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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Azerbaijani Economy Minister Mikail Jabbarov and Belarusian Deputy Foreign Minister Igor Nazaruk have met to discuss the creation of joint production enterprises as part of a broader effort to strengthen economic ties between their countries.
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Azerbaijan, Georgia, Romania, and Hungary have signed a joint stock agreement in Bucharest on Tuesday to establish a joint venture (JV) for the implementation of the Black Sea Submarine Cable (Black Sea Energy) project. The initiative aims to create a green energy corridor connecting Azerbaijan to Europe.
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The revenues of the State Oil Fund of the Republic of Azerbaijan (Sofaz) from the “Azeri-Chirag-Gunashli” (ACG) field block decreased by 9.6 percent during the first eight months of this year, according to data published by Sofaz.
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Azerbaijan's Agrarian Subsidy Council has announced the new crop coefficients, seed and seedling quotas, and planting requirements for 2025, in a decision aligned with the "Rules for Subsidizing Agricultural Production" as per the Decree of President Ilham Aliyev issued on June 27, 2019.
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