The transport infrastructure of Azerbaijan is ready for a sharp increase in the flow of transit cargo, Permanent Representative (National Secretary) of the Permanent Secretariat of the Intergovernmental Commission (PS IGC) TRACECA Rufat Bayramov said in an exclusive interview with Trend.

According to him, TRACECA predicts that in the current geopolitical situation, container cargo transportation from China to Europe and back through the territory of Azerbaijan will grow three to five times in 2022 compared to previous years.

Bayramov noted that today the potential of Azerbaijan's transport infrastructure has not yet been fully involved.

"For example, the Baku International Sea Port handled about five million tons of cargo last year, while its infrastructure allows it to handle up to 15 million tons, including 100,000 TEU containers. At the same time, the second phase of expanding the port's throughput capacity to 25 million tons of cargo and 500,000 TEU containers has been started. Work to expand the infrastructure will be carried out in stages, by the growth of cargo traffic", Bayramov said.

He stressed that the opening of communications in the liberated territories of Azerbaijan will help attract the flow of goods through the territory of Azerbaijan.

Source: AzerNews

As a result of the end of the transition period on 31 December 2020 provided for in withdrawal agreement between the United Kingdom the European Union, from January 2021 all flows of goods between Spain and the United Kingdom will no longer be considered as intra-Community operations, but will be subject to customs formalities, except for those originating in or destined for Northern Ireland, which will continue to be declared in the Intrastat system.

Intrastat declarations for transactions with Northern Ireland shall be entered as the Member State counterpart code XI, which corresponds to Northern Ireland, and the following code shall be entered as the country of origin of the goods:

1. If the goods originate in Northern Ireland itself, they will be declared as Country of Origin Northern Ireland (XI).

2. If the goods originate in a part of the United Kingdom other than Northern Ireland, they will be recorded as Country of Origin Code XU, which corresponds to the United Kingdom excluding Northern Ireland.

If the goods originate in a country other than Northern Ireland or the United Kingdom, excluding Northern Ireland, the code corresponding to that country will be entered as the country of origin, in accordance with the nomenclature of countries in Annex I of the Resolution of 22 May 2018, of the Department of Customs and Excise of the Spanish State Tax Agency, for the compilation of statistics on the trading of goods between Member States (Intrastat System).

Source: Agenciatributaria