The State Committee for Standardization, Metrology and Patents (SCSMP) established a Technical Committee on standardization of building materials, products and designs.
Before the new technical committee tasked to develop and carry out examination of projects of national, inter-state and international standards, coordination of work with international institutions, the report said SCSMP.
The Technical Committee on Standardization of materials includes representatives of 17 public and private companies and organizations, including the two leading manufacturers of building materials, products and structures - Gilan Holding and Accord.
Several technical committees on standardization of food products, industrial products, environment, tourism, ICT, etc. have been created so far. -0--
Economics
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SOCAR President Rovshan Najaf met with the Minister of State for Petroleum of Pakistan, Musadik Malik, on January 18. According to SOCAR, the discussions covered joint energy projects, achieved outcomes, and cooperation opportunities in various areas, including the trade of petroleum products.
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The State Statistics Committee of Azerbaijan reported that in 2024 investments in fixed assets reached 21,435.1 million manats, which is 0.7% less than in 2023. While overall figures edged lower, the sectoral breakdown reveals notable disparities between the oil and gas sphere and non-oil industries.
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Azerbaijan’s industrial enterprises and individual entrepreneurs reported a modest 1.1% year-on-year increase in industrial production during 2024, reaching an output valued at 64.1 billion manat. The State Statistics Committee attributed the overall growth to a 0.5% expansion in the oil and gas sector, while non-oil and gas industries surged by 7.3%.
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Global diesel prices and refining margins have spiked following the latest U.S. sanctions targeting Russian oil trade, as markets brace for reduced supply, analysts and LSEG data indicate.
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