19.09.2012 - SOFAZ pursues gold
The State Oil Fund of Azerbaijan (SOFAZ) -- whose assets totaled $32.67 billion as of July 1 -- has purchased 10 tons of gold, Executive Director of the Fund Shahmar Movsumov has revealed to the Azeri-Press Agency (APA). "We’ve also applied to the Cabinet Ministers with a proposal to introduce a zero rate of customs duties…on import of gold purchased abroad in the country. So far the fund has bought around 10 tons of physical gold," Movsumov said...............................................Full Article: Source
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