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Tax & Customs
The Tax and Customs Committee proactively addresses both existing and new tax and customs issues by maintaining a dialog with the Ministry of Taxes, Ministry of Finance and State Customs Committee and promotes change in the tax and customs system through consistent interpretation and application of existing regulations.The committee is doing this job in several ways: by engaging its members in various legislative initiatives aimed at improving the business climate, sharing experiences across the member base on challenging tax and customs issues and establishing dialog between the business community and the governmental bodies and ministries.Powered by Froala Editor

Legal & Compliance
Legal & Compliance Committee was formed as a working group in 2017 to address legal and compliance issues faced by AmCham member companies operating in the Republic of Azerbaijan. The working group gained committee status in 2018.AmCham Legal and Compliance Committee focuses on the analysis of legislative and compliance issues influencing the investment climate in Azerbaijan. Input to AmCham White Paper is one of the main activities of the Committee. Leveraging the expertise of lawyers, economists and business leaders the Committee provides a ground for constructive discussion of issues affecting the investment attractiveness in Azerbaijan. Committee also provide strategic guidance and recommendations to the Board of Directors on the Chamber’s communication with regulatory authorities, law makers and government. Review and monitor the Chamber’s compliance and risk management activities and the effectiveness of any compliance and risk management programs established by the Chamber is another focus of the Committee. Powered by Froala Editor

FMCG
The mission of FMCG Working Group is to contribute to the improvement of legislation and legal practice in the areas of commercial and company law, as well as to promote standards of best practice in marketing goods and services. The issues of product safety, consumer protection, advertising etc. are of great public concern, abundant however in grey areas not yet being subject to legal scrutiny.The FMCG Working Group is constantly working on the questions below to be addressed:• What are the legal requirements for the product to be marketed?• How to market the product lawfully?• How to abide by law in contacting consumers and competitors when marketing the product?Powered by Froala Editor
Some Facts about AmCham Azerbaijan
The American Chamber of Commerce in Azerbaijan is a leading private, non-profit business association supporting and promoting the interests of foreign and local businesses in Azerbaijan. Established in 1996, AmCham is composed of over 260 Regular and Associate Member Companies active in every sector of the Azerbaijani economy. AmCham Azerbaijan represents nearly 80% of all foreign investment, as well as a significant portion of local investment, in Azerbaijan. Through its 9 industry sector committees, Member Companies are able to share information, raise issues of common concern and propose possible solutions. Being one of the largest and the most influential organizations in the country AmCham provides the best networking opportunities. Other membership benefits include access to the data on the latest tendencies in the market (through such information resources as AmCham White Papers, AmCham Annual Reports, IMPACT Azerbaijan Quarterly Magazines, Annual National Employee Salary Surveys, Quarterly Inflation Surveys); Member-to-Member Discount Program offers; U.S. Business Visa Facilitation Program benefits, etc.
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Speech of Heydar Aliyev, the President of the Republic of Azerbaijan at the opening ceremony of the American Chamber of Commerce in Azerbaijan – “Hyatt Regency Nakhchivan” Ho ...
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National Leader of the Republic of Azerbaijan

As I know, part of the recently implemented reforms were developed on the basis of AmCham ideas, I would like to thank you for that.
The President of the Republic of Azerbaijan

“There are the many important contributions this Chamber has made, including through its White Papers, to improving the business climate in Azerbaijan, to fostering dialogue betw ...
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Ambassador of the United States of America to the Republic of Azerbaijan (2015-2018)

“AmCham plays an immense role in improving the country’s business environment."
Deputy Assistant Secretary of State for European and Eurasian Affairs

Remarks for the AmCham by Ambassador Lee Litzenberger
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Ambassador of the United States of America to the Republic of Azerbaijan
MEMBERSHIP TYPES
There are two types of AmCham affiliation: MEMBERS and ASSOCIATES with annual fees applied
Learn moreImmediately stay up to date with every members news updates
Formula 1 Happenings in Four Seasons Hotel Baku 2022
9 June 2022

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We invite you to visit Caspian Agro and InterFood Azerbaijan exhibitions on May 18-20!
12 May 2022

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Veyseloglu Group of Companies Announces İts Monthly Retail Price İndex
11 May 2022

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Marketlərdə alıcılara ət və ət məhsulları necə təqdim olunur? Veysəloğlu Şirkətlər Qrupu bu mövzuda da çox seçicidir.
6 May 2022

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PwC Azerbaijan Times, issue 04, May 2022
6 May 2022

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Baku Water Innovation Forum
4 May 2022

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Cold Storage: what is it for and who will benefit
27 April 2022

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Open MBA Seminar 6 May in Baku: "New Business and Societal challenges in the era of Industry 4.0"
25 April 2022

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“Access2Success “: AccessBank qadın sahibkarlar üçün proqrama start verir
25 April 2022

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Advance payment-related regulatory compliance risks
20 April 2022

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AMENDMENTS TO THE TAX CODE OF THE REPUBLIC OF AZERBAIJAN
19 April 2022

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25 million manat has been invested in the establishment of a new and modern logistics center in Azerbaijan
19 April 2022

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Legal updates, 11 April 2022
15 April 2022

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From Evolution to Revolution: The Future of Cyber Operations
12 April 2022

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Veyseloglu Group of Companies Announces İts Monthly Retail Price İndex
7 April 2022

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How the Crises in Ukraine Affects Food Prices
7 April 2022

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Which foods are preferred in the month of Ramadan?
6 April 2022

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First “Vertical run race” in Azerbaijan, Baku
5 April 2022

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What will it cost to have a festive dinner for Azerbaijani families this year
18 March 2022

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Business Outlook in Azerbaijan, 6th edition
15 March 2022

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THE FIRST WOMEN LEADERS FORUM WAS HELD IN AZERBAIJAN
15 March 2022

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Veyseloglu Group of Companies Announces İts Monthly Retail Price İndex
11 March 2022

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Veyseloglu Supports Young People with University Aspirations
2 March 2022

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We invite you to the 4th Congress for People with Special Needs
1 March 2022

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Prosol has started a partnership with the ADA university
18 February 2022

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Suspension of inspections in the field of entrepreneurship has been extended
17 February 2022

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PwC Azerbaijan Times, issue 03, February 2022
16 February 2022

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Veyseloglu Group of Companies Announces İts Monthly Retail Price İndex
15 February 2022

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Legal updates
11 February 2022

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Amendments to the Tax Code: Expected Outcomes
8 February 2022

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ASSA ABLOY Group entrusted “Unico” CJSC with regional representation of its products
4 February 2022

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NEQSOL Holding to host prestigious Capacity Caucasus & Central Asia 2022 event
2 February 2022

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Veyseloglu Group of Companies presented its retail index for 2021
21 January 2022

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Deloitte Tax and Legal News 17 January 2022
17 January 2022

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Baku International Sea Trade Port in the frames of “Port Community Care” project invites you to the “Corporate Kitchen” Team Building series
14 January 2022

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Changes in Tax Code
14 January 2022

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Veyseloglu Group of Companies presents the retail index reflecting price changes for essential commodities
12 January 2022

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Legal updates
11 January 2022

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13 University Graduates were Employed by Veyseloglu Group of Companies
10 January 2022

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PASHA Holding and its strategic assets will plant 11,000 trees in Zangilan.
28 December 2021

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Veyseloglu Group of Companies has donated 30,000 manat to the YASHAT Foundation
23 December 2021

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ÇİMTAŞ STEEL IS TO DELIVER THE WORLD'S TALLEST FLAGPOLE
16 December 2021

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AMENDMENTS TO THE TAX CODE OF THE REPUBLIC OF AZERBAIJAN
14 December 2021

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Veyseloglu Presents Its Monthly Retail Index for November
9 December 2021

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KPMG in Azerbaijan welcomes new Partner, Head of Advisory
19 November 2021

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THE RESULTS OF THE "FROM IDEA TO SUCCESSFUL BUSINESS" STARTUP COMPETITION HAVE BEEN ANNOUNCED!
16 November 2021

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Veyseloglu Group of Companies announced the Retail Index for October
15 November 2021

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EKVITA is looking for Legal Manager
19 October 2021

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NEQSOL Holding announces partnership between NEQSOL Academy and LinkedIn Learning
7 October 2021

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Veyseloglu Group of Companies announced the Retail Index for September
5 October 2021

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A Cup of Knowledge from Deloitte Academy
30 September 2021

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PwC Azerbaijan Times: Tax Update, Issue 03
29 September 2021

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PwC Azerbaijan's Special Issue of Legislation update
24 September 2021

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Legal Updates | August
21 September 2021

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Join the 1st Azerbaijan International Reconstruction and Development of Karabakh Exhibition, “Rebuild Karabakh 2021” on October 20-22!
16 September 2021

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Tekfen Construction’s Azerbaijan Country Manager appointed as the Azerbaijan Representative of DTIK (World Turkish Business Council)
9 September 2021

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Introducing the leadership team of our market-leading Dentons Baku office.
27 August 2021

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EMPLOYMENT AGREEMENT vs CIVIL LAW CONTRACT
1 July 2021

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Foreign nationals traveling to Azerbaijan required to have a COVID-19 passport
10 June 2021

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New Amendments Introduced to the Labor Code
2 June 2021

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“Unico” LLC construction company has launched “Smart Young Engineer”- a month-long paid Summer Internship Program for 2021.
27 May 2021

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EKVITA Newsletter
16 May 2021

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EKVITA Legal Updates | March
30 April 2021

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PwC Azerbaijan Times-issue-01-2021
27 April 2021

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Compliance management systems — Requirements with guidance for use
27 April 2021

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The 2021 edition of Dentons Guide to Investing in renewable energy projects in Europe
2 April 2021

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Draft changes to the Tax Code
2 March 2021

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Coca-Cola Wins U.S. Secretary of State’s Award for Corporate Excellence for Women’s Economic Empowerment Efforts in Azerbaijan
3 February 2021

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TURKISH AIRLINES STUDENT PRIVILIGES
28 January 2021

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EY Business Brief
5 June 2020

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Deloitte News Update
15 May 2020

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Deloitte Tax News
15 May 2020

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BHM Legal Update
15 May 2020

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PwC Azerbaijan’s COVID-19 Alert Special Edition Issue № 13
27 April 2020

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Key support measures available to business
23 April 2020

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EY Business Brief
21 April 2020

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EY Business Brief
6 April 2020

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MBA in Finance
5 February 2020

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BHM Legal Updates
17 January 2020

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PwC Azerbaijan Times Issue #1
16 January 2020

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Company (LLC) registration in Azerbaijan (Innovation in registration of an LLC)
29 December 2019

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PwC Azerbaijan Times Issue #12
12 November 2019

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Upcoming AmCham Events

COMMITTEE MEETING
AmCham Tax & Customs Committee's May Meeting

OTHER EVENTS
AmCham Members' meeting with Mr. Mammad A. Abbasbeyli, Head of the State Service for Antimonopoly and Consumer Market Control
Remaining time to start of AmCham Tax & Customs Committee's May Meeting
COMMITTEE MEETING

Important highlights from AmCham Events

AmCham Azerbaijan Executive Director attended annual ACE 2022 U.S. Conference in Washington D.C.
On May 4-10, 2022 Executive Director of American Chamber of Commerce in Azerbaijan (AmCham Azerbaijan) Ms. Gulnara Aslanbayli together with the executive delegation of AmChams in Europe (ACE) from more than 30 countries attended annual ACE 2022 U.S. Conference in Washington D.C. The purpose of the visit was exchanging of views and best practices with all other Chambers, building stronger cooperation ties with US Businesses and state officials, as well as strengthening of bilateral economic and trade relations with the United States. Within the framework of the visit, discussions of policies with leading representatives of the U.S. administration, including the U.S. Chamber of Commerce, the U.S. Department of Commerce, the Department of State, and Congress were conducted.Whitin the program, meetings with experts of the US Chamber, high ranking US Government officials such as Ms. Sahar Hafeez, Director of International Economics at White House National Security Council, Mr. Wendy Ruth Sherman, Deputy Secretary at U.S. Department of State, Senator Thom Tillis, U.S. Senator for North Carolina, Ms. Suzanne Clark, U.S. Chamber President and CEO, Ms. Marisa Lago, Under Secretary at U.S. Department of Commerce and others were held. The meetings with experts on politics and business were primarily focused on discussion of the Transatlantic economy and trade, current political developments, and the Russian-Ukrainian war. Furthermore, the ACE executive delegation also held discussions on energy, finance, digital policies, as well as organization of joint activities and possible cooperation in these areas. An agreement was reached between the parties on exchange of experience and extensive cooperation.

AmCham Members' Meeting with Representatives of the State Employment Agency
On May 12, 2022, a meeting was held between the American Chamber of Commerce in Azerbaijan (AmCham Azerbaijan) and the State Employment Agency under the the Ministry of Labour and Social Protection of the Population of the Azerbaijan Republic. The meeting was organized in the framework of AmCham Human Resources and Labor Committee and was dedicated to the Presentation of HR digitalization projects lead by the Agency.The meeting was attended by more than 180 representatives of high-ranking government officials, member companies and representatives of diplomatic corps.The honorable speaker of the meeting was Mr. Mustafa Abbasbeyli, Chairman of the Board of the State Employment Agency.Opening the event, Mr. Ilgar Mehti, First-Vice president of AmCham Azerbaijan, introduced the guest speaker and gave a brief foreword to the agenda. He emphasized sustained activity of AmCham Azerbaijan on continuing supporting and promoting the interests of foreign and local businesses in Azerbaijan, as well as significance of the established fruitful dialogue and successful cooperation with government institutions in this direction.Afterwards, Mr. Mustafa Abbasbeyli welcomed and expressed his gratitude to all AmCham members and guests. Mr. Abbasbeyli gave general information on the digitalization projects lead by the State Employment Agency and shared the future plans.Mr. Vusal Mesiyev, Adviser to the Chairman of the Board of the State Employment Agency, comprehensively explained the usage of the system, as well as all benefits of “Labor Relations and Employment subsystems” developed by the Agency with video demonstrations.The new “Labor Relations and Employment subsystems” is a single platform for labor relations for all employers and employees, a new serious mechanism to support labor market participants. With the help of this subsystem, the transition to digital personnel records, and the digitization of other paper transactions carried out in the process of labor relations. The subsystem includes risk-based inspection, electronic audit, etc. modules. Click here to get acquainted with “Labor Relations and Employment subsystems”. The meeting was followed by an interactive Q&A session, where participants were actively involved in an open dialogue, sharing their concerns and exchanging best practices and addressing their questions to Mr. Mustafa Abbasbeyli and Mr. Vusal Mesiyev.At the end, Mr. Parviz Tahirov, Deputy Chairperson of AmCham HR Committee, thanked the guest speakers and all the participants for their involvement in the event.Highlights from the meeting: https://www.youtube.com/watch?v=Qc8ChharT1s

AmCham Human Resources and Labor Committee’s April Session
On April 21, 2022, AmCham Human Resources and Labor Committee organized its April session.The guest speaker of the meeting was Ms. Elnara Mammadova, Vice president people and culture, BP Azerbaijan, Georgia, Turkey and Russia.Ms. Ellada Alishova, Chairperson of HR Committee welcomed the participants with an opening speech, gave brief foreword of the session and introduced the guest speaker.In the first part of the meeting, Ms. Elnara Mammadova delivered a comprehensive presentation on the “Role of benefits in employee retention”. The second part of the meeting was followed by an interactive Q&A session, where participants were engaged in an open dialogue and exchanged views and best practices. In the end of the meeting, Ms. Ellada Alishova expressed her gratitude to the guest speakers and participants of the session for their active involvement.

AmCham Legal & Compliance and Digital Technology & Innovations Committees’ April Meeting
On April 14, 2022, AmCham Legal & Compliance and Digital Technology & Innovations Committees held a joint meeting dedicated to the Artificial Intelligence and its use in the Legal Industry.The guest speakers of the meeting were Ms. Sona Taghiyeva, Partner in Dentons and Mr. Sergei Bolshakov, Government Affairs Director in Eurasian Economic Union, Central Asia, and Caucasus Countries.Opening the meeting, Executive Director of AmCham Azerbaijan Ms. Gulnara Aslanbayli welcomed the participants and highlighted the relevance and importance of the topic. Afterwards, Chairperson of Legal and Compliance Committee Mr. Kamil Valiyev , introduced the guest speakers and announced the agenda of the meeting. Chairperson of DT&I Committee Mr. Gachay Mirzayev shared a comprehensive presentation on Artificial Intelligence Fundamentals & use cases in Legal Industry.In the second part of the meeting, Mr. Sergei Bolshakov briefly spoke about several areas where Artificial Intelligence, IT and Legal come across.Afterwards Ms. Sona Taghiyeva delivered a presentation on Challenges and opportunities of Artificial Intelligence.At the end of the meeting, participants were actively involved in an open dialogue, sharing their concerns and exchanging best practices, as well as participating in a Q&A session, where all questions were addressed by Mr. Gachay Mirzayev, Ms. Sona Taghiyeva and Mr. Sergei Bolshakov.

AmCham Members’ March Luncheon
On March 29, 2022, the American Chamber of Commerce in Azerbaijan (AmCham Azerbaijan) organized its monthly members’ Luncheon. The Honorable Guest Speaker of this month was Mr. Rahman Hajiyev, Chairman of the Board of Karabakh Revival Foundation.Opening the event, Executive Director of AmCham Azerbaijan, Ms. Gulnara Aslanbayli welcomed the participants of the Luncheon. During her speech, she called AmCham members to offer internship program to the War-wounded and Families of Martyrs of the 44-day Patriotic War, who completed 6 months training program as well as “Career Guidance and Introduction to Business World” workshop within the “Professional Development and Career Planning” project jointly launched by the Ministry of Labor and Social Protection of the Population of the Republic of Azerbaijan, the American Chamber of Commerce in Azerbaijan (AmCham Azerbaijan), Junior Achievement Azerbaijan (JA Azerbaijan) and “Azercell Telecom” LLC. Afterwards, Ms. Aslanbayli passed the floor to member presentations by JOCAP, Denetik Uluslararası Belgelendirme ve Gözetim Hizmetleri Limited, European Azerbaijan School, who gave the information on portfolio and activity direction of their companies. Then, newly appointed President of AmCham Azerbaijan Ms. Nargiz Nasrullayeva-Muduroglu introduced the honorable guest speaker Mr. Rahman Hajiyev to the audience. During her speech, Ms. Nasrullayeva-Muduroglu highlighted the activities of the Karabakh Revival Foundation and expressed Chamber’s intention to participate as a donor in the project on restoration of ecological balance in Karabakh - "From Victory to Revival" jointly implemented by the Foundation and the Ministry of Ecology and Natural Resources.Mr. Rahman Hajiyev welcomed and expressed his gratitude to all AmCham members and guests. Mr. Hajiyev delivered a comprehensive presentation on establishment of the Karabakh Revival Fund, its main goals and objectives, mission, values and current activities, as well as work done to restore and reconstruct Karabakh. He also noted that the restoration of historical monuments in the liberated territories and ecological balance in Karabakh is one of the priorities for the Foundation.Furthermore, the participants were introduced to “Karabakh.Center” Internet resource and “Karabakhmemorial.com” projects dedicated to the memory of minors killed as a result of military crimes committed by the armed forces against the civilian population during the 44-day Patriotic war. The author of the project idea is First Vice-President of the Republic of Azerbaijan Ms. Mehriban Aliyeva.At the end of the luncheon, Ms. Aslanbayli thanked Mr. Rahman Hajiyev and all the participants for their involvement in the event. The event featured a photo exhibition and video "Urbicide in Karabakh" reflecting the destroyed buildings and historical monuments based on the materials of the Karabakh Center project.AmCham Azerbaijan Members’ Luncheons are organized monthly by the Chamber and feature participation of high ranked government officials, member companies and representatives of diplomatic corps.

Opportunity to offer internships to the War-wounded and Families of Martyrs of the 44-day Patriotic War
To the attention of AmCham members!AmCham Azerbaijan would like to give the opportunity to AmCham member companies to offer the internship program to the War-wounded and Families of Martyrs of the 44-day Patriotic War, who completed 6 months training program as well as “Career guidance and introduction to business world” workshop within the "Professional Development and Career Planning" project jointly launched by the Ministry of Labor and Social Protection of the Population of the Republic of Azerbaijan, the American Chamber of Commerce in Azerbaijan (AmCham Azerbaijan), Junior Achievement Azerbaijan (JA Azerbaijan) and “Azercell Telecom” LLC.You can get acquainted with the CV-s of the project participants from the following link. Those who are interested in providing internship programs to the young project participants please contact chamber@amchamaz.org.We are calling each member company to support professional development and employment of our young project participants together! "Professional Development and Career Planning" project has been jointly launched by the Ministry of Labor and Social Protection of the Population of the Republic of Azerbaijan, the American Chamber of Commerce in Azerbaijan (AmCham Azerbaijan), Junior Achievement Azerbaijan (JA Azerbaijan) and “Azercell Telecom” LLC.The purpose of the project is development of personal skills of war-wounded, children of veterans and martyrs of the 44-day Patriotic War, their introduction to the business world, as well as guidance in selection of appropriate career path by identifying their main interests.On the first stage of the project, participants were involved in English and Computer courses conducted by the Celt Colleges training center and JA Azerbaijan professionals via the ZOOM platform. To support the online organization of the trainings, all project participants were provided with computers by AmCham members. As a digital partner of the social initiative Azercell provided participants wit high-speed mobile internet services throughout the project. Within the second stage of the project, a workshop on "Career guidance and introduction to business world" was organized. The workshop covered informative presentations and interactive assignments delivered by JA Azerbaijan, as well as mentoring session with AmCham member companies’ experienced professionals and senior executives from across different industries.In total, 25 young people over the age of 16 from Baku, Sumgayit cities and Goranboy region participated in the project and 17 of them are looking for the job and internship opportunities.

AmCham Annual General Meeting 2022 was held
As the election season finally approached, on March 2, 2022, Annual General Meeting (AGM) 2022 featuring Elections to the Board of Directors and the President of AmCham took place. AGM was opened by a welcome speech of AmCham Executive Director Ms. Gulnara Aslanbayli, who announced the AGM valid by the Article 7.1 of the Charter and wished all the candidates best of luck. Mr. Jeyhun Mammadov was elected as the Chairman of the Annual General Meeting. Mr. Mammadov introduced the 12 candidates running for 10 vacant positions on the Board who thereafter laid out their platforms and delivered 3 minutes speeches each. Afterwards, Mr. Ilkin Hajiyev from Sustainera Research and Consulting services, and Mr. Khayal Mammadov from Seabak LLC were elected as the tailors of the General Meeting. During the Ballot counting procedures, Former President of AmCham Azerbaijan Mr. Nuran Kerimov delivered his farewell speech to AmCham members. Mr. Kerimov briefly touched upon the accomplishments and activities during his 4-years journey as AmCham president and thanked AmCham community for their commitment and contribution to the success of the Chamber. Former President also wished best of luck and many more accomplishments to the new Board of Directors in continuing implementation of Chamber’s mission and strategic objectives. Mr. Kerimov passed the floor to the U.S. Ambassador to Azerbaijan Mr. Lee Litzenberger who thanked the outgoing American Chamber of Commerce board for their work in helping build business ties between the United States and Azerbaijan and welcomed new members in advance. The Ambassador highlighted important collaboration with AmCham on a number of issues, including women’s economic empowerment, the importance of a clear and transparent business environment, IPR protection, and addressing climate change.Through the anonymous voting process, in which authorized representatives of AmCham Regular Members with a good business reputation and in a good standing in the community took part, election of the following Board members for the next two years term (2022-2024) were announced by the Chairman of AGM:Ms. Nargiz Nasrullayeva-Muduroglu, Landmark Business CenterMr. Shahin Mammadov, PASHA Holding LLCMr. Zaur Allahverdizade, BAKER HUGHESMr. Dayanat Sadullayev, PMD Group LLCMs. Rena Mamedova, AZERBAIJAN COCA-COLA BOTTLERS LTD.Mr. Teymur Mahmudov, SOCARMs. Elnara Mammadova, BPMr. Kanan Tabasaransky, Smart Solutions GroupMr. Ilgar Mehti, EKVITA LLCMr. Bakhtiyar Akhundov, MOL Azerbaijan LTDIn addition, out of those elected 10 Board Members, Ms. Nargiz Nasrullayeva-Muduroglu was elected as the first woman AmCham Azerbaijan President. The AGM was closed by the speech of newly elected AmCham President Ms. Nasrullayeva-Muduroglu who thanked AmCham members for their trust and expressed her commitment to Chamber’s goal to continuing supporting and promoting the interests of foreign and local businesses and foster the economy of Azerbaijan as a whole.

AmCham Azerbaijan is concerned about hostilities taking place in Ukraine
AmCham Azerbaijan is concerned about hostilities taking place in Ukraine. We believe all conflicts must be settled by peaceful diplomatic means in full compliance with the norms and principles of international law, including the sovereignty of states, territorial integrity and inviolability of borders. AmCham Azerbaijan supports all ongoing efforts to avoid further escalation, protect civilians and safeguard security and prosperity across the region.

“Meet Your Candidate” Cocktail Reception 2022
On February 23, 2022, as a good annual tradition, AmCham “Meet Your Candidate” Cocktail Reception took place.It is the very time of the business year when AmCham community comes together to meet our candidates running for the vacant seats at AmCham Board of Directors. This year, 10 Board positions are vacant. Members of the Board are dedicated professionals volunteering their time and energy to effectively represent the voice of business community. The term of Board is for two years (2022-2024). In addition, out of those elected 10 Board Members, the President who is the Chairman of the Board of Directors will be elected.The candidates running for the elections to AmCham Board of Directors (still, we are open for more nominations) delivered their platform speeches:Bakhtiyar Akhundov - Deputy Managing director, MOL Azerbaijan LTDZaur Allahverdizade - Head of Baker Hughes Services in Azerbaijan and GeorgiaTeymur N. Mahmudov - Deputy General Director Of “Azneft” PU, Socar Board Director, Socar-Petrofac JVShahin Mammadov - Deputy CEO, PASHA HoldingRana Mammadova - General Manager, Coca-Cola Bottlers Azerbaijan LLCElnara Mammadova - Vice President People And Culture, Azerbaijan, Georgia And Turkey Region And Russia, Bp Azerbaijan Ilgar Mehti - Founder and Director, EKVITA LLCNargiz Nasrullayeva-Muduroglu - Director of Business Operations, Landmark Business CentreDayanat Sadullayev - Chief Executive Officer, PMD Group LLCIgor Yakovenko - General Director AZEL SystemsThe elections themselves will take place at the Annual General Meeting to be held on Wednesday, March 2,2022.

Joint meeting of AmCham FMCG Committee and State Service for Antimonopoly and Consumer Market Control was held
On February 16, 2022 AmCham FMCG Committee and Representatives of the State Service for Antimonopoly and Consumer Market Control under the Ministry of Economy held a joint meeting on the regulation of competition, protection of consumer rights and consumer market control.Giving information about the activities of the agency, the representatives of the State Service noted that ongoing institutional reforms are being carried out to control antitrust, restrict competition and prevent anti-competitive behavior, as well as use new tools to promote competition to further improve the business environment.It was highlighted that in order to increase the role of business entities in the protection of consumer rights and, as a result, to achieve consumer satisfaction, regular meetings are held with entrepreneurs operating in various sectors. In addition, the participants were informed about the essence of cooperation between the State Service and the Mediation Council.The meeting also provided information on the strategic direction of the improvement projects related to consumer rights and consumer market control and the role of quality infrastructure in these areas.In the end, the representatives of the State Service answered the questions of the members of the AmCham FMCG Committee.