Bond.az White LogoBond.az Black Logo

Cabinet of Ministers approves Kimberley Process

Azerbaijan's Cabinet of Ministers approves the Kimberley Process Certification Scheme for unprocessed diamond trade control.

Isabella Martinez
ByIsabella Martinez- Senior Editor
|
0

The Cabinet of Ministers has issued a decision regarding the Kimberley Process Certification Scheme.

The decision approves the rules for state control over the import, export, use, circulation, accounting, storage, and tracking of unprocessed diamonds.

Signed by Prime Minister Ali Asadov, the decision states that the import and export of unprocessed diamonds will be carried out with the consent of the State Service for Antimonopoly and Consumer Market Control.

These operations can only be conducted with countries that are members of the Kimberley Process.

More News
Today / 10:31
|
800

Changes in compulsory insurance types expected

Central Bank of Azerbaijan announces changes in compulsory insurance types. Motor insurance limit remains at 5 million manats with automatic restoration.

0
Today / 09:30
|
627

New Payment Module to Be Applied in TQH (MİQ)

A new payment module for the Teacher Recruitment (MİQ) system is to be implemented. Project cost is 513,827 manats.

0
Today / 08:02
|
588

700 million manat investment in agriculture

Azerbaijan's agriculture sector to get 700 million manat investment. President's aide Zeynal Naghdaliyev says funds will boost crop, livestock, and processing industries.

0
Today / 07:32
|
990

Insurance assets exceed 2 billion manat

Azerbaijan insurance sector assets reach 2.1 billion manat, capital requirements doubled.

0
Today / 06:32
|
366

Cybersecurity of financial markets assigned to Central Bank

Cybersecurity of financial markets assigned to Central Bank. New draft law strengthens cyber protection measures.

0
Today / 06:31
|
891

Cyberattacks on Intelligence Agencies to Remain Secret

Cyberattacks on intelligence agencies will remain secret under a new bill centralizing cybersecurity information for critical systems.

0
Today / 06:01
|
614

Azerbaijan oil price drops to $79.76

Azerbaijan oil price drops: "Azeri Light" crude falls to $79.76 per barrel.

0
Yesterday / 17:01
|
373

SOCAR launches innovation competition

SOCAR launches innovation competition on smart urban planning. Students, startups, and researchers can apply for a 6-week mentorship program.

0
Yesterday / 10:31
|
415

Oil prices drop: Brent $77.56, WTI $73.73

Latest oil prices on global exchanges: Brent at $77.56, WTI at $73.73, down.

0
Yesterday / 10:00
|
481

SpaceX shares drop $400 billion in one day

Elon Musk's SpaceX shares lost $400 billion in value in one day. Stock price fell to $154.6.

0
Yesterday / 07:32
|
372

Sustainable agricultural development base formed

Presidential aide Shahmar Movsumov announced the formation of a base for sustainable agricultural development in Azerbaijan.

0
Yesterday / 07:31
|
863

Fines for false seed info expanded

Fines for false information in seed activities expanded. New draft law sets penalties for individuals, officials, and legal entities.

0
...
Cabinet of Ministers approves Kimberley Process | Bond.az