Azernews.Az

By Nazrin Gadimova

Azerbaijan's Economy and Industry Ministry has prepared a package of proposals in the presidential decree "On additional measures for the development of entrepreneurship".

This was announced by the Minister Shahin Mustafayev in an interview published on March 13.

The minister said a package of proposals - being prepared based on the most advanced and progressive experience - will be submitted to the relevant authorities in the near future.

In accordance with the presidential decree, the ministry was entrusted to prepare proposals for the electronic registration of persons engaged in entrepreneurial activities using the principle of "one window". Proposals was also supposed to include simplification of procedures and shortening the issuance of building permits, organization of receiving e-form documents, reducing the time, costs and procedures in this area, improving institutions affecting the lending process, as well as reducing the number of documents, terms and costs in import-export operations.

"The presidential decree is a real road map for the implementation of important measures to improve the business environment, to upgraded it on the basis of the most progressive experiences, and to provides opportunity for business development in the coming years," Mustafayev said.

"Researches have been conducted to improve the business and investment environment in the country, and models were analyzed in each direction in line with the decree."

To this end, Mustafayev said the country has studied the experience of New Zealand in business registration and protection of investors, Hong Kong's experience in obtaining building permits, Iceland's - in connection to electricity networks, Georgia's - in the state registration of property rights, Malaysia's - in loan issue, Singapore's - in import-export operations and Japan's - in liquidation of enterprises.