Azerbaijan Can Miss Chance to Hold Fifth Round of Talks with WTO in March

Azerbaijan, Baku, 15 January/corr. Trend I. Khalilova/ The fifth round of talks between the Azerbaijani government and working group of the World Trade Organization may be held within the first half of March if the proposals on customs tariffs are forwarded to the WTO Secretariat in a month.

These proposals were sent back to the State Customs Committee after they had been viewed by the State Commission in preparation for the country to enter WTO. In addition to the updated variant of bound tariffs, State Customs Committee must submit to the WTO member states a document on the calculation of the average weighted rates of customs tariffs. WTO recommended Azerbaijan to develop an ad valorequivalent of the specific custom dues, but for the calculation of the average rate, its mechanism should be submitted first.

The specific custom tariffs are applied to excise goods such as alcohol and tobacco goods and automobiles. For ad valorcustom tariffs to be applied to all goods imported to Azerbaijan it is important to apply the same equivalent with respect to the specific goods. This issue has not been solved for several years, but at the current stage of the talks the solution of the problem cannot be avoided.

Bilateral talks that were expected to be held with USA, EU, South Korea, Japan and the Chinese province of Taiwan at the end of last year are delayed due to these proposals, namely the maximum limit of custom tariffs for the entrance to the Azerbaijani market.

The Azerbaijani Government deems it important to adopt a tariff policy in accordance with a long-term economic policy and for the protection of the local market.

The Azerbaijani Government proposed maximum tariffs on agricultural products at the rate of 50% to 80%, the average rates - 23%. The tariffs on industrial goods unlike the agricultural ones are more liberal and the maximum customs tariffs were proposed at the rate of 30% to 50%, the average up to 15%. The new proposals are not yet publicized as they are not yet approved.

The talks group will have to defend Azerbaijan's interests before the WTO member states such as USA and EU. EU, as one of the largest exporters of agricultural products all over the world, suggests decreasing the tariffs proposed by Azerbaijan. The tariffs on several goods are also proposed to be decreased to nil. Currently 15% customs tariffs are applied with respect to the final products, 0 to 0.5% to the raw materials in the industry.

Talks with Oman, Georgia, Moldova, Turkey and UAE have already been completed.

Value of Turkish exports to OIC countries rises in 1H2021
Value of Turkish exports to OIC countries rises in 1H2021
Is there a future for Maglev trains?
Is there a future for Maglev trains?
Turkmenistan, Kyrgyzstan discuss issues of upcoming regular Consultative meeting of Heads of States of Central Asia
Turkmenistan, Kyrgyzstan discuss issues of upcoming regular Consultative meeting of Heads of States of Central Asia
Loading Bars
Latest
Settlements in Azerbaijan's liberated lands razed to ground - French MP Jean-Luc Reitzer (PHOTO)
Trial of Armenians who tortured Azerbaijani captives during first Karabakh war continues
Japan to supply cars and excavators to Turkmenistan
Azerbaijani currency rates for Aug.2
Azerbaijan announces date of start of issuing certificate to persons with contraindications to COVID vaccination
Azerbaijan Army’s positions in Nakhchivan direction subjected to fire
Iranian currency rates for August 2
Value of Turkish exports to OIC countries rises in 1H2021
USAID implements new program to ensure Georgia’s energy independence
BHOS graduate enters 13 famous foreign universities
Oil refinery in Uzbekistan opens tender to buy safety valves
Turkish Antalya Airport's cargo, passenger traffic spike in 1H2021
Uzbekistan publishes COVID-19 data for August 2
Government Trading Corporation of Iran pays money to wheat farmer in Kerman Province
Iran’s CBI discloses amount of funds spent on import of strategically important goods
Azerbaijan discloses data on gas production at Azeri-Chirag-Gunashli, Shah Deniz fields
Azerbaijan discloses oil production volumes from Azeri-Chirag-Gunashli fields
Kazakhstan’s Almaty Power Stations JSC opens tender to buy equipment
Generation of Iran’s Shahid Rajaee TPP boosts
Azerbaijan’s oil export down
Electricity generation of Iran's Ofogh Combined Cycle Power Plant up
Azerbaijani athletes compete in wrestling competitions of Tokyo Olympics (UPDATE)
Turkey discloses spending on implementation of air transport projects (Exclusive)
Kazakhstan reveals COVID-19 data
Georgia increases imports of cars from Turkey
5.6-magnitude quake hits Kermadec Islands, New Zealand
Brazil reports 464 more COVID-19 deaths
Venezuela to receive COVAX vaccines in coming days
Lille beat PSG to win French Super Cup
India assumes UNSC presidency for August
Nearly 400 migrants rescued in Mediterranean Sea
Another group of Azerbaijani firefighters arrive in Turkey to fight forest fires (PHOTO/VIDEO)
Turkey reports 20,890 daily COVID-19 cases
France eyes 50 mln foreign tourists in 2021: official
EU to send 3 firefighting planes to Turkey for wildfires
U.S. administers 346.5 mln doses of COVID-19 vaccines -CDC
600 arrested in Berlin, protesters decry COVID-19 measures
Canada sees increase in inorganic chemicals imports from Uzbekistan (Exclusive)
Erdogan express his desire to revive tripartite mechanism Turkey-Georgia-Azerbaijan at level of leaders
Britain reports 24,470 COVID-19 cases and 65 deaths on Sunday
Most forest fires contained as PKK-linked group vows arson attacks
Georgian Agriculture Ministry reveals import-export data with Turkmenistan
Iran Bandar Abbas Oil Refining Company continues to domestic production of equipment
Bahar Azadi gold coin price starts to fall in Iran
Iran’s GTC unveils volume of wheat purchased from farmers in Hamadan Province
Uzbekistan notes decrease in prices of goods and services in consumer markets
Israeli cabinet starts discussing state budget after 3-year deadlock
16 injured in wildfire in Greece's Achaea region
Significant funds to be spend on infrastructure, regional development in Georgia
Iran's Energy Exchange announces products to be on sale August 2
Israeli cabinet starts discussing state budget after 3-year deadlock
Azerbaijani firefighters prevent spread of fires in some directions in Turkey (PHOTO/VIDEO)
Anti-Azerbaijan amendment in US Congress is result of activity of Armenian lobby - US analyst
FMs of Azerbaijan, Turkey hold phone conversation
Latvia and Georgia have good prospects for cooperation in know-how - MFA
COVID-19 disproportionately affects U.S. people of color
Energy import in Turkey bill up 131 pct in June 2021
Iran dismisses Israel's accusations about oil tanker attack
Number of trucks passing via Iran's Jolfa border checkpoint up
Azerbaijan’s Agroservice company opens tender to render technical support
Azerbaijan confirms 671 more COVID-19 cases, 202 recoveries
Georgia eyes completing construction of all international highways by 2030
First batches of the Sputnik V vaccine produced in Uzbekistan by Jurabek Laboratories
Exports of Iran via customs of Mazandaran Province grow
French police clash with anti-COVID pass protesters in Paris
Nizami and his Legacy
Iran reveals COVID-19 data for August 1
More Azerbaijani firefighters, rescuers leave for Turkey
Iran's new president to be appointed on August 3
Azerbaijani Foreign Ministry issues note of protest to Charge d'Affaires of Russia
Russia reports 22,804 new COVID-19 cases, 789 deaths
Azerbaijani firefighters extinguishing fires near Turkey’s Marmaris city
Iran MoD helps Turkey in fire control operations
Turkey brings 107 massive forest fires under control
Georgia reports 2,654 coronavirus cases
Uzbekistan publicizes COVID-19 data for August 1
Expo 2020 Dubai to spur post-pandemic recovery: Indian envoy
6.4 crore Covid vaccine doses sent abroad from January 12 to July 22
Semglee, first-of-its-kind insulin product made by India’s Biocon, gets US approval
Combat duty carried out at high level in liberated territories of Azerbaijan (PHOTO/VIDEO)
Iran's Energy Exchange announces products to be on sale August 1
Azerbaijan discloses volume of gas exports to Europe in 1H2021
Taliban rockets hit Kandahar airport in Afghanistan, flights suspended
Turkmenistan transferring some fields to gas-lift method of operation
Georgia sees increase in external merchandise trade
Positions of Azerbaijan Army in direction of Nakhchivan shelled
Kazakhstan, Turkey discuss issues of scaling up investment
Iran declares amount on loans issued by National Development Fund to water, economy, processing industry
Weekly review of main events in Azerbaijan's financial market
Azerbaijan's Labor Ministry to purchase ICT equipment via tender
Kazakhstan reveals COVID-19 data
Peruvian new gov't to promote private, public investment, says finance minister
NASA sees possibility of using International Space Station until at least 2028
Brazil reports 910 more COVID-19 deaths
Sudan welcomes Algerian initiative to hold direct meeting on Nile dam
South Korea's july exports set fresh high on chips, autos
Turkey reveals number of ships received at local Bartin port in 1H2021
World Heritage Committee closes Fuzhou session, adding 34 new sites to heritage list
Africa's COVID-19 cases surpass 6.67 mln - Africa CDC
Samsung Heavy Industries reduces net loss in Q2
All news