Amendments to the Civil Procedure Code of Azerbaijan were passed on September 30, 2016. The corresponding decree was signed by President of Azerbaijan.
According to the document, the text has been added articles 4.4, 138.5 and 272.4-1.
The first of these involves the possibility of filing lawsuits, allegations, complaints and other documents in the framework of economic litigation, not only in writing but also by means of electronic office information system "e-court" provided for by the law of Azerbaijan "On electronic signature and electronic document".
The second article involves placing court notices in electronic form. The third article assumes continuous video and audio recording of court proceedings on economic disputes. The record is attached to the protocol on a physical medium (disk) and is provided to the participants of the economic dispute and their legal representatives.--17D-
Economics
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On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
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Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
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Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
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Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
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