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
Rashad Najafli
Deputy head of the Economic analysis division
Azerbaijan: A Guarantor of Peace and Security in the South Caucasus
Isa Gasimov
Head of the “Enterprise Azerbaijan” portal
Transition to an Innovation Ecosystem: Azerbaijan’s Strategic Choice
Gultaj Ahmadzada-Tapdigzada
Head of Sector at the Monitoring and Evaluation Division
Strategic Targets of Azerbaijan’s Energy Transformation
Samir Rahimov
Leading consultant of the Monitoring and evaluation division
Improving transport infrastructure in Baku and surrounding areas - Global challenges and the role of the State Program
Agil Asadov
Head of the Strategic planning division
The strategic importance of the Middle Corridor: growth of investment along the Trans-Caspian route and Azerbaijan’s regional…
Isa Gasimov
Head of the “Enterprise Azerbaijan” portal
Research and Development (R&D) and Innovation: from Knowledge to Value, from Value to Capital
Rashad Najafli
Deputy head of the Economic analysis division
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