Entrepreneurs have been permitted to sell excisable goods without a license. This was made possible thanks to the amendments to the "Rules for the regulation of the Republic of Azerbaijan of goods subject to marking with excise stamps."
On the eve the corresponding decree was signed by the President of the country. According to the document, there shall be canceled subparagraph 3.1.1., in which it was stated that "export outside the industrial building of products to be labeled, and their import or release from the warehouses is permitted if the manufacture, importation or sale of these goods is conducted by the taxpayers who have a license for this."
This is not the first relief of the kind this year. So, on 14 October Milli Majlis amended the rules for the sale of goods subject to marking with excise stamps which reflected permit for cash retail of tobacco and beer in small amounts. --17D-
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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