In Brussels summed up the 14th meeting of the Cooperation Council EU-Azerbaijan.
The delegation of Azerbaijan was led by Deputy Foreign Minister Mahmud Mamedguliyev. As noted in the Foreign Ministry of Azerbaijan, at a press conference he noted that Azerbaijan intends to expand the range of export products to the EU. Today the share of countries in this area for more than 40 % of the foreign trade turnover of the country , despite the fact that most of the trade with Europe, oil and oil products, and in the future are likely to replenish its arsenal of natural gas.
Diversification turnover discussed under the Association Agreement concerning trade and development of trade relations between the EU and Azerbaijan, said a senior official. - 17D-
Economics
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President Ilham Aliyev signed a decree on 27 Desember to implement the law on the 2025 State Social Protection Fund budget, setting forth measures to ensure the effective execution of the fund’s financial framework.
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Azerbaijani President Ilham Aliyev has issued a decree to implement amendments to the country’s Tax Code, approved by Parliament on December 16, 2024, under law number 98-VIIQD. The decree, published on Friday, is aimed at optimizing tax administration and strengthening the legal framework outlined in the revised legislation.
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Azerbaijan’s parliament has approved a law establishing minimum living standards for 2025, with specific allocations for various demographic groups. The legislation, signed by President Ilham Aliyev on December 16, will come into force on January 1, 2025. The presidential decree was published on December 27.
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The President of Azerbaijan issued a decree on December 27, 2024, to implement the "2025 State Budget Law" aimed at streamlining the allocation and execution of government expenditures. The legislation, codified under law number 93-VIIQ, outlines detailed budget appropriations across various sectors, reflecting strategic priorities in defense, education, healthcare, and infrastructure.
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