Turkish trucks carrying goods which stuck on the Russian customs will go to the Central Asia through Azerbaijan, reported the Turkish edition of the Daily News. Baku has given permission to do so, said the Association of International Carriers. At the same time, the cost of transit through Azerbaijan, Turkmenistan and Kazakhstan will be reduced for trucks by 40%. The fee for the ferry from Baku across the Caspian Sea will be reduced by 20%.
After the tightening of Russian customs procedures on the border formed heavy-kilometer queues, driven goods in Russia and in the countries of Central Asia.
"Because of this will be used the Caspian route. If the ferry across the Caspian Sea start working at full load, then the cost of travel expenses for trucks will fall by 30%," said the head of the Association of Cetin Nuhoglu. -02D-
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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