Cost of local production has decreased in Azerbaijan

15:27 - 20.11.2023


November 20, Fineko/abc.az. Realization of new mechanisms of economic policy, experience of public-private partnership, as well as measures in the field of privatization is aimed at increasing private investment activity in the country.

ABC.AZ reports that Deputy Minister of Economy Elnur Aliyev stated about this during his speech at Forum "Customs-Business 2023" organized by the State Customs Committee.

This year, about 300 intermediate goods used in domestic production were exempted from customs import duties, which played an important role in reducing the cost of local production.