Retrospective and perspective view of the next stage of privatization in Azerbaijan
When oil prices fell on world markets, privatization in Azerbaijan came to the fore again in 2016. On May 19, 2016, President Ilham Aliyev signed a Decree[1] of the President of the Republic of Azerbaijan on additional measures to improve the process of privatization of state property. This decree firstly determined that the privatization of state property is carried out by the decisions of the President of the Republic of Azerbaijan, and secondl...
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In a significant diplomatic move, President Kassym-Jomart Tokayev of Kazakhstan embarked on an official visit to Armenia, marking a pivotal moment in the relationship between the two nations. The meeting between President Tokayev and Armenian Prime Minister Nikol Pashinyan resulted in the signing of a joint statement aimed at fostering cooperation and easing tensions that had simmered between the two countries.
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