Baku, Azerbaijan, Oct. 28
Trend:
The Chairman of the Azerbaijani State Committee on Property Issues Kerem Hasanov participated in the event organized by the American Chamber of Commerce in Azerbaijan (AmCham) and delivered a speech on the current stage of privatization process in the Republic and its future prospective.
Such kind of events in luncheon format are organized monthly by the Chamber with participation of ministers of the Azerbaijan Republic, chairmen of Committees, members of the Azerbaijani Parliament, directors of various governmental institutions and other people holding high positions.
Invited guests and speakers deliver presentations and insights on issues actual for Azerbaijani society and business and Chamber members, answer questions and exchange opinions.
In the frame of the official part of the meeting dedicated to privatization of state property, Hasanov made a presentation on economic reforms in the country, progress in privatization process, innovations and online services in management and registration of real estate, as well as future prospects.
History of privatization process in Azerbaijan, difference in specifications of local legislative acts from the programs in other countries, the role of the nationwide leader of the Azerbaijan Republic Heydar Aliyev in the commencement and sustainability of privatization process, key achievements, current problems and future perspectives were presented in details.
Moreover, Hasanov provided comprehensive information on the decrees of President of Azerbaijan Republic Ilham Aliyev on commencement of new strategical stage of privatization, new fields and enterprises opened for privatization, involvement of foreign investors, supporting of non-oil sector by this way, as well as cooperation opportunities with consulting companies.
Participants demonstrated great interest to the presentation of Hasanov and answered questions on legal procedures of participation of foreign investors in privatization, guarantee for investments, concessions and privileges applied for foreign investors, and the role of influential consulting companies. Meetings of this kind with local and international businessmen are planned to be organized continuously.
Following the speech of Hasanov, the Chairman of AmCham Ilqar Veliyev expressed his gratitude to him for participating in business luncheon and in-depth comprehensive presentation on privatization issues. He also noted that implementation of the current projects and events has been planned for the near future by the State Committee on Property Issues and will always be in attention of AmCham members. At the end, Valiyev again thanked the Chairman of Committee for effective cooperation.
