Dec. 20
• Central Bank of Azerbaijan allocated third direct credit
• Azerbaijan adopted rules to eliminate expired personal data
• Azerbaijan and Lithuania discussed improvement of Azerbaijani legislation
• Azerbaijan conducted regional seminar on combating counterfeit banknotes
Dec. 21
• Azerbaijan and Russia signed action plan to combat customs offenses for 2011-2012
• Azerbaijan Deposit Insurance Fund is prepared to transfer funds to management of foreign managers
• Azerbaijan discussed use of radio networks, simultaneous audio broadcasting
• CBA held seminar to strengthen capacity of banks in risk management
• Azerbaijan business people received preferential loans worth over 133 million manat
Dec. 22
• Azerbaijan established legal framework to start trading with a new tool for stock market
• Terms of car loans were mitigated in Azerbaijan
• Foreign exchange operations on Forex were transferred to banks in Azerbaijan
• Azerbaijan and UAE held talks on draft agreement on cooperation in customs sphere
Dec. 23
• Ministry of Taxes and CBA created a working group to eliminate cash payments of taxes and state fees
• Belarus and Azerbaijan intend to increase joint production
• Azerbaijan presented a new banking product to promote cashless payments
• Baku Stock Exchange hosted discussions with banks over transactions with government and mortgage bonds
• Azerbaijan and Poland reached an agreement on cooperation in securities market
Dec. 24
• Azerbaijani Cabinet of Ministers approved charter and structure of Azerkosmos
• First stage of negotiations to create a consortium for East-West information superhighway completed