Impact of the Competition Code and the New Law on State Procurement on Azerbaijan's Business Environment
This review discusses the impact of the newly adopted Competition Code and the Law on "State Procurement" on Azerbaijan's business environment. The Competition Code, effective from July 2024, introduces new regulations to foster fair competition, enhance market efficiency, and encourage investment. It includes concepts such as coordinated actions, dominant market players, and the influence of subsidies on competition. The new State Procurement Law, effective from January 2024, aims to streamline procurement processes by introducing full electronification, optimizing timelines, and improving state control. It emphasizes competitiveness, transparency, and the prevention of the shadow economy, while also introducing innovative procurement tools and sustainability criteria. Together, these legislative changes create a more favorable environment for business development in Azerbaijan.
https://ereforms.gov.az/files/review/pdf/en/57415fa0815ad55e209eb2d021b6bf55.pdf
Op-eds
Aykhan Gadashov
Head of the Azexport portal
Azerbaijan and Great Britain: New Economic and Political Horizons of a Strategic Alliance
Abdulrahim Dadashov
Deputy head of the Monitoring and evaluation division
Reforms in the area of construction permits contribute to improving the quality indicators of the business environment
Ilyas Huseynov
Head of the Turkic World Research Center
Azerbaijan’s Chairmanship of the OTS: Deepening Economic and Trade Cooperation and Strengthening the Regional Economic Power…
Isa Gasimov
Head of the “Enterprise Azerbaijan” portal
New Opportunities in Technology Parks: Commercialization and Export of Innovations
Abdulrahim Dadashov
Deputy head of the Monitoring and evaluation division
The establishment of the Karabakh National Park creates new opportunities for ecological restoration and sustainable tourism…
Sevinj Jabbarova
Leading consultant of the Monitoring and evaluation division
New Pharmaceutical Manufacturing Facility Opens New Opportunities for the Development of Local Pharmaceutical Industry
Tarana Salifova
Advisor to the Executive Director of the CAERC
The Great Return at a New Stage: Sustainable Settlement and Economic Development