President Ilham Aliyev has signed an Order approving the “National Action Plan for the Development of Competition and Prevention of Monopolistic Activities for 2027–2029.”

The main objective of the National Action Plan is to strengthen the free competition environment, prevent monopolistic activities, expand business and investment opportunities, and ensure the sustainable development of the national economy and its preparedness for global challenges.

The coordination of the implementation of the measures envisaged in the National Action Plan has been entrusted to the State Agency for Antimonopoly and Consumer Market Control under the President of the Republic of Azerbaijan. The Agency will submit information on the implementation status of the measures to the President of the Republic of Azerbaijan once a year.

According to the Order, monitoring and evaluation of the measures envisaged in the National Action Plan will be carried out by the Center for Analysis of Economic Reforms and Communication at the request of the State Agency for Antimonopoly and Consumer Market Control under the President of the Republic of Azerbaijan.

The Cabinet of Ministers of the Republic of Azerbaijan has been tasked with resolving other matters arising from the document.