Bank Of Baku

Membership in WTO may decrease interest rates, tariffs and tax in Azerbaijan

Membership in WTO may decrease interest rates, tariffs and tax in Azerbaijan
# 27 April 2010 12:11 (UTC +04:00)
Baku. Rashad Suleymanov – APA-Economics. Foreign countries won’t be able to receive unjust decision against of Azerbaijani productions after Azerbaijan being member of World Trade Organization, international expert on membership process in WTO Farhad Farhad told in the seminar about the Azerbaijan’s membership in WTO and Press which held by the support of United States Agency for International Development (USAID).

According to expert, the taxes and tariffs may be down after Azerbaijan being member of WTO. At the same time, the taxes on Azerbaijani production will fall from 13% to 9%. The GDP will rise by 1.03% at the result of increasing of export.

Interest rates are expected to down by 5%. Azerbaijan presents nearly 70 sensible product in discussion.
1 2 3 4 5 İDMAN XƏBƏR
#
#

THE OPERATION IS BEING PERFORMED