than 14,000 transport means were imported to Azerbaijan in January and February of this year in Azerbaijan. In February import dropped by 2.4% compared with the previous month.
According to the State Customs Committee, in February 6962 transport means were delivered to the country; in January - 7130.
The import of cars totaled 91.2% or 12,856. The SCC in contrast to last year, does not disclose data on second hand cars. Since the summer of 2012 the used cars must meet minimum environmental standards Euro-3.
In January this year, 209 buses, 894 trucks and 132 special equipment were brought to the country.
In 2012, imports of cars in Azerbaijan rose by 38% and totaled 89,652 units.
According to the SCC, total declared value of the transport means and spare parts delivered to the country was $115.6 million; by 13.7% less compared with the same period of last year. 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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