Azerbaijan eyes exempting customs duty for raw materials brought to liberated territories

Azerbaijan eyes exempting customs duty for raw materials brought to liberated territories
# 06 July 2022 16:09 (UTC +04:00)

Privileges will be offered to producers operating in the liberated territories, said Deputy Chairman of the Board of Economic Zones Development Agency Elkhan Shiriyev, APA-Economics reports.

According to him, the privileges include the exemption of raw materials brought to the liberated territories from customs duties.

"These are products intended to use in construction works and establishing of production enterprises. It will make the imported products more competitive. This step aims to direct the focus of entrepreneurs to the liberated territories," said Elkhan Shiriyev.

The Deputy Chairman did not rule out that a new package of privileges would be presented in the next year or a year and a half.

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