The Board of the Ministry of Communications and Information Technologies of Azerbaijan has approved the "Rules for the Implementation of control in the fight against the laundering of money and property derived from criminal activity and the financing of terrorism" by the national postal operator (OOO "Azerpoct") .
According to the rules published on the website of the state register of legal acts (http://e-qanun.az/print.php?internal=view&target=1&docid=25832&doctype=0), supervision of compliance with the said organization of legal requirements in this area is carried out by the cameral and on-site inspections.
In this case, a desk audit may be conducted no more frequently than once a year, on-site inspection - no more than once every three years. The rules also define the procedure for preparing and conducting inspections.
Recall that the first post office opened in Azerbaijan in 1818 in the city of Ganja.
Production Association "Azerpoct" founded September 29, 1999.
In April 2010, the Central Bank of Azerbaijan gave him a limited license (without the right finance) on the provision of banking and financial services.
Today, it brings together 74 branches and node 144 postal agencies, 1513 post offices. - 17D-
Economics
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Azerbaijan’s economy, which is heavily dependent on oil revenues, faces a stark warning in the 2021 report by Carbon Tracker titled “Beyond the Oil States: The Urgent Need to Reduce Dependence on Oil in the Context of the Energy Transition.” The report ranks Azerbaijan among the most vulnerable oil-dependent countries, placing it in the "5th group" — a category reserved for nations expected to experience a decline in oil and gas revenues exceeding 40% over the next decade. This group includes Angola, Bahrain, Timor-Leste, Equatorial Guinea, Oman, and South Sudan, highlighting shared economic risks for these states.
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Azerbaijan's non-oil and gas exports rose 3.5% year-on-year to $2.8 billion during the first ten months of 2024, the Center for Analysis of Economic Reforms and Communication (CAERC) reported in its November "Export Review."
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Azerbaijan Railways CJSC (ADY) will modify the schedules for commuter and domestic trains in line with the Cabinet of Ministers' decision to adjust work and rest days in November, aiming to ensure safe and comfortable travel during the COP29 event, the company announced.
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