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Kazakhstan sets up special customs regime for Azerbaijan’s logistics center

05 April 2017 [14:24] - TODAY.AZ

By Azernews


By Amina Nazarli

Kazakh President Nursultan Nazarbayev has instructed to introduce a special customs regime for the logistics center of Azerbaijan’s Azersun Holding in Aktau.

President Nazarbayev accompanied by Azerbaijan’s Economy Minister Shahin Mustafayev familiarized with the logistics center of Azersun Holding in Aktau on April 4, the Ministry told Trend.

While reviewing the center, Mustafayev stressed that the introduction of a special customs regime is expedient for increasing the efficiency of the logistics center’s activity.

Highlighting the economic and political relations between Azerbaijan and Kazakhstan, the minister added that as a result, a number of economic projects, including the logistics center, have been successfully implemented.

Mustafayev further said that the establishment of a logistics center in Aktau will significantly facilitate an access to the markets of the Customs Union countries for Azerbaijani exporters.

The project cost is $20 million. The total area of ??the logistics center is 8,730 square meters. The center has been provided with modern equipment from Germany, the Netherlands, Italy, Japan and Turkey.

The center located in the Aktau Sea Port special economic zone creates favorable conditions for the supply of industrial, agricultural and food products produced in Azerbaijan to Kazakhstan and other Central Asian countries.

A memorandum of understanding on the construction of the Aktau logistics center was signed in August 2013. The Aktau terminal which is currently considered to be the main gate of Kazakhstan in the Caspian Sea implements its operations at the breaking point of its carrying capacity.

Azersun production and logistics center is the first logistics center of Azerbaijan, located outside the country. Being Azerbaijan's first relevant projects abroad, the logistics center will create new export opportunities for entrepreneurs.

The logistics center will pave the way for the development of non-oil sector of Azerbaijan and Kazakhstan, the expansion of transit and export opportunities in the region, as well as the development of trade and economic relations between the two countries.





















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