In Azerbaijan, it is necessary to simplify the reporting system for small entrepreneurs in order to increase the level of voluntary compliance with tax regulations, Azerbaijani Minister of Taxes Mikayil Jabbarov said at an expanded meeting of the board, Trend reports Feb. 14.

“Azercell Telecom” LLC, the company which constantly supports professional and individual growth of the youth and contributes to the development of education in Azerbaijan under the Corporate Social Responsibility Strategy, supported a new project within the confines of the program of the Ministry of Education’s SABAH Career Academy.

Food producers in Azerbaijan will be committed to recall their products from the markets if they were positive to any detect harmful substances, Elkhan Mikayilov, adviser to the chairman of the Food Safety Agency, told reporters in Baku, Trend reports Feb. 14.

As many as 15,627 farmers in 23 Azerbaijani districts (cities) will receive subsidies worth 23,038,900 manats for 230,400 tons of raw cotton in Azerbaijan, Trend reports with reference to Azerbaijan’s Agriculture Ministry.

The State Statistics Committee has published last year’s data on fish farming and issued fishing quotas.

Turnover of securities at the Baku Stock Exchange (BSE) amounted to 204.73 million manats on Feb. 13, Trend reports referring to the BSE.

The institute of tax ombudsman will be created in Azerbaijan, Taxes Minister Mikayil Jabbarov said at an expanded meeting of the board of the Taxes Ministry, Trend reports Feb. 14 with reference to the ministry.

Azerbaijan’s Food Safety Agency offers private businesses to conduct examination of food products, Goshgar Tahmazli, chairman of the Food Safety Agency, said at a public discussion of the draft “Law on Food Safety”, Trend reports.

Azerbaijani food products are showcased at PRODEXPO 2019 exhibition in Moscow to promote the Made in Azerbaijan brand and Azerbaijani products in the foreign markets.

Azerbaijani Minister of Economy Shahin Mustafayev met with Director General of Russia’s KAMAZ OJSC Sergey Kogogin, the Azerbaijani Ministry of Economy told Trend.

The e-agriculture system will allow providing the Azerbaijani farmers with necessary information, as well as rendering consulting services to them, Azerbaijani Deputy Minister of Agriculture Ilhama Gadimova said.

In recent years the expansion of bilateral economic relations, the organization of economic missions, business forums, as well as other activities opened a new phase in practical cooperation between Azerbaijan and the Netherlands.

The State Employment Service under the Ministry of Labor and Social Protection of Population has launched preparatory work for organizing labor fairs in 56 cities and regions of Azerbaijan, Trend reports referring to the ministry.

The Baku Stock Exchange (BSE) held an auction for placement of short-term notes of Azerbaijan’s Central Bank (CBA) worth 200 million manats with a maturity period of 28 days, Trend reports referring to the BSE.

Capital expenditures amounted to 1.44 billion dollars, which is 1.44 billion dollars or 2 times less than in 2017.

The offices of Facebook and other international social networks, as well as YouTube video hosting site should open in Azerbaijan to prevent the use of insults, undesirable cases in social networks, President of the Azerbaijan Internet Forum Osman Gunduz said, Trend reports on Feb. 13.

The State Property Issues Committee of Azerbaijan held the first auction on privatization of state property at the Real Estate Services Center, Trend reports referring to the Committee.

In Jan. 2019, the value of industrial production (value of manufactured goods and rendered industrial services) in Azerbaijan totalled 3.8 billion manats, which is 3.4 percent more than in Jan. 2018, Trend reports referring to a report of Azerbaijan’s State Statistics Committee.

Financial opportunities based on movable property are quite new experience for Azerbaijan, Simone Haeberli, deputy regional director for South Caucasus at the Swiss State Secretariat for Economic Affairs (SECO), Trend reports.

Official exchange rate of the US dollar and euro against Azerbaijani manat was set at 1.7 and 1.9176 manats, respectively, for Feb. 14.

Implementation of the business strategy of the International Bank of Azerbaijan (IBA) will begin this year, executive director of the State Oil Fund of Azerbaijan (SOFAZ), Chairman of the IBA Supervisory Board Shahmar Movsumov told Trend Feb. 13.

Azerbaijan imported 376,000 tons of grain from Russia in July-January of the season 2018-2019, the report of the analytical center "Rusagrotrans" said.

Three regional branches of the Azerbaijani Bar Association will begin to operate in Azerbaijani regions this year, chairman of the association’s board Anar Bagirov told Trend Feb. 13.

Azercell Telecom LLC received the prestigious “Oracle Innovation Award” within the confines of annual conference of the “Oracle Cloud Day” held in Azerbaijan, Baku, on February 8.

Czech companies are ready to take part in the expansion of the Baku public transport system, Milan Ekert, Czech Ambassador to Azerbaijan, said at a news conference in Baku, Trend reports.