President Ilham Aliyev signed a decree on making changes in the II State Program of Privatization. The program includes a paragraph stipulating the nomination for the privatization of enterprises of standardization and metrology.
The right to the nomination of these enterprises for privatization belongs to the President.
The State Committee for Standardization, Metrology and Patents told Turan the decision is made to eliminate the conflict of interest, since the agency cannot deal with regulatory issues of standardization and metrology, and at the same time to carry out economic activities in these areas through belonging to it commercial structures.
This is the Experimental Test Center AzTEST LLC Azstandardinform at the Azerbaijan Institute of Standardization and Certification. --08D
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
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