Why are reforms in SOCAR delayed?
About a year ago, the Supervisory Board (SB) of the State Oil Company of the Republic of Azerbaijan (SOCAR) was established to exercise general management and control over the activities of SOCAR by the Presidential Decree[1] dated January 23, 2021, on Measures to Improve the Management of the State Oil Company of the Republic of Azerbaijan (SOCAR). With this decree, the Presidential Decree[2] dated November 5, 2020, on Ensuring the Activities of...
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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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