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Bill on Investment under Development in Azerbaijan

Politics Materials 6 March 2007 15:01 (UTC +04:00)

Azerbaijan, Baku / Trend , corr I.Alizade / The permanent parliamentary commission on economic policy is designing a draft law on Investments. MP Vahid Ahmadov, a member of the Permanent Parliamentary Commission on Economic Policy, stated that work on the draft law is presently in progress.

The draft law will likely be considered at the spring session of Parliament. However, should the work on the Bill not be finalized, it will be certainly be adopted at the next session of the Parliament, he stressed. At present the bill on Protection of Investments is under development.

Ahmadov noted that approval of the Bills will strengthen investments in the economy sector of Azerbaijan.

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