AZN 412 million returned to Azerbaijani population as part of VAT refund mechanism

In Azerbaijan, as of 1 April 2023, a total of more than AZN 412 million have been returned to the population since the beginning of the application of the VAT Refund Mechanism.

New deputy chairman of AQTA appointed

Aziz Sharifov has been appointed deputy chairman of the Food Safety Agency of Azerbaijan (AQTA).

Growth observed on CPI for paid services this March

The consumer price index for paid services to the population made up 100.2% in March 2023 against February and 110.8% versus March 2022.

Expert: Tension between Azerbaijan and Iran creates obstacles to expanding trade turnover

Nikolay Mashkov, chairman of Moscow Chamber of Commerce & Industry’s commission on foreign economic cooperation with partners in Iran, said that Russia is interested in industrial cooperation with Iran.

Application of VAT to customs duties suspended

Last month, China's exports grew more than by 14%

China's exports unexpectedly increased in March.

The most dangerous sausages

In recent days, discussions have been held on social networks about the sale of sausages of unknown origin. Nutrition expert Aga Salamov also said in his statement that some businessmen make sausages from dead meat.

These products have gone up in price

Dairy products have risen in price in Ismayilli in recent days.

MP: Government develops a special project concerning drug prices

There was such information that the government is preparing a special project concerning drug prices. However, despite the fact that a lot of time has passed, there is still no information about this project. Because high drug prices are one of the serious problems.

Budget revenues from customs committee increased by 25%

State Budget revenues from the State Customs Committee for Jan-Mar 2023 amounted to AZN 1.5 bn (25.4% more versus Jan-Mar 2022).

Turnover of new generation cash registers in Azerbaijan has grown

The turnover of new-generation cash registers in Azerbaijan amounted to about AZN 5 bn for Jan-Mar 2023.

Karusel hypermarket chain has closed in Russia

The X5 Group retailer has shut down the operation of hypermarket chain Karusel

Veysəloglu's statement on price increase

The prices of products that are most often bought by customers of group of companies Veysəloglu increased by 14.5% this March compared with March 2022.

Samsung Electronics says why its profit may decrease

It is predicted that the profit of Samsung Electronics, the world's largest manufacturer of memory chips, will decline.

Azerbaijan’s banana imports fell more than by 19%

Azerbaijan imported 3,177 tons of bananas for $2.289 million for January 2023.

Germany tightens control over Apple

The Federal Antimonopoly Agency of Germany announced its intention to tighten control over Apple.

First store of Belarusian analogue IKEA to open in Russia soon

The first store of Belarusian brand Swed House, an analogue of IKEA, will open on 15 April at the Shchelkovsky shopping & entertainment center in Moscow

A new pawnshop created in Baku

A new pawnshop company has been established in Baku – Mixed Lombard LLC.

Zara restores stores in Russia under new name

AQTA warns food suppliers from China

The Azerbaijan Food Safety Agency (AQTA) has warned some companies supplying foods from China.

Operation in a popular pharmacy chain: a large number of unregistered drugs revealed

A large number of medicines that have not passed state registration have been revealed in the Depo pharmacy network.