The Parliamentary Committee on Economic Policy has recommended Milli Majlis adopt the draft law "On Advertising" in the second reading.
According to the author of the document, MP Vahid Akhmedov, legislation in this area has operated since 1997 and lags behind reality. "We need to tighten the requirements for social responsibility, respect for the rules of the state language and the advertising of alcoholic beverages," he said, adding that according to the innovation, organizations that distribute advertisements should be spend on public advertising at least 8% of the airtime, advertising space, banners etc. The currently acting requirement is 5%, but it is not complied with.
The bill specifies the time frame for the distribution of social advertisements - from 09:00 to 00:00. According to the achievements, sports gambling advertising on television should be extended from 23:00 to 07:00 (state television promotes the tote TOPAZ all day). --17D-
Economics
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Azerbaijan began the new year with significant hikes in gas, electricity, water, and medication tariffs, sparking widespread concern among citizens over the financial burden on households. While officials defend the measures as necessary for economic sustainability, critics warn of challenges tied to stagnant wages and pensions.
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As of January 1, Europe has ceased contract-based transit of Russian gas through Ukraine. Kyiv announced it would not renew agreements to traffic gas from the "aggressor nation" through its territory. The decision marks a pivotal moment in Europe’s efforts to reduce reliance on Russian energy, a dependency that supplied nearly 50% of the continent’s gas imports before the war in Ukraine.
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Azerbaijan's Tariff Council has approved a decision to regulate the maximum wholesale and retail prices of registered medicines, with the new pricing caps coming into effect on January 2, 2025.
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Azerbaijan's Tariff Council has approved tariffs for connecting construction sites to water supply and wastewater systems for the first time, addressing a previously unregulated sector with inconsistent charges, the council announced on January 2.
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