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Export of products not produced in Azerbaijan is carried out under special control - Economy Minister [UPDATE]

13 April 2022 13:51 (UTC+04:00)
Export of products not produced in Azerbaijan is carried out under special control - Economy Minister [UPDATE]

By Trend

The export of products that are not produced in Azerbaijan and are highly dependent on our imports is carried out under a special control regime, Azerbaijani Economy Minister Mikayil Jabbarov said on April 12 at a meeting chaired by President Ilham Aliyev, dedicated to the results of the first quarter of this year, Trend reports.

"Mr. President, in accordance with your relevant instructions and relevant decisions of the government in this direction, we are working in conjunction with relevant agencies. This activity consists of three directions. First of all, there are permanent monitoring mechanisms. We monitor daily warehouse balances on food, flour, powdered sugar and a number of other products together with business entities and government agencies. The second direction is legislative regulation. A number of decisions have been made in this regard, most recently by the Cabinet of Ministers. We are currently implementing a regime that provides for this balance. In other words, the export of products that are not produced in Azerbaijan and are highly dependent on our imports is carried out under a special control regime. At the same time, in order not to reduce the export potential of businesses and not to lose export markets, we regulate the activities in the same way for the products manufactured in the country or capable of being manufactured, so that this activity can be carried out accordingly," he said.

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