The list of undesirable persons of the Central Bank of AR has been added. According to the information of the CBA Financial Monitoring Service under the international sanctions has fallen a native of Afghanistan Torek Yeah, accused of having links with terrorist organizations.
According to official data, the Aga is a key commander of the Military Council of the Taliban, closely involved in the collection of funds from donors in the Gulf region. Adding to the list of CBA corresponds to the updated list of the Sanctions Committee of the UN Security Council on individuals and entities with frozen assets, which introduced a travel ban and an arms embargo.
The list is compiled since 1999, based on UN Security Council Resolution №1267 of the freezing of funds the organization Al Qaeda and the movement Taliban. In 2015, the list is updated 30 times.
CBA Financial Monitoring Service has operated from 23 February 2009, and its activities cover all financial institutions as well as non-governmental and religious organizations, organizers of lotteries, realtors and brokers, lawyers and auditors. --17D-
Economics
-
Azerbaijan's Cabinet of Ministers has approved amendments to the list of strategically important goods in the country's consumer market, as outlined in Decision No. 136 dated April 27, 2023. The update aligns with the implementation of the Law on State Reserves and a corresponding presidential decree, the government announced on Thursday.
-
Representatives of Azerbaijani and Latvian business circles convened in Baku for the "Azerbaijan-Latvia Information and Networking Meeting," marking a significant step in bolstering economic cooperation between the two countries. Latvian Ambassador to Azerbaijan, Edgars Skuja, underscored the event’s mission to connect entrepreneurs from both nations, aiming to enhance collaboration across multiple sectors.
-
The President of Azerbaijan approved the amendments on November 7, which were made to the “Law of the Republic of Azerbaijan on Credit Bureaus” by the Milli Majlis. The text of the amended law was published on November 28.
-
The European Bank for Reconstruction and Development (EBRD) has released its Transition Report 2024-25 for Azerbaijan, urging the country to take bold steps to improve economic governance and foster private sector development. The report outlines key priorities for Azerbaijan’s economic trajectory and highlights challenges stemming from its reliance on volatile energy markets.
Leave a review