Amendments to the Law "On the register of real estate" were adopted.
According to the decree of the President, the information system of the state immovable property registry is integrated with analogues of the Central Bank of Azerbaijan, the Financial Market Control House, mortgage funds, banks and other financial organizations.
The deadline for registration of property rights and the provision of extracts from the register is reduced by half - to 10 working days, but on work on inventory and surveying permitted extension for another 5 days (total of two weeks).
There is also a reduction from 5 to 3 working days for consideration of documents for the registration of a mortgage facility, and in the case of suspension of the property rights by the State Register, the period of notice of officials is brought to 7 business days (earlier this was allocated 10 days). --17D-
Economics
-
Azerbaijan’s Information and Communication Technologies Agency (ICTA) held a meeting with representatives of internet service providers (ISPs) and telecom operators to address concerns over the accuracy of reported internet speeds and the country’s ranking in global broadband performance indices.
-
Bulgaria considers Azerbaijan a key strategic partner in the energy sector, as the country plays a crucial role in diversifying gas supplies and strengthening regional energy security, Bulgaria’s newly appointed Energy Minister Jecho Stankov said during a meeting with an Azerbaijani delegation.
-
Rovshan Najaf, president of Azerbaijan’s state oil company SOCAR, met with Majid Jafar, CEO of Crescent Petroleum, on February 6 to discuss potential avenues for collaboration in the energy sector. The meeting marked an important step in strengthening ties between the two companies, with both sides exchanging insights on their respective operations and assessing opportunities of mutual interest.
-
Rovshan Najaf, president of the State Oil Company of Azerbaijan (SOCAR), met with Sašo Berger, chairman of Slovenian energy company Petrol dd, and Simon Urbanc, CEO of Geoplin doo, on February 6, underscoring growing cooperation in the natural gas sector between Azerbaijan and Slovenia.
Leave a review