Azerbaijan Reports Increase in Electricity Generation for January-October 2024

Azerbaijan's President Ilham Aliyev issued a decree on Thursday to establish the Fisheries and Aquaculture Center, aiming to modernize the country’s fishing industry and aquaculture sector. The move aligns with the government's broader strategy to enhance productivity, improve resource management, and ensure sustainable development.

To strengthen customs cooperation and facilitate trade procedures along the critical Trans-Caspian International Transport Route, Azerbaijani President Ilham Aliyev has approved the "Grant Agreement on the Customs Cooperation Fund (CCF Azerbaijan)" between Azerbaijan's State Customs Committee (SCC) and the World Customs Organization (WCO). The decree, issued on December 19, underscores Azerbaijan's commitment to enhancing the efficiency of customs services and fostering international cooperation.

Azerbaijan has approved new regulations aimed at enhancing the monitoring of strategic goods and addressing sharp short-term price fluctuations in key commodities, according to a decree from the country’s Cabinet of Ministers.

On December 19, Azerbaijan's Cabinet of Ministers has approved new regulations to strengthen oversight of market participants involved in strategic goods, with a focus on enhancing the country's state reserves system.