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AHK Azerbaijan Newsletter | 19.04.2024
Membership Events | Market information | Visa support | Contact us
Table of contents:
 1. AHK Events
 2. AHK Azerbaijan informs
 3. News
 4. Tenders
 5. Useful Links 
                             AHK Events
AHK Bowling Challenge 2024                                                           

We are pleased to invite you to the 18th AHK Bowling Challenge, which will take place at Ontop Bowling Center (Ganjlik Mall) on Friday, April 26, 2024, at 18:30.

The tournament is not merely about bowling! It is a perfect opportunity for you and your colleagues to make new partners from the AHK Network and reunite with the old ones. Moreover, the winners will be awarded with the prizes.

The price includes:
2 rounds of bowling game, pizzas, salads and different snacks, as well as unlimited beer and soft drinks.

The participation fee is:
90 AZN per person for members.
110 AZN per person for non-members.

The deadline for registration and payment is April 23, 2024. (Single player or Team Registration - max. 6 participants)

Join us to spend a nice evening in a friendly atmosphere on April 26, 2024!

Big thanks to Sheraton Baku Intourist Hotel for their sponsorship of the AHK Bowling Challenge 2024 on April 26!
                      AHK Azerbaijan informs
Webinar: Discussion of the Competition Code                               
The law team of PwC Azerbaijan invites you to the first webinar that will take place within the framework of the preliminary discussion of the Competition Code. The first webinar will be devoted to market dominance and restrictive agreements.

Subtopics to be discussed:

Rules related to regulation of dominant position and relatively high market power (market share, definition of relevant market and substitutable products).

Cases of abuse of dominant market position and relatively high market power and legal consequences.

Definition, types, scope and exceptions of horizontal, vertical agreements and concerted practices restricting competition.

Legal consequences of agreements restricting competition.

Speakers:
Gulnar Zulfugarova - Legal Manager, PwC Azerbaijan
Nazrin Hagverdiyeva - Senior Legal Consultant, PwC Azerbaijan

Date: April 19, 2024 (Friday)
Time: 11:00-12:00
Language: Azerbaijani
Participation is free
Special offer from AccessBank CJSC for AHK Members               
We are pleased to share a special offer from AccessBank CJSC for AHK Azerbaijan Members supported by EDF Financial Products.

Check out the details below:
Registration launched for membership of the Migrant Council    
We inform you that for the purpose of more active involvement of migrants living in our country in migration management, increasing the efficiency of protection of their rights and freedoms, increasing the quality of services provided to foreigners and stateless persons, as well as assessing the impact of decisions made in the field of migration on the daily life of foreigners, the State Migration Service was established in 2022. It is planned to form a new composition of the Migrant Council.

Registration of candidates will be conducted from March 28 to April 22, 2024.

You can get more details through the link mentioned below.
                                  NEWS 
18.04.24 | POLITICS

Azerbaijan aims to increase utilization of electric vehicles

The Cabinet of Ministers, under the leadership of PM Ali Asadov, held a meeting on the implementation of measures arising from the decree of the President of the Republic of Azerbaijan on March 7, 2024, on stimulating the use of vehicles with electric motors, Trend reports.  

The Prime Minister opened the meeting and gave an update on the decree's provisions, their implementation status, and future assignments. Minister of Digital Development and Transportation Rashad Nabiyev and Deputy Energy Minister Samir Valiyev made reports.

The meeting discussed the issues of expanding the scope of application of vehicles with electric motors and charging points, creating necessary infrastructure in this sphere, improving normative legal acts to attract business entities to these works, and other necessary issues.

Following the results of the meeting, instructions were given to the relevant structures, considering the proposals put forward.

18.04.24 | POLITICS

Azerbaijani FM receives special representative of European Union

Azerbaijani Foreign Minister Jeyhun Bayramov has received EU Special Representative for Central Asia Terhi Hakala, Trend reports citing the Azerbaijani Foreign Ministry.  

The parties exchanged views on the current situation and prospects for relations between Azerbaijan and the EU, the role of Azerbaijan in relations between Central Asia and the EU, issues of cooperation within the framework of international platforms and formats.

The main topic of discussion was the agreements reached with the EU in the field of energy security, communications and transport, as well as relations with Central Asia within the framework of this.

The importance of the Memorandum of Understanding on a strategic partnership in the field of energy between Azerbaijan and the EU, which includes joint activities in the field of energy security, as well as the development of alternative energy resources, in cooperation in this area was emphasized.

During the meeting, the sides discussed the work carried out by Azerbaijan both in the Baku port and in the field of development of transport and communications.

The parties then exchanged views on other bilateral and regional issues of mutual interest.

18.04.24 | POLITICS

Azerbaijani FM, CICA SecGen go over COP-29 co-work prospects

Azerbaijan's Foreign Minister Jeyhun Bayramov and Secretary General of the Conference on Interaction and Confidence Building Measures in Asia (CICA) Kairat Sarybay have explored collaboration prospects at COP-29 (the 29th session of the Conference of the Parties to the UN Framework Convention on Climate Change), Trend reports via the Foreign Ministry of Azerbaijan.  

The parties also addressed potential goals and preparations for Azerbaijan's chairmanship of the CICA in 2024-2026, existing activity within the organization, and future prospects.

Sarybay praised Azerbaijan's consistent active participation in the CICA framework and expressed heartfelt congratulations on the country's chairmanship.

The secretary general emphasized Azerbaijan's positive attitude toward transportation and environmental concerns, which are currently among the most crucial to the CICA.

During the meeting, the parties discussed the CICA's transformation, the organization's focus on issues of mutual interest and current challenges, preparation for the ministerial meeting chaired by Azerbaijan, the upcoming summit, and regional issues.

This November, Azerbaijan will host COP29. This decision was made at the COP28 plenary meeting held in Dubai on December 11 last year. Baku will become the hub of the world to receive circa 70,000–80,000 foreign guests.

18.04.24 | GREEN ECONOMY

Azerbaijan, EBRD moot priority areas of cooperation

Azerbaijan's Energy Minister Parviz Shahbazov discussed potential projects for the European Bank for Reconstruction and Development (EBRD) during a meeting in Abu Dhabi with Grzegorz Zieliński, director of the EBRD's European Energy Group, the statement of Azerbaijan's Energy Ministry said, Trend reports.  

"The meeting discussed priority areas of cooperation with the EBRD in the energy sector, in particular the possibility of the bank's support of the Energy Efficiency Fund in Azerbaijan and the implementation of pilot projects in the field of energy efficiency," the statement noted.

The discussions were also held on the creation of the Azerbaijan (Nakhchivan)-Türkiye-Europe energy line, projects of the green energy corridor Caspian-Black Sea-Europe, the connection of 1 GW of solar-wind power plants to the network, as well as cooperation issues related to the modernization of the energy system.

"During the conversation, the sides also assessed the situation with the preparation of a draft law on modernization in the power sector within the framework of the joint project with the EBRD Support to the Energy Regulatory Agency. The parties also discussed the action plan for the energy sector within the framework of the upcoming COP29," the statement of the Ministry of Energy emphasized.

Additionally, it was highlighted that Azerbaijan's transition to green energy is aided by collaboration with the EBRD on enhancing the potential of renewable energy sources, a low-carbon economy, and the financing of Garadagh HPP.

18.04.24 | GREEN ECONOMY

Czech Republic, Azerbaijan can co-op in construction of small HPPs – ministry

The Czech Republic and Azerbaijan can cooperate in construction of small hydroelectric power plants, a source in the Ministry of Industry and Trade of the Czech Republic told Trend.
 

"To focus on cooperation between the Czech Republic and Azerbaijan in the respective areas, several key measures and mechanisms are being explored. The signing of the Czech-Azerbaijani Agreement on Cooperation in Energy has laid the groundwork for future collaboration. The inaugural meeting of the Joint Working Group in March 2023 serves as a suitable platform for further developing this cooperation. Joint seminars, conferences, and forums facilitate networking between business entities in the energy sector, providing opportunities for training and developmental programs," said the source.

The source went on to add that the Czech Republic is prepared to share its expertise and technologies in renewable energy, including bioenergy and waste utilization.

"Collaboration may involve the construction of small hydroelectric power plants and support for Azerbaijan's State Program on the use of alternative and renewable energy sources. Prospective cooperation in developing hydrogen and green ammonia production and usage, together with the exchange of experiences in crafting hydrogen strategies, provides further space for our collaboration. We will have an opportunity to address the main measures that would help us do so at the Baku Energy Week in June this year," noted the source,

The source said cooperation between the Czech Republic and Azerbaijan in the energy sector is developing positively, with both countries focusing on strengthening cooperation in renewable energy sources and low-carbon technologies.

"Their shared interest in diversifying energy supplies and developing new projects in the energy sector underlines the importance of this bilateral cooperation for energy security and sustainable development. The Czech Republic's support for the import of oil and gas from Azerbaijan reflects strategic efforts to diversify supply routes and sources. In addition, both parties are interested in innovation and technological progress, including cooperation in areas such as hydrogen and green ammonia," added the source.

Azerbaijan's total installed capacity of renewable energy sources currently stands at 1,688 MW, or 20.3 percent of the country's total power grid capacity.

Azerbaijan has intensified its renewable energy activities, adding 363 MW, including through solar energy (230 MW Garadagh NPP) and hydropower. The country is moving towards the goal of achieving a 30 percent share of renewable energy in the energy balance by 2027.

The latest report by the International Renewable Energy Agency (IRENA) showed an impressive build-up of 3,870 GW of renewable energy in the global energy mix, of which 1,454 GW is in China.

Azerbaijan produced 2.116 billion kilowatt-hours of electricity (almost 10 percent of the total electricity generation) through renewable energy in 2023.

18.04.24 | ECONOMY

AZAL and DFS Aviation Services agree to modernize Laçin airport

At the esteemed Passenger Terminal Expo 2024 in Frankfurt, Farkhan Guliyev, Director of Azeraeronavigation Air Traffic Department (AZANS) of Azerbaijan Airlines CJSC (AZAL), and Andreas Poetzsch, Managing Director of DFS Aviation Services, entered into a contract to further their collaboration.

 

DFS Aviation Services, which is member of DFS Group, is a global leader in aeronautical services and a major supplier based in Germany.

This signed agreement involves equipping Laçin International Airport with the advanced Phoenix air traffic control system. This move underscores AZAL's dedication to ongoing development and enhancement of service quality.

The Phoenix system, known for its efficiency and reliability, is currently operational at six AZANS control towers of Azerbaijan airports, including the newly established towers in Füzuli and Zəngilan airports. It also serves as a backup system for the Azeraeronavigation Main ATC Center.

Under this fruitful partnership, AZANS and DFS Aviation Services are implementing various initiatives. A collaboration of AZANS and the National Aviation Academy of Azerbaijan is establishing a training centre for air traffic controllers in Azerbaijan, which will be equipped and complemented by training material and standards of DFS Aviation Services.

                               TENDERS
18.04.24 | TENDER

Azerbaijan's State Reserves Agency announces tender to attract insurance services

The State Reserves Agency of Azerbaijan announces a tender for the purchase of motor vehicle insurance services.

 

The cost of participation in the procedure is 16.55 manat (9.7 USD).

Those wishing to participate in the tender must submit their proposals by 15:00 (GMT+4) on May 8, 2024. The opening of the tender packages will take place on May 8, 2024, at 15:00 (GMT+4).

Additional Information: Telephone number: (+99412) 210-01-95 (internal: 2284); Contact person: Emin Ibrahimli; Email: emin.ibrahimli@dea.az; Address: 152 Heydar Aliyev Avenue, Chinar Plaza Business Center, Baku city.

 1 USD - 1.7000    |  
1 EUR - 1.8152   
1 RUB - 0.0180   |
1 TRY - 0.0523
All events
                          USEFUL LINKS

Linkicon  Wirtschaftsdaten kompakt - Aserbaidschan, December 2023

Linkicon AHK World Business Outlook, Fall 2023

Linkicon  DIHK Economic Survey, Fall 2023

Linkicon  AHK Human Resources Insights: March 2024
  

Linkicon  Enviroment and Water Resource Protection: July 2023

Contact person 

Zinyat Amirova
Market Analysis and Communication Department
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Sources:
1. AHK Azerbaijan
2. Trend News Agency
3. Central Bank of the Republic of Azerbaijan 
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