Azerbaijan, Baku, 6 August / Trend corr. I.Khalilova / The import of enginery used for production of defence industry was released from customs duties and VAT.
Under the order by the Cabinet of Ministers, the equipment and component parts imported by the Defence Industry Ministry were also released from duties.
These measures are taken within the framework of the presidential order on 24 June 2008 'on measures to improve companies under the balance of Defence Industry Ministry. Under the order the debts on the insurance payments to the State Social Protection Fund were cancelled as for 1 April 2008. The measures are also expected to be taken to regulate the creditor debts on the public utilities and through the state support.
On 6 August, the official currency rate is 0,8093 AZN/USD.
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