During the visit to Baku of the European Bank for Reconstruction and Development (EBRD) delegation headed by the Regional Director for Caucasus, Moldova and Belarus Bruno Balvanera, opportunities to participate in the local securities market were discussed.
As Turan was told in the public relations sector of the State Committee for Securities, the sides discussed the placement of bonds by the EBRD in Azerbaijan.
"The implementation of the development strategy for capital markets is an integral part of policies aimed at strengthening the non-oil sector in Azerbaijan," Bruno Balvanera said in Baku.
Recall that the plans for participation in the securities market in Azerbaijan were stated by the EBRD even in 2015. The volumes of the issues of securities and the interest rates on them are still unknown. ---08D
Economics
-
But Putin Says It's "Virtually Impossible" Due to Zelensky's Position Slovak Prime Minister Robert Fico visited Moscow on Sunday to discuss energy issues, becoming the third EU country leader to hold talks with Vladimir Putin since Russia's 2022 invasion of Ukraine. Prior visits include Austrian Chancellor Karl Nehammer in April 2022 and Hungarian Prime Minister Viktor Orbán in July 2024. Slovakia is also a NATO member.
-
Environmental, Social, and Corporate Governance (ESG) principles have emerged as a transformative force in modern business practices, reshaping priorities across industries. This was a key theme highlighted by Orkhan Mammadov, Chairman of the Management Board of the Small and Medium Business Development Agency (KOBIA), at the conference "Labor Relations, Occupational Safety, and Human Resources as Key ESG Approaches," held on Monday in Baku.
-
A detailed review of legislative norms and e-government services across various business environment domains has been prepared and published by the working group of the Business Environment and International Ratings Commission, focusing on electricity network connections.
-
The draft law "On Amendments to the Tax Code," adopted in its third reading, provides for tax exemptions on the sale of locally manufactured buses in Azerbaijan and the supply of spare parts for these vehicles. This was reported by the Tax Service under the Ministry of Economy, explaining that the government's initiative aims to support business development in the country by reducing the tax burden. The exemption will come into effect on January 1, 2025, and will remain valid for eight years.
Leave a review