The Economic Policy Committee of the Milli Majlis proposed draft amendments to the legislation to simplify the process of real estate registration for the spring session of the Milli Majlis (MM).
They plan to make amendments to the law "On the State Register of Real Estate", "On privatization of housing stock" and the Civil Code of the Azerbaijan Republic. According to the authors, the changes involve the recognition of real estate documents issued since the adoption of the Law "On State Register of Real Estate" in 2004, before its entry into force in July 2006.
In addition, the changes are designed to solve the problems of citizens who were allocated property of public housing in the Soviet era, and who were issued orders without warrants, as well as members of collective dacha farms.
With regard to the Civil Code, they will try to link it to the paragraphs of the Code of Construction and Urban Development on the construction of houses up to 12 meters high. --17D-
Economics
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The State Oil Company of Azerbaijan (SOCAR) and Italy's Eni S.p.A. have signed a Memorandum of Understanding (MoU) focused on energy transition. Azerbaijani Economy Minister Mikail Jabbarov announced the agreement on his account on the social network "X".
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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.
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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.
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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.
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