Doing Business in Azerbaijan 2009 - Azerbaijan Export ...

The country by now is well integrated in the international
cooperation system through participation in various international
organizations such as Council of Europe, OSCE, Commonwealth of
Independent States, GUAM (Georgia, Ukraine, Azerbaijan and
Moldova alliance), Black Sea Economic Cooperation, Organization
of Islamic Conference as well as a system of multilateral and
bilateral treaties on security and economic affairs. Azerbaijan has
stakes and is actively engaged with the European Bank for
Reconstruction and Development, Asian Development Bank, World
Bank, International Monetary Fund, Islamic Development Bank,
Black Sea Trade & Development Bank etc. all of which have running
projects portfolios in the country.
Political system
Azerbaijan has a republican form of government. The three
branches of power include:
• executive headed by the president (5 year term);
• legislative: unicameral national assembly (milli majlis) with 125
deputies (5 year term);
• judiciary headed by the supreme court of the republic.
The system of “checks and balances” includes the Constitutional
Court and the Constitution with a number of guaranteed rights and
freedoms for the people of Azerbaijan. The country lives a very
dynamic political life. A number of parties and politicians compete
for the presidency, parliamentary constituencies and municipalities.
A well developed electronic and print media community
complements public political discourse.
The foreign policy of Azerbaijan is geared towards the
establishment of peaceful and mutually beneficial cooperation with
all international partners. One of the major foreign priorities of the
republic is integration into the common European space. Relations
COUNTRY INFORMATION
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