The draft law "On securities market" is at the stage of coordination of ministries and departments, and I hope he is the submission to the Cabinet of Ministers and the Presidential Administration, will be included in the agenda of the autumn session of the Milli Majlis, the Chairman of the State Committee for Securities Rufat Aslanly told Turan.
Regarding other bills designed to the SSC, with the participation of international experts, Aslanly said that most of them are located in the Office of the President, and some - in the Cabinet of Ministers. These are two bills on amendments to the Civil Code and the amendments to the Code of Administrative Violations. The corporate community is waiting for the adoption of these laws, the third year.
Work on improving the legal framework of the securities market continues, and since the beginning of this year, 10 were approved regulations Aslanly said. - 08B-
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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