Bank Of Baku

Global Trade Alert: 10 states took protectionist measures against Azerbaijan in 2009

Global Trade Alert: 10 states took protectionist measures against Azerbaijan in 2009
# 29 December 2009 12:29 (UTC +04:00)
Baku. Vahab Rzayev, Elmin Ibrahimov – APA-Economics. Global Trade Alert, a project of independent researchers, concluded that Azerbaijan implemented no measures affecting foreign states’ commercial interests in 2009.

According to the report that gives the lie to the pledge by the G20 leading economic powers to refrain from blocking trade in the crisis, some foreign states implemented protectionist measures affecting Azerbaijan’s commercial interests:

Foreign jurisdictions implementing measures affecting Azerbaijan’s commercial interests:

 

Foreign jurisdictions implementing measures

 

Number of measures

 

Russia

6

India

3

Ukraine

3

France

2

Argentina

1

China

1

Germany

1

Mexico

1

Republic of Korea

1

United Kingdom

1



Implemented measures that harm Azerbaijan’s commercial interests, by type:

 

Type of measure

 

Number of measures

 

As percentage of measures

Bail out/state aid measure

10

38,5%

Tariff measure

6

23,1%

Export subsidy

2

7,7%

Export taxes or restriction

2

7,7%

Trade finance

2

7,7%

Consumption subsidy

1

3,8%

Public procurement

1

3,8%

Quota (including tariff rate quotas)

1

3,8%

State trade enterprise

1

3,8%

Total

26

100,0%

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