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of Azerbaijan and the State Customs Service under the Ministry of Finance of the Kyrgyz Republic and the “Agreement on cooperation and mutual assistance for improving customs administration between the State Customs Committee of the Republic of Azerbaijan and the State Customs Service under the Ministry

In the first quarter of 2024, the budget transfers from the State Customs Committee (SCC) amounted to 1,469,900,000 manats ($864.18 million), or 15.9%, of the total budget transfers, Report informs, citing the Ministry of Finance.

An agreement is being developed to form the legal basis for transit transportation under the CAREC Advanced Transit System (CATS) and the Information Common Exchange, Report informs referring to the State Customs Committee (SCC).

Azerbaijan participated in the 33rd Meeting of the Revised Kyoto Convention Management Committee (RKC/MC) at the headquarters of the World Customs Organization (WCO) in Brussels, Report informs, citing the State Customs Committee.

Being organized to expand Kyrgyz-Azerbaijani economic relations, the forum was also attended by Minister of Economy of the Kyrgyz Republic Daniyar Amangeldiyev, Minister of Transport Tilek Tekebayev, Deputy Head of the State Customs Committee of Azerbaijan Javad Gasimov, and heads and representatives

According to the State Customs Committee, last year about 14,100 hybrid cars worth $386.3 million, as well as 3,100 electric vehicles worth $125.3 million were imported into the republic. That is, in 2023, the number of electric vehicles imported to Azerbaijan was 19 times more than in 2021.

The data pertains to the volumes reported by the Azerbaijan State Customs Committee, with the entirety of these volumes being attributed to the month of February.

In January-March 2024, Azerbaijan imported 19,571 vehicles worth $361 million, respectively, down 5.9% and up 14.6% from the previous year, Report informs, citing the State Customs Committee.

In January-March, Azerbaijan conducted trade transactions with foreign countries worth $9,696,000,000, down 17.6% from the previous year, Report informs, citing the State Customs Committee.

The value of the trade turnover between Azerbaijan and the CIS countries amounted to approximately $910 million ($909,791,000) in the first two months of this year, marking a 17.5-percent decrease from the same period last year, Report informs via State Customs Committee.