Жаңалықтар

British magazine The Economist named Uzbekistan as the country of the year, while other candidates were New Zealand, Northern Macedonia and Sudan. According to the publication, Uzbekistan still has a long way to go, but in 2019 no other country has improved so far.

By a Decree of the President of the Republic of Azerbaijan dated October 23, 2019 the functions and institutional structure of the Ministry of Economy were expanded. Ministry of Taxes, State Committee on Property Issues, State Service for Antimonopoly and Consumer Rights Protection were included into the structure of the Ministry of Economy in the status of relevant public services.

On October 22, 2019, the President of the Republic of Azerbaijan adopted a new law "on Procedure for the use of the right of citizens of the Republic of Azerbaijan to legislative initiative" (Law).

By a Presidential Decree as of 28 November 2019, FIMSA was abolished and its property and powers including its functions and rights in the field of licensing, regulation and supervision of the financial services market, protection of the rights of investors and consumers of financial services have been transferred to CBAR.

Milli Majlis of the Republic of Azerbaijan (Parliament) has adopted a resolution addressed to the President of the Republic of Azerbaijan (President) requesting the parliament’s dissolution and holding early parliamentary elections.

GRATA International, a global network of independent law firms with leaders in their jurisdictions and united under a single brand, opens a representative desk in Frankfurt am Main, Germany.