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Last week review

Politics Materials 11 June 2008 12:01 (UTC +04:00)

2 June

•SOCAR confirmed complex program on development of large oil and gas production department

•National Bank of Azerbaijan recommended large bank of Azerbaijan to increase capitalization

• Azerbaijan and Belarus signed two documents on business co-operation information exchange

•Japanese bank refused tax privileges within water project in Azerbaijan

3 June

•Caspian Oil and gas exhibition commenced in Baku

•Ministry of Finance allocated first tranche for Azerbaijan Mortgage Fund

•Government of Azerbaijan devised the project of order to increase criteria of need

•National Bank of Azerbaijan optimized structure of currency basket

•Azerbaijan Government changed composition of Collegiums of the Transport Ministry

•State Customs Committee of Azerbaijan submitted Government the project on 'single window' application

4 June

•President of Azerbaijan and Prime Minister met in Nakhchivan

• Ankara and Baku reached an agreement to supply Azerbaijani gas to Nabucco pipeline

•Capacity of large substation increased in Azerbaijan

5 June

•SOCAR and French Total Company signed an agreement on key commercial principles on development of a gas field in Caspian

•Representative of Intel Board of Directors arrived in Azerbaijan to study IT market

•State Customs Committee of Azerbaijan completed developing new Customs Code

•Government of Estonia approved project of Law on ratification of agreement on avoidance of double taxation with Azerbaijan

•Eight EITI report was announced in Azerbaijan

• Azerbaijan ordered a new oil tanker

6 June

•Ships of SOCAR completed installing marine platform in Turkmenistan

•International Bank of Azerbaijan signed a credit agreement with international syndicate of banks

•IFC commenced technical assistance to credit registry in Azerbaijan

7 June

• Azerbaijan's Cabinet of Ministers confirmed new regulations of several insurance agreements

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