Instruction on the promotion of non-oil exports
On 18 January President Ilham Aliyev signed a decree on the promotion of non-oil exports in order to increase the production and export of competitive products. The Cabinet of Ministers was commissioned to prepare within a month draft documents to ensure that the mechanism of the return of the funds from the export of agricultural products and products of its processing. The government mandated to fund a series of events for the promotion of export activities.
The document also provides for the preparation of proposals for the provision of additional benefits on loans granted from the National Fund for Entrepreneurship Support. The Ministry of Economy is in charge to study within two months the possibility of creating logistics centers in potential export markets Azerbaijani goods, and develop a portal database on the export of goods. -08D-
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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