The Azerbaijani government has extended the exemption from customs duties on importing aviation fuel until December 31, 2025.
Azerbaijani Prime Minister Ali Asadov signed the relevant decision on March 3, which will come into effect in 30 days.
The government initially exempted aviation fuel imports from customs duties on December 30, 2022, with the exemption set to last until December 31, 2023. This decision was then extended for an additional year, through December 31, 2024.
In a separate resolution, the government also decided to extend the excise tax rate of 1 manat ($0.59) per tonne for imported TS-1 aviation fuel, as well as other types of aviation fuel, until December 31, 2025. This resolution will also enter into force in 30 days.
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United Nations World Urban Forum 13 continues in Baku, Azerbaijan on 19 May with sessions and roundtable discussions focused on strengthening dialo...
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On the third day of the World Urban Forum (WUF13) in Baku, discussions increasingly focused on one of the most pressing questions facing rapidly ur...
The Azerbaijan pavilion has officially opened at the Urban Expo, held as part of the 13th Session of the World Urban Forum (WUF13), showcasing the ...
United Nations World Urban Forum 13 continues in Baku, Azerbaijan on 19 May with sessions and roundtable discussions focused on strengthening dialogue and advancing cooperation in urban development. Organisers say there are nearly 3 billion people globally who face some form of housing inadequacy.
On the third day of the World Urban Forum (WUF13) in Baku, discussions increasingly focused on one of the most pressing questions facing rapidly urbanising regions: how to turn political commitments into practical urban solutions.
The Azerbaijan pavilion has officially opened at the Urban Expo, held as part of the 13th Session of the World Urban Forum (WUF13), showcasing the country’s urban development strategy, cultural heritage and post-conflict reconstruction priorities.
The World Urban Forum (WUF) opens this week in Baku, Azerbaijan, bringing together governments, city leaders, urban planners, researchers and civil society to exchange ideas on how cities can become more inclusive, resilient and sustainable.
The World Urban Forum (WUF13) continues in Baku, Azerbaijan on 18 May, addressing the global housing crisis. The day’s agenda includes the official opening press conference, the WUF13 Urban Expo opening and a ministerial dialogue on the Nairobi Declaration to advance Africa's urban agenda.
U.S. President Donald Trump said on Monday he had paused a planned attack on Iran after appeals from the leaders of Qatar, Saudi Arabia and the United Arab Emirates, allowing negotiations to continue over a possible deal to end the conflict.
A 5.2 magnitude earthquake struck China’s Guangxi region early on Monday, killing two people and forcing more than 7,000 residents in Liuzhou to evacuate as rescue efforts continued.
The World Health Organization (WHO) has declared an Ebola outbreak in the Democratic Republic of Congo (DRC) and Uganda a Public Health Emergency of International Concern (PHEIC), warning that the situation poses a significant risk of cross-border spread in Central Africa.
United Nations World Urban Forum 13 continues in Baku, Azerbaijan on 19 May with sessions and roundtable discussions focused on strengthening dialogue and advancing cooperation in urban development. Organisers say there are nearly 3 billion people globally who face some form of housing inadequacy.
Government bond markets from Tokyo to New York extended losses on Monday (18 May) as rising energy prices linked to the Middle East conflict heightened inflation concerns and reinforced expectations that major central banks could keep interest rates higher for longer.
Negotiations between Samsung Electronics and its workforce on Wednesday have broken down, officials said, raising fresh concerns over potential disruption to South Korea’s export-heavy economy.
By the time American shoppers began noticing higher prices on everything from trainers to televisions, the world's two largest economies were already deep in a trade war that left the world wondering how it would end.
The Strait of Hormuz remains a vital maritime chokepoint and serves as the primary artery linking the Persian Gulf to international energy markets. With approximately 20% of global oil and gas shipments transiting this waterway, it is the backbone of energy security for Asia, Europe, and beyond.
China’s exports grew faster than expected in April, as overseas buyers moved quickly to secure supplies amid fears that the conflict involving Iran could drive up global energy and transport costs.
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