Azerbaijani President Ilham Aliyev has approved two decrees of the agreement the Financial Monitoring Service under the Central Bank with similar services in Russia and Macedonia against the legalization of proceeds from crime and the financing of terrorism.
In 2009 Azerbaijan adopted the law "On combating illegally obtained funds or other property legalization and financing of terrorism", and there is a corresponding decision of the Cabinet of Ministers, regulations and orders of the Ministry of Taxes, General Prosecutor's Office, and the State Customs Committee. On an international scale there are a number of documents, including two Strasbourg Conventions of the Council of Europe (1999) - on civil and criminal liability for corruption, the Warsaw Convention 2005 on Laundering, Search, Seizure and Confiscation of the Proceeds from Crime and on the Financing Terrorism and others.
However, despite this, the international research recorded multi-billion USD transfers of illegally obtained funds from Azerbaijan to offshore zones. -0—
Economics
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Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
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Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
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The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
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There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
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