The Azerbaijan State Agency for Copyright believes that the suspension of 2-year inspections of businesses also touches inspections in order to identify the facts of using counterfeit software.
The reason is that under the relevant law in effect from November 1, exceptions are checking on the basis of the facts of threats to human life and health, national security and economic interests.
The agency is working closely with Microsoft on the issue of the protection of intellectual property rights, holding regular meetings with the leadership of this company. The world's giant largely assists the agency for the legalization of the software used in universities, banks and other structures of the country.
Earlier, both sides declared the beginning of anti-piracy raids in January next year, and trainings were arranged for the employees of the Interior Ministry of Azerbaijan, whose participation in the operations is envisaged. This will help them identify counterfeit and unlicensed software. --- 17D-
Economics
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Rice imports to Azerbaijan have soared to unprecedented levels during the January-November 2024 period, reflecting both rising domestic demand and increasing global food prices. Over this period, the country imported 60,400 tons of rice, marking an 18.6% increase in volume and a 35.3% rise in value compared to the same period in 2023.
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Over 17,750 life insurance contracts and 40,661 property insurance contracts were signed through Azerbaijan’s Mortgage and Credit Guarantee Fund (MCGF) between 2022 and 2024, reflecting the growing role of the Fund in strengthening the housing finance and insurance markets. These figures were revealed by Rasim Abdullayev, Director of the Mortgage Lending Department at MCGF, during the seminar "Tools for Supporting Housing Finance and Entrepreneurship."
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The value of paid services provided to the population in Baku reached 6.94 billion manats in the first eleven months of 2024, reflecting a real-term increase of 9.2% compared to the same period in 2023, according to data from the Baku City Statistical Department.
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According to data from the Baku City Statistical Department, the retail trade turnover in Azerbaijan’s capital, Baku, increased by 5% year-on-year from January to November 2024, reaching 31.6 billion manats. This growth reflects the steady recovery of the economy and consumer confidence amid broader market stability.
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