In order to increase cargo traffic, trucks and vehicles with trailers and semi-trailers registered abroad will be exempt from road tax for three years.
According to the presidential decree on amendments to the Tax Code, the preferential measure will be introduced from June 1.
The law is applied, if the freight is unloaded at the last railway station on the territory of Azerbaijan to trucks or vehicles with trailers or semi-trailers registered abroad and head to another state via the nearest customs border checkpoint, and if the goods are imported into the the first railway station on the territory of Azerbaijan by trucks and vehicles with trailers and semi-trailers registered abroad through the nearest border checkpoint. --17D-
Economics
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The volume of cargo transported along the Trans-Caspian International Transport Route (TITR) surged by 62% in 2024, reaching 4.5 million tonnes, Kazakhstan’s Prime Minister Olzhas Bektenov said during talks with his Georgian counterpart Irakli Kobakhidze on Wednesday, according to the Kazakh government’s press service.
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Azerbaijan’s Small and Medium Business Development Agency (KOBİA) held a Supervisory Board meeting on Monday, chaired by Economy Minister Mikayil Jabbarov, to review the agency’s 2024 performance and set priorities for 2025.
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In January 2025, the average price of the consumer basket (CB) compiled by the Turan agency in Baku, which includes 30 types of essential domestically produced food products, increased by 0.3%.
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Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
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