Azerbaijan tightens rules on non-resident financial data exchange to boost transparency

The Azerbaijani government has removed two aviation service providers from the list of natural monopoly entities in a move aimed at opening the sector to competition and bringing it closer to international standards.

Azerbaijan has approved a regulatory framework for a “Unified Electronic Archive” information system, a move aimed at consolidating state documents into a single digital platform and advancing the country’s transition toward data-driven governance.

Ilham Aliyev signed a decree on Tuesday ordering additional measures to mitigate the impact of floods after heavy rains in March and April caused widespread damage across the country.

Azerbaijan has sharply reduced excise duties on imported fuel in a bid to stabilise domestic supply, highlighting structural imbalances in its downstream energy sector despite its status as an oil-producing country.