Azerbaijani Customs intends to protect high import rates upon entry into WTO

Baku, Azerbaijan, June 10
By Emin Aliyev- Trend:

Azerbaijani Customs intends to preserve high rates on imports of various goods when joining the World Trade Organization, Chief of Main Finance-Tariff and Currency Control Office of the State Customs Committee, Mirgasim Vahabov told Trend.

"Our proposals are to preserve the bound tariff on favorable level, and this will be discussed at the forthcoming negotiations on WTO accession with eight countries. We are talking about the maximum possible rates in the range of 20-25 percent [proposed by Azerbaijan] depending on the type of imported products," he said.

Bound-tariff is the maximum rate of customs duty for the import of certain goods specified in the country's obligations under the WTO, which can not be changed by the importing country unilaterally. If the country, applies its customs tariff rates by introducing a higher rate than it was prescribed, then the exporting-countries have the right to request cancellation of the rate or the provision of adequate compensation, for example in the form of reduction by the importing country of the customs tariff on other goods.

Vahabov went on to say that agriculture sphere is one of the sensitive ones, regarding the issue.

"Azerbaijan is actively developing the agricultural sector: the production volumes for a number of products are already equal to the volume of imports. Therefore, it is important to keep rates at the maximum highest level in order to protect local producers. The volume of agricultural output grows and imports gradually reduce, which makes the issue more relevant," Vahabov said.

The final solution will be found in the course of bilateral negotiations, according to the chief of the office.

"Different countries offer different maximum tariffs plank on the import of the product types in which they are interested. Of course each of our foreign partners interested in how to provide access for their producers in the new markets. And it concerns not only agricultural but also industrial products and the scope of services," he added.

Azerbaijan strives for a developing country status in the multilateral negotiations on WTO membership. Developing country status allows the country to rely on the 10-percent level of agricultural subsidies versus five percent for developed countries.

Azerbaijan has an observer status at the World Trade Organization since 1997. The working Group on Azerbaijan under the WTO secretariat was established on July 16, 1997.

Azerbaijan started negotiations in 2004. The next week-long round of bilateral negotiations with WTO members will begin June 30. Meeting of the working group is scheduled for late October-early November.

Edited by SI

Innovation Financing component of Georgian GITA supports  provision of grants
Innovation Financing component of Georgian GITA supports provision of grants
Georgian Meskhetian Brand Winemaking Company enters new markets
Georgian Meskhetian Brand Winemaking Company enters new markets
Azerbaijan eyes to reduce greenhouse gas emissions in upcoming years
Azerbaijan eyes to reduce greenhouse gas emissions in upcoming years
Loading Bars
Latest
Facebook quarterly revenue beats estimates
Numerous sites hit by missiles attack on Azerbaijani Barda were in civilian areas - VICE News reporter (VIDEO)
Innovation Financing component of Georgian GITA supports provision of grants
VICE News highlights use of banned cluster munitions by Armenia to attack Azerbaijani Barda
Forces and equipment Armed Forces of Armenia destroyed
Azerbaijan to establish embassy in Cuba
Strike on Azerbaijani is tragedy - Chairperson of Migration, Refugees, Displaced Persons Council of PACE
ICRC facilitates handover of combatants bodies killed in action during escalation of Karabakh conflict
Amnesty International verifies use of banned cluster bombs by Armenia to attack Azerbaijani Barda (PHOTO)
Azerbaijan avenges attack on Barda: Armenian units that subjected to fire civilian infrastructure, civilian population destroyed (VIDEO)
GUAM strongly condemns missile attacks on Azerbaijani cities by Armenia
French COJEP issues report on civilian casualties as result of Armenian attacks on densely populated Azerbaijani areas
Nizami Ganjavi International Center discusses renewed fighting between Armenia, Azerbaijan
Georgian Meskhetian Brand Winemaking Company enters new markets
Armenian Armed Forces' attempts to attack prevented in several directions - MoD
Azerbaijan issues statement on handing over bodies of killed servicemen to Armenia
Azerbaijan's MoD notes chaos, mass desertion in Armenian army
Azerbaijan eyes to reduce greenhouse gas emissions in upcoming years
Azerbaijan ratifies agreement on interaction of CIS member states' customs authorities
Azerbaijan reveals volume of tobacco production in Shaki district
UK increases import of Azerbaijani-made products
Georgia to cover utility fees of certain citizens starting from November
Canadian company to be engaged in gold mining in Georgia
Azerbaijani AFB Bank's net profit decreases
EBRD supports Georgian transport sector
No simple solution for Karabakh conflict, says Russian president
Azerbaijan approves law to rename 'Veng' village in Khojavand district into 'Chinarli'
Azerbaijani Prosecutor General's Office updates on woman killed following Armenia's missile fire
Azerbaijan to establish embassy in Cuba
Chairman of Azerbaijani community of Nagorno Karabakh calls on Canadian MP to apologize
Ombudsman of Azerbaijan sends protest letter to UNICEF regarding Armenian provocations
KAZ Minerals metals output on track to exceed full year production guidance
Reports about shelling of Russian border outpost false, says Azerbaijan's MoD
Servicemen of Armenian regiment refuse to take part in Karabakh hostilities
Russia making vigorous efforts to de-escalate Karabakh conflict as soon as possible - MFA
German allocates additional funds to Georgia for fighting COVID-19
Armenian Armed Forces shelling Azerbaijan’s Goranboy, Tartar, Barda
National Bank of Georgia sells funds at foreign exchange auction
World will lose heavily from enmity with Turkey and Azerbaijan, Turkish top official on Trend's 'Baku-Istanbul' teleconference (PHOTO/VIDEO)
Discussions related to durable resolution of Karabakh conflict ongoing constantly - OSCE (Exclusive)
CNPC Drilling Company in Turkmenistan opens tender to buy electric batteries
Number of high-ranking Armenian officials dismissed from their posts within month
One more Azerbaijani civilian killed by Armenian Armed Forces - top official
Azerbaijan sharply increases import of eggs from Georgia
Lebanese human rights defenders condemn Armenian vandalism in Beirut
Armenia once again violates ceasefire agreements - FACTS
Azerbaijan increases tea imports from Georgia
VTB Bank Kazakhstan's parent bank expected to facilitate bank's growth plans for 2020-2021
Azerbaijan appeals to UNICEF regarding Armenia's terror against Barda's civilians
Facebook gains court backing in document row with EU regulators
Commissioning of desalination plant in Kazakhstan's semi-desert zone postponed
Number of debit cards in Azerbaijan continues to grow
Georgia reduces imports of construction materials from Azerbaijan
Azerbaijan reduces import of cigarettes from Georgia
Residents of Barda fully confident in Azerbaijani army - Executive authority
Georgia increases oil import from Azerbaijan
Azerbaijan reveals details of casualties, injuries in Tartar inflicted by Armenian troops
Electricity production using renewable energy sources increases in Kazakhstan
Azerbaijan increases import of passenger cars from Georgia
Kazakhstan decreases imports from Austria
Precious metal prices in Azerbaijan down
Austria interested in further promoting economic co-op with Turkmenistan
People like Vladimir Yevseev call on Armenia to commit war crimes - Israeli expert
Ronaldinho films video message in support of Azerbaijan
Missile-hit area of Azerbaijan's Barda city targeted purposefully - Executive Office
Armenian military-political leadership to be punished soon – Azerbaijani prosecutor general
Kazakhstan, Spain trade down nearly threefold amid COVID-19
Bashkortostan boosts fuel export to Uzbekistan
President Ilham Aliyev calls President Recep Tayyip Erdogan
Azerbaijan confirms 483 more COVID-19 recoveries
Small industrial zone to be created in Uzbekistan’s Tashkent
First Vice-President Mehriban Aliyeva congratulates brotherly people of Turkey on 29 October-Republic Day
Kazakhstan, Austria agree on Action Plan of Kazakhstan-Austrian Business Council for 2021
Armenian leadership shelled Tartar ignoring visit of diplomats - President's aide
Azerbaijani currency rates for Oct. 29
China's premium car buyers drive VW back to profit
Iran reveals its COVID-19 data for October 29
Kraft Heinz third-quarter sales beat estimates
Bahar Azadi gold coin price again rising in Iran
Georgia has record high grape harvest in past 30 years
Int'l journalist sends Letter to Joe Biden in regards to his statement on Karabakh
Armenia shells Goygol district, fire breaks out in forest - Ministry of Emergency Situations
Joint technical committee to be set up related to Khudafarin & Giz Galasi hydro junctions
ADB approves loan to support Georgia’s economic recovery
Azerbaijan's Nakhchivan increases value of its agricultural production
Turkmenistan plans to increase natural gas supplies to China
Armenian servicemen, who fire at civilians in Azerbaijan’s Barda, killed on battlefield (VIDEO)
Azerbaijan shoots down two Su-25 of Armenia – Defense ministry
Aircraft of Azerbaijani Armed Forces not involved in today's battles - Defense Ministry
Turkish Airlines to launch multiple charter flights to Georgia
Georgia's economic growth rate to up
Armenia used cluster bombs prohibited by all int'l conventions to attack civilians in Barda - Assistant to First Vice President of Azerbaijan
Azerbaijan’s all Smerch multiple rocket launchers fully operational – Defense ministry
Azerbaijan's Zangilan city liberated not long before 27-year anniversary of its occupation
Azerbaijan hands over bodies of soldiers, captured civilians to Armenia - president's aide
Azerbaijan bombing maternity hospital in Nagorno-Karabakh's Khankendi - fake
Top Iranian cleric condemns Armenia killing innocents in Azerbaijan's Barda city
Azerbaijan to become regional leader in energy efficiency - EU4Energy manager
Assessment of Turkmenistan's hydrocarbon resources published
Barda is beautiful and strong with reinforced determination - top official
All news