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Investment funds to be set up in Azerbaijan

15 September 2011 10:47 (UTC+04:00)
Investment funds to be set up in Azerbaijan

BAKU – Investment funds will begin to be established in Azerbaijan soon, considering great public interest taken in such entities, deputy head of the State Securities Committee has said.

Ilgar Muradov told reporters that a number of major foreign companies have sought to set up such funds in the country as well.

"The required legislative framework has been fully formed in Azerbaijan for the establishment and operation of investment funds," he added.

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