The draft law "On the Securities Market" was held in coordination with government agencies and sent to the next stage of the domestic procedure.
As noted in the report on the activities of the State Committee for Securities in the first half of 2013, in parallel with this law a bill on changes to the section of the Civil Code was prepared, which regulates the relationship on the securities market. The work began on the 36 regulations arising from the draft law "On the Securities Market". These documents will be held by international experts. The work is supported by the specialists of the project "Modernization of the capital markets."
Contrary to the requirements of Art. 9.1.3 of the Constitutional Law of Azerbaijan "On Normative Legal Acts", the law "On securities market" is not made public for information resources no regulatory authority.
Earlier, the head of the SSC noted that adoption of the Law "On the Securities Market" is expected by the end of this year. - 08D-
Economics
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Azerbaijan’s economic growth is expected to continue in the coming years, although forecasts from ING Group and the United Nations (UN) present slightly differing views on the pace of recovery. ING Group, the largest banking institution in the Netherlands, predicts modest growth in Azerbaijan’s gross domestic product (GDP), while the UN offers a more optimistic outlook.
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The average age of taxi cars in Azerbaijan has dropped from 15 to 7 years, according to a statement from the Azerbaijan Ground Transport Agency (AYNA), which attributes this change to the implementation of reforms.
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Kazakhstan has bolstered its position in international grain markets by resuming exports to Iran and Azerbaijan, according to the country’s Ministry of Agriculture.
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In recent years, Azerbaijan has quietly fostered a vibrant startup ecosystem that is beginning to make waves on the international stage. From digital education platforms to innovations in agrotechnology, these startups reflect the country's growing embrace of technology and entrepreneurship. A combination of government support, international collaboration, and bold entrepreneurial vision has propelled several Azerbaijani ventures into the global spotlight.
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