In March of this year, a single information portal permits (www.icazeler.gov.az) was attended by around 14 million Internet users.
According to the Ministry of Economic Development, to the appropriate page (http://www.economy.gov.az/index.php/az/ministry/press/news/1110-icazeler-gov-az-117-min) came not only local users, but more than 130 people from the territory of Germany, Turkey, the United States, Russia, Britain, Georgia, Ukraine, Czech Republic, Luxembourg, France, Austria, Denmark, China and Finland. Overall, since the launch of the portal he was visited 117 million times.
It was reported that this portal should reduce administrative barriers to business development, the application of developments in the field of ICT, the creation of advanced information systems, greater transparency.
The website contains all the information concerning the conditions for obtaining licenses and permits for each activity.
In addition, the entrepreneurs through the site have the opportunity to see the projects of individual regulations, which are prepared by the concerned government agencies and the licensing and placement. Drafts of these documents will be posted on this website and businesses can give their suggestions and comments.
Presentation of information and administrative portal www.icazeler.gov.az held in mid-March last year. - 17D-
Economics
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Azerbaijan’s economy, which is heavily dependent on oil revenues, faces a stark warning in the 2021 report by Carbon Tracker titled “Beyond the Oil States: The Urgent Need to Reduce Dependence on Oil in the Context of the Energy Transition.” The report ranks Azerbaijan among the most vulnerable oil-dependent countries, placing it in the "5th group" — a category reserved for nations expected to experience a decline in oil and gas revenues exceeding 40% over the next decade. This group includes Angola, Bahrain, Timor-Leste, Equatorial Guinea, Oman, and South Sudan, highlighting shared economic risks for these states.
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Azerbaijan's non-oil and gas exports rose 3.5% year-on-year to $2.8 billion during the first ten months of 2024, the Center for Analysis of Economic Reforms and Communication (CAERC) reported in its November "Export Review."
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Azerbaijan Railways CJSC (ADY) will modify the schedules for commuter and domestic trains in line with the Cabinet of Ministers' decision to adjust work and rest days in November, aiming to ensure safe and comfortable travel during the COP29 event, the company announced.
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In Azerbaijan, the government has increasingly relied on tax exemptions for imported goods as a tool to stabilize domestic market prices. The exemption from the 18% VAT on wheat imports, extended this year, exemplifies this approach. New measures have also been introduced, including tax relief on imports of electric vehicle chargers, while exemptions for high-cost medications are currently under discussion. Notably, defense imports continue to be free from taxes and customs duties.
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