SOCAR and Eni Sign MoU on Energy Transition

Azerbaijani Economy Minister Mikail Jabbarov met on July 29 with Ali Kibar, Chairman of Turkish conglomerate Kibar Holding, to discuss strengthening bilateral cooperation, boosting investment in industrial production, and supporting partnerships in the energy sector.

The Cabinet of Ministers of the Republic of Azerbaijan has approved the application form specified in Article 30.1 of the Competition Code. This decision aims to align with the President’s decree No. 1051-VIQ dated December 2, 2023, and address regulatory requirements related to the implementation of the Competition Code.

Azerbaijani President Ilham Aliyev has issued a decree amending the Land Code of the Republic of Azerbaijan, effective January 2025. The legislative adjustments aim to refine the management and use of agricultural land and enhance regulatory processes.

President Ilham Aliyev of Azerbaijan has issued an order to expand the territory of the Sumgayit Chemical Industrial Park, as part of broader efforts to enhance the country's industrial capacity. The decision, guided by Article 109, paragraph 32 of the Constitution of Azerbaijan, aligns with the April 2023 presidential order focused on implementing a pilot project for drinking water production through sea water desalination.