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Media Review November 22, 2018
Investments in Azerbaijan, the situation in the automotive market, and tax changes in relation to small and medium-sized businesses are the leading topics of today's media.
The newspaper Azerbaijan writes about favorable conditions for investing in the country. The author talks about ongoing reforms, the creation of industrial parks, and improving business conditions. Further, the author pays particular attention to industrial parks, their data and the number of jobs that they have provided.
The website Modern.az writes about the situation in the automotive market due to the increase in customs duties on imported cars from next year. The situation is commented on by the economist Rashad Hasanov. He believes that changes are coming in the structure of the country's car park, as the delivery of cars with a large engine volume will decrease.
In total, the import of cars, compared with the years 2013-14, has decreased significantly. The expert suggests that interest in the production of cars within the country may increase. He recalls the opening of a new car factory with a production capacity of 10 thousand cars per year in 2017.
The website Moderator.az writes about the upcoming tax changes in favor of small and medium businesses, exempting them from certain types of taxes. The changes to the Tax Code are commented on by the expert Rovshan Agayev. Innovations will be the intention to create a cluster of small and medium businesses, but so far it is not known what criteria are needed for this. It is known that members of these clusters will be exempt from profit tax for seven years. The expert also considers it necessary to have a business ombudsman.
Social
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An online meeting of civil society activists focused on the human rights situation in Azerbaijan, convened on the initiative of the Justice Solidarity Committee, highlighted significant concerns over the detention of journalists, political activists, and opponents of the war. The gathering, held on August 30, coincided with the International Day of Remembrance of the Missing and underscored the ongoing challenges facing both Azerbaijani and Armenian societies in the wake of the Karabakh conflicts.
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No precipitation is expected in Baku and on the Absheron Peninsula; the northwestern wind will change to a southeastern wind during the day. Air temperatures will range from 21-26°C at night and 33-38°C during the day, according to the National Hydrometeorology Service of the Ministry of Ecology.
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A fire has erupted at the Experimental and Testing Production of the Scientific Research Institute of SOCAR (the state oil company) in the Surakhani district of Baku, the Ministry of Emergency Situations reported. "Thanks to the urgent and necessary measures taken by the Ministry of Emergency Situations, the spread of the fire to neighboring areas, including nearby residential buildings, has been prevented," the statement reads. Efforts to extinguish the fire are still ongoing.
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In September, the average monthly air temperature in Azerbaijan is expected to be close to the climatic norm. Precipitation levels will also be near the norm, but in some areas, they will exceed it, according to the September forecast from the National Hydrometeorological Service.
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