President Ilham Aliyev Approves New Grounds For State Acquisition Of Investments

2026-03-05 05:05:43

(MENAFN- Trend News Agency) BAKU, Azerbaijan, March 5. New grounds for state acquisition of investments in Azerbaijan have been approved, Trend reports.

President of the Republic of Azerbaijan Ilham Aliyev has approved the relevant amendments to the law "On investment activities."

According to the amendment, investments of strategic importance will be acquired by the state in order to prevent exceptional cases that harm the interests of the Azerbaijani state and people or contradict the national interests of Azerbaijan.

Thus, the legal basis for the state acquisition of strategically important investments to prevent exceptional cases that harm the interests of the Azerbaijani state and people or contradict the national interests of Azerbaijan has been formed. For this purpose, the acquisition of investments will be carried out in the general manner, that is, with compensation paid to investors in exchange for the acquisition of investments by the state.

Additionally, the acquisition of strategically important investments by the state for the aforementioned purpose will be carried out in accordance with the laws of Azerbaijan.

MENAFN05032026000187011040ID1110821548

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.