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Account Chambers of Russia and Azerbaijan decided on simultaneous checkups

Business Materials 12 June 2006 14:52 (UTC +04:00)

Chambers of Accounts of Russia and Azerbaijan came to the agreement on simultaneous control audits of execution of intergovernmental agreements on trade and economic cooperation.

Trend reports with reference to Chambers of Accounts of Azerbaijan, the issues to get examined by Azeri party include the analysis of the course of the program approved by Intergovernmental Commission for economic cooperation, analysis of forecasted figures of trade and economic relations between the two countries till the year 2010 and so. Simultaneous actions are scheduled to complete till November 2006.

In the course of preliminary consultations it was said that parallel audits performed within the limits of the countries legislation will raise the efficiency in solving the issues regarding performing financial review of international agreements and contracts, regulatory and other acts.

The message says also the information exchange is performed upon the parties mutual agreement and they will lead coordination meetings if necessary. By the totals of these meetings, protocols or other documents will be signed and specific decisions made.

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