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Azerbaijan Presented Proposals on Customs Tariffs to WTO

Business Materials 3 March 2007 10:50 (UTC +04:00)

Azerbaijan, Baku / corr. I.Khalilova / To protect the host market in the process of joining the World Trade Organization (WTO), the Government of Azerbaijan sent proposals to the WTO Secretariat regarding maximal range of the customs tariffs that will be applied to the imported agricultural and industrial products. The Deputy Chairman of the State Customs Committee (SCC) of Azerbaijan, Safar Mehdiyev, said that high tariffs have been offered for the sectors, for development of which problems may appear problems in the future.

The may be applied for the period of 50 years after joining the WTO to protect internal investments and producers. According to him, several tariffs are high than the present tariffs by two-three times and it inheres in all countries with transition economy.

The maximal tariffs for the agricultural products have been suggested at the level of 50-80% and averagely - 23%. Unlike agrarian sector, the tariffs for the industrial products are more liberal and the maximal customs tariffs are offered at the level of 30-50% and average - up to 15%.

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