The Nakhchivan Automobile Plant (NAZ) continues to work normally and ordered in China around 500 Lifan passenger cars. This was reported by the plant’s local media director Musa Abdullayev.
He said that 270 units of machinery are ready and sent to Azerbaijan. From the words of the representative of NAZ it is clear that the local production of cars is not real. Furthermore, the plant gets almost finished cars.
According to the State Statistics Committee, in 2015 Azerbaijan carried out assembly of 728 passenger cars, which is 60.9% less than in 2014. In January-March NAZ was idle.
In a Cabinet meeting, President Ilham Aliyev called on government agencies to buy cars from the NAZ, calling them good-quality.
Until now the main buyer of the NAZ Lifan vehicles has been the Ministry of Labor and Social Protection, which distributes them free of charge to the preferential categories of people (disabled WWII and Karabakh war, liquidation of consequences of the Chernobyl nuclear power plant disaster, the 20 January tragedy, etc.). ----08D
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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