Azerbaijan to export alcohol to Türkiye without customs duty
Business
- 23 February, 2024
- 07:01
Azerbaijan will export 1.5 million liters of wine and fermented alcoholic beverages to Türkiye every year at a 0% customs rate, according to the decision of the Grand National Assembly of Türkiye based on the new Preferential Trade Agreement signed between the two countries, Report informs, citing the Turkish press.
According to the decision, the import of a number of products from Azerbaijan was exempted from customs duty for a period of 10 years. Thus, Türkiye will import wine, mulberry, quince, iron, and steel products and packaging materials from Azerbaijan, and Azerbaijan will import copper wire, washing machines, monitors, video recorders, car spare parts, and aluminum from Turkey without customs duty.
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