Azerbaijan Ranks 103 Among 129 in International Property Rights Index
Azerbaijan for the first time has been included in the rating of International Property Rights Index compiled by the international organization Property Rights Alliance.
Of the 129 countries included in the list, Azerbaijan is on the 103rd spot, and with long-standing problems. Thus, the piracy rate is 85%, which violates the right to intellectual property, which gave the minimum 1.5 points and 95th place out of 105 possible.
Almost the maximum score of 9.7 points out of 10 was received in the category of "Registering property" (20th place among the 129).
There is poor control of corruption - 3.2 points and 110 place among 129 countries. Below the average is political stability in the country - 4.2 points and 81 among 129 countries. Even worse is the case with the independence of the judicial system - 3.6 points and 88th place among 129 participants in the rating.
By the way, ahead of us are Armenia - 94th and Georgia - 95th final places. Russia has 81st, and Turkey - 58th place. The worst position among the CIS countries is of Ukraine - 109th place.
Ahead are Finland, Norway, New Zealand, Luxembourg and Singapore. --17D-
Economics
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According to the State Customs Committee, in the first eleven months of this year, Azerbaijan transported 6.96 million tons of cargo by rail, worth $3.01 billion. This represents a 4% decrease in volume and a 10.1% decline in value compared to the same period in 2023.
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The Cabinet of Ministers of Azerbaijan has approved a set of regulations to govern the approval of agreements under the country’s competition law, aimed at fostering compliance with legal frameworks and enhancing market transparency.
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Azerbaijan's ambitious program to restore territories liberated from Armenian occupation has attracted attention due to the extensive use of single-source procurement methods, raising concerns about transparency and corruption.
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Azerbaijan recorded a 2% increase in wheat imports from January to November 2024 compared to the same period in 2023, underscoring its continued reliance on external sources to meet domestic demand. This growth comes amid a significant decline in domestic wheat production, which decreased by 148,100 tons in 2024, further intensifying the need for imported supplies.
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