2024-03-27 23:16:50
Azerbaijan and Hungary signed a memorandum of understanding in the field of competition, Day.Az reported on Wednesday with reference to Trend.
According to the State Service for Antimonopoly Control and Supervision of the Consumer Market under the Ministry of Economy of Azerbaijan, the memorandum between the State Service and the Hungarian Antimonopoly Agency includes interdepartmental exchange of experience in the development of competition, development of competition policy, analysis of legal violations and other issues.
It is noted that the memorandum was signed during the visit of the Civil Service delegation to Hungary. The document was signed by the head of the Civil Service, Mamed Abbasbeyli, and the head of the Hungarian Antimonopoly Authority, Ksaba Balazs Rigo.
During the meeting, the importance of strengthening bilateral ties to study best practices in the field of competition development was emphasized. The areas of activity of the Civil Service, the Competition Code, which will come into force on July 1 of this year, as well as the regulatory policy and control tools of the competition authority in accordance with the Code were discussed.
It should be noted that the State Service for Antimonopoly Control and Supervision of the Consumer Market is involved in the preparation and implementation of state policy in the field of antimonopoly policy, public procurement, technical regulation, standardization, metrology, and consumer protection. The main goal of the Civil Service is to create conditions for free competition and effective protection of entrepreneurship, which ensures the sustainable development of the country’s economy.
The State Service for Antimonopoly Control and Supervision of the Consumer Market was created by decree of the President of the Republic of Azerbaijan dated October 23, 2019.
Subscribe to our WhatsApp channel and stay up to date with the main news!