Sixteen Tons of Milk-Pro Goods Detained in Moscow
Export dairy products from the Azerbaijani company Milk-Pro was not approved by the Rosselkhoznadzor (Agriculture Control) Administration for Moscow and the Moscow and Tula regions.
The temporary storage warehouses of the company Food Logistics suspended the registration of 16.06 tons of dairy products (cheese, cottage cheese, sour cream, butter, yoghurt, ayran and laban), received in the capital region, accompanied by a veterinary certificate №000025 dated 12 October 2016," the website of the supervisory authority said. Rosselkhoznadzor did not permit its import into the Russian Federation. There was no information on the exporting country and the Azerbaijani veterinary marking. In addition, the date of production indicated in the veterinary certificate did not correspond to the actual date of production indicated on the product, and the butter packing labels were not in Russian. --17D-
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