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EU to support projects in Azerbaijan as part of unified digital market

Business Materials 4 March 2015 16:28 (UTC +04:00)

Baku, Azerbaijan, Mar.4

By Huseyn Veliyev - Trend:

Azerbaijan prepares projects in accordance with the requirements of HDM Initiative (Harmonizing Digital Markets of EU and Eastern Partnership countries), which will be submitted to the European Commission in order to obtain financing, the director of the Regional Information Technologies Academy (RITA) Tofig Babayev told Trend March 4.

He said that the projects are being prepared by RITA together with the ministry of communications and high technologies of Azerbaijan on six selected areas of HDM Initiative - e-customs, e-commerce, e-business, e-security, etc., which will be introduced in the country in the future.

"The priority projects will be submitted to the European Commission by the end of May," said Babayev.

Azerbaijan intends to take an active part in the formation of a unified digital market in accordance with the initiative of the European Union, he said.

HDM Initiative envisages the creation of a unified digital space, the digital market at a broad level, so that entrepreneurs could have a single numeric field for the trading and settlements.

HDM Initiative consists of 14 important aspects, including the creation of legislation, customs, software for trading and so on.

HDM Initiative includes countries of the Eastern Partnership (Belarus, Moldova, Ukraine, Azerbaijan, Georgia and Armenia).

Eastern Partnership is a project of EU, whose main objective is the development of integration ties between the EU and six former Soviet countries: Armenia, Azerbaijan, Belarus, Georgia, Moldova and Ukraine.

Relations between Azerbaijan and EU are based on the Partnership and Cooperation Agreement signed in 1996 in Luxemburg and entered into force in 1999.

Azerbaijan is also included in the EU Eastern Partnership program adopted on the initiative of Poland and Sweden and approved at the EU summit in Brussels in 2008. The program's aim is the rapprochement between the EU and Azerbaijan, Ukraine, Armenia, Moldova, Georgia and Belarus. It envisages a significant increase of the level of political interaction and large integration of former Soviet republics into the EU economy, increasing the volume of financial aid to them and strengthening energy security.

Edited by CN

Follow the author on Twitter: @h_veliyev

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