The forms of licenses approved
On 5 August the Cabinet approved form of license blanks of the general license, and specific licenses and their applications. The government also approved the procedure for issuing orders for production and distribution, the use of accounting and reporting license forms. The list of licensed activities was approved on April 20 this year. Total, 29 kinds of activities should be licensed. On 15 March, this year the parliament passed a law on "Licenses and Permits". In Azerbaijan licenses are issued by the Ministry of Economy "ASAN Xidmet". 08D
Economics
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Azerbaijan’s Cabinet of Ministers approved a detailed framework for the preparation of sector-specific strategic plans aimed at guiding the country’s economic development over the medium term.
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Azerbaijan’s ADY Express, a subsidiary of Azerbaijan Railways CJSC, signed several strategic agreements on the sidelines of the Logitrans Türkiye 2024 exhibition in Istanbul, Turkey, reinforcing its commitment to expanding freight transport services along the Middle Corridor.
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Azerbaijan plans to establish state-of-the-art battery storage facilities for green energy with a total capacity of 350 MW within the next 4-5 years, a well-informed source in the Ministry of Energy told Turan.
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Shareholders of the Caspian gas condensate "Absheron" project plan to approve the Front End Engineering Design (FEED) in December, laying the groundwork for full-scale development of the field, an informed source told Turan.
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