The claim of Barmek Holding to the International Court has not been registered as yet, Azerbaijani Minister of Economic Development Heydar Babayev told on September 26, Trend reports.
The subject of the claim of Barmek Holding claims that the Azerbaijan government should compensate them with $291,000,000 which was invested in Baku energy networks.
The court has questions to present to Barmek. Our lawyers will work on the case as we consider that the registration should not be made. But in principle, everything depends upon the resolution of the court. We will try to prevent the registration because, according to the legislation of Azerbaijan, the claim should be considered in the local court first and then passed outside the country which is what we want to achieve. the Minister emphasized.
In addition, Babayev clarified the court examination between the Ministry of Economic Development and Barmek that was considered in the Azerbaijan Economic Court.
This issue is linked without direct actions in relation with Barmek termination of payments from the accounts of the company. Our claim has been ensured and the amount of more than AZN 10,000 should be transferred from Barmek to the Ministry of Economic Development, and the banks may make payments only with our permission, Babayev stressed.