Last week review (18.10- 22.10.2010)

18 October

•    The project presented by Azerbaijan in TRACECA investment forum attracted attention of investors
•    Activities of four pharmaceutical firms were suspended in Azerbaijan

19 October

•    A ban has been imposed on construction of high-rise building in the center of Baku
•    Azerbaijani President received delegation headed by U.S. Treasury Undersecretary
•    Azerbaijani President signed an order awarding employees of State Statistics Committee
•    Two new standards on inspection of cement quality were approved in Azerbaijan

20 October

• The Cabinet of Ministers conducted an extended meeting on the socio-economic development of Azerbaijan over 9 months
• Azerbaijan and France discussed prospects for cooperation in taxation
• Action Plan has been approved for the Ministry, under which the country will have expanded range of electronic services in the tax field
• Azerbaijani Cabinet of Ministers approved the terms of subway use
• President of Azerbaijan adopted amendments to Law on State Duties


21 October

• Baku hosted 3rd International Conference of the CIS countries 'Financial institutions - the basis of structural modernization of the economies of the CIS member states "
• International Bank of Azerbaijan and Belarusbank signed a framework agreement
• "Azerbaijan Railways received five locomotives repaired in the Czech Republic
• CBA tightens approach to regulation of systemically important banks
• CBA determined basic directions for maintaining the stability of the banking system
• Azerbaijan and Austria signed a protocol that defines the status of cooperation in several sectors of economy
• Azerbaijan Mortgage Fund announced that next bond placement
• Azerbaijan adopted minimum requirements for preparation of a control system to combat financing of terrorism


22 October

•    WB approved new strategy of cooperation with Azerbaijan in 2011-2014
•    Azerbaijan Parliament adopted 2011 Public budget
•    First laboratory on inspection of genetically-modified products started to functioning in Azerbaijan  
•    Technical committee on construction sector was created in Azerbaijan  

Vaezi: Legal proceedings underway to receive South Korea's debts
Vaezi: Legal proceedings underway to receive South Korea's debts
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Iran, Russia seeking to expand scientific cooperation
Iran's plan to develop paddy fields fails, farmers demand compensation
Iran's plan to develop paddy fields fails, farmers demand compensation
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