According to the decision of the Cabinet of Ministers of Azerbaijan, on the export of skins customs duties are introduced for a period of 5 years.
Changes to the previous version of the document "About rates of custom duties on export-import transactions", which will take effect from November 7 provide for a fee of $ 150 to $ 500 per ton of raw, fresh and salted hides of both large and small ruminants.
According to the State Customs Committee, in January-August, the country exported skins worth $ 357,040. Unfortunately, the Committee did not provide information on pricing, but directly in the places of slaughter 1 kg lamb and calf skins are worth 10 kopecks. Daily only in Baku 500 tons of meat (beef and lamb equally) is sold, and 70 tons of skins are sold for treatment. On Novruz, Ramadan and Gurban holidays much more is sold. Note that 80% of skins are sold cheaply for export, mainly to Turkey, Afghanistan and Pakistan. --17D-
Economics
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The Turkish company Aksa Doğalgaz, part of Kazancı Holding, has announced the completion of the contractual process to purchase the gas distribution companies Bursagaz and Kayserigaz. These companies have been operating under SOCAR Türkiye Energy AS (STEAS) since 2019, according to Aksa Doğalgaz.
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Azerbaijan's Cabinet of Ministers has introduced new regulations establishing the minimum royalties for authors of state-commissioned films, aiming to promote creative works reflecting the country's national identity and cultural values.
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Tea imports to Azerbaijan have increased. According to the State Customs Committee, from January to November 2024, tea imports grew by 3.3% year-on-year to 12,893 tons in volume and by 4.5% in value, amounting to $67.715 million.
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Azerbaijan’s State Railways (ADY) reported a 28% year-on-year increase in transit cargo volumes through the North-South International Transport Corridor (NSTC) in 2024, reaching 814,000 tonnes. This growth underscores the country’s concerted efforts to unlock the strategic potential of the corridor, which connects Northern Europe and Russia to the Indian Ocean.
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