Global standards for local ICT
Standards ISO 27000 "Information Security", ISO 20000 "Systems of information technology management" and ISO 22301 "Stability processes" will be applied in the field of ICT.
This topic will focus on the international forum in Baku October, said the press release from the State Committee for Standardization, Metrology and Patents. Organizers of the event will be the Institute of Standardization and Certification of Azerbaijan together with the British Standards Institute.
The main objective of the forum is use in Azerbaijan of the international ISO standards in this area, to identify opportunities to integrate standards into existing sphere.
The forum will include presentations by representatives of leading Russian telecommunications companies and the British Standards Institute. --17D-
Economics
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On January 30, Azerbaijani President Ilham Aliyev has signed a decree approving the State Program for the Improvement of Transport Infrastructure in Baku and Surrounding Areas for 2025-2030, aiming to modernize the capital’s urban mobility and reduce congestion, the presidential press service said on Tuesday.
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Goldman Sachs has revised its oil price forecasts, raising its projections for Brent and Azeri Light crude by $2 per barrel for both 2025 and 2026, setting the estimate at $78 per barrel. The adjustment reflects expectations of tighter supply conditions driven by geopolitical risks, including U.S. sanctions affecting Russian oil production and potential future restrictions on Iranian crude exports.
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Azerbaijan Railways (AZD) has launched rail transit shipments from Zira Port, located 45 kilometers east of Baku, strengthening the country's position as a logistics hub on the Middle Corridor.
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Azerbaijan’s state-owned electricity producer, Azerenergy, is advancing the construction of six hydroelectric power plants (HPPs) in the Kalbajar and Lachin districts as part of the country’s efforts to expand its renewable energy capacity. The plants, with a combined capacity of 37.5 megawatts (MW), are expected to be commissioned in the first half of 2025, according to the company.
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