During 10 months, 2013 SOCAR has paid 1,324,068,000 AZN to the state budget, up 14.2% against the same period in 2012.
SOCAR press office reported that in October 2013 the company transferred 138,976,000 AZN to the state budget.
During 10 months, 2013 SOCAR’s payments to the State Social Security Fund for the mandatory social insurance totaled 133,490,000 AZN, up 1.5% against the same period last year.
In October 2013 the company’s payments to the Fund totaled 13,378,000 AZN.
During 2013 SOCAR plans to transfer 1,490,400,000 AZN of taxes to the state budget.
In 2012 SOCAR transferred 1,335,235,000 AZN of taxes to the state budget of Azerbaijan.—0—
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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