Azerbaijan's Cabinet of Ministers has amended the "Commodity Nomenclature of Foreign Economic Activity, Rates of Import Customs Duties and Rates of Export Customs Duties," approved by a Cabinet decision dated November 17, 2017, Report informs.
Following a decision signed by Prime Minister Ali Asadov, the customs tariff on screws, bolts and nuts exported from the country has been increased from $15 to $300 per 1,000 kilograms until the end of 2029.
The decision will enter into force 30 days after its publication.