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New duties on food exports introduced in Azerbaijan

Business Materials 8 April 2019 14:19 (UTC +04:00)
The Ministry of Economy and the Ministry of Agriculture of Azerbaijan have issued a joint statement on the rise in prices of some vegetable products
New duties on food exports introduced in Azerbaijan

Baku, Azerbaijan, April 8

Trend:

The Ministry of Economy and the Ministry of Agriculture of Azerbaijan have issued a joint statement on the rise in prices of some vegetable products, Trend reports.

In connection with the rise in prices of potatoes, onions and cabbage in the country, until April 30, an export duty is imposed on the supply of potatoes abroad, and until May 31 - for the export of onions and cabbage. Moreover, imports of onions are exempted from the specific duty.

This step serves to ensure price stability in the domestic market, as well as to satisfy the demand of the population for these types of products, the statement read.

The ministries also note that they will take all the necessary measures to eliminate possible difficulties for entrepreneurs associated with the sale of products.

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