The law "On the State Register of real estate" will correspond to the Code of Urban Planning and Construction of Azerbaijan to facilitate the registration of private housing up to 12 meters high.
The owners of private land were supported in the Committee of Milli Mejlis on Economic Policy, Enterprise and Industry. The new version of the law was proposed to the plenary MM session.
The essence of the legislative regime is that housing with a height of less than 12 meters on a private plot of land is registered on the basis of a single document confirming the land ownership.
Recall, the Urban Planning Code entered into force on 1 January 2013. --17D-
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
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