On January 18 President Ilham Aliyev issued a decree on additional measures to promote investment to improve the business environment, increase industrial production. The decree approved rules for issuing documentation in the field of investment promotion. Ministry of Economy and Industry is in charge of one month to submit application forms on issue and receipt of documents.
The Cabinet of Ministers have been instructed to submit within three months proposals to bring this into line with the regulations of the decree issued by the president of the country. It is was also instructed to improve the legal laws and regulations, stemming from the decree.—0—
Economics
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Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
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Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
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The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
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There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
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