Amendments have been made to the Land Code

The State Oil Company of Azerbaijan (SOCAR) and Italy's Eni S.p.A. have signed a Memorandum of Understanding (MoU) focused on energy transition. Azerbaijani Economy Minister Mikail Jabbarov announced the agreement on his account on the social network "X".

Azerbaijani Economy Minister Mikail Jabbarov met on July 29 with Ali Kibar, Chairman of Turkish conglomerate Kibar Holding, to discuss strengthening bilateral cooperation, boosting investment in industrial production, and supporting partnerships in the energy sector.

The Cabinet of Ministers of the Republic of Azerbaijan has approved the application form specified in Article 30.1 of the Competition Code. This decision aims to align with the President’s decree No. 1051-VIQ dated December 2, 2023, and address regulatory requirements related to the implementation of the Competition Code.

President Ilham Aliyev of Azerbaijan has issued an order to expand the territory of the Sumgayit Chemical Industrial Park, as part of broader efforts to enhance the country's industrial capacity. The decision, guided by Article 109, paragraph 32 of the Constitution of Azerbaijan, aligns with the April 2023 presidential order focused on implementing a pilot project for drinking water production through sea water desalination.