On the basis of the Azerbaijani Institute for Standardization and Certification the Technical Committee on Road Transport Standardization (TC 19) has been established.
Activities of TC 19 are standardized with parameters of the Technical Committee for Standardization of Road Transport ISO / TK 22, which is an international standards body, the State Committee for Standardization, Metrology and Patents told Turan.
The chairmanship of TC 19 has been assigned to the Sumgait Technologies Park. The TC also includes representatives of the Ministries of Transport, Economy and Health Care, the State Customs Committee, the State Traffic Police, Azerbaijan Technical University, JSC Azeravtoyol, and the Ganja and Nakhchivan automobile plants.
This technical committee in addition to the development of national standards will also take part in the vote on the adoption of international and regional standards for road transport on behalf of Azerbaijan. ----08D
Economics
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Azerbaijan Caspian Shipping Company (ASCO) has resumed regular cargo and passenger transportation after severe weather conditions disrupted operations in the Caspian Sea, the company said on Monday.
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Azerbaijan can overcome the so-called "middle-income trap" by increasing investments, improving the investment environment, and enhancing knowledge and skills, Deputy Minister of Economy Samad Bashirli said in Baku at the presentation of the World Bank’s Global Report World Development Report – 2024 (WDR).
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Countries in Europe and Central Asia must not only attract investment but also actively adapt and disseminate technology to ensure sustainable economic growth, according to Ivailo Izvorski, Chief Economist for the region at the World Bank. Speaking at the presentation of the World Development Report 2024, Izvorski highlighted structural issues that are slowing down private sector development.
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Azerbaijan is now among 54 middle-income countries, said Shahmar Movsumov, Head of the Department for Economic Affairs and Innovative Development Policy at the Presidential Administration, during the presentation of the World Bank’s World Development Report 2024 in Baku.
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