Mineral deposits in Azerbaijan to be put into use through auction

Mineral deposits in Azerbaijan to be put into use through auction
  • Clock-gray 13:02
  • calendar-gray 16 February 2021

Mineral deposits will be put into use in the form of an auction in Azerbaijan for the first time, Ministry of Economy told APA-Economics.

An agreement has been reached between the Center for Organization of Auctions under the State Committee for Property Issues and the State Agency for the Use of Mineral and Raw Material Resources under the Ministry of Ecology and Natural Resources in this regard. Purpose is an expansion of a competitive economic environment based on sustainable development principles in regions, effective use of natural resources, and formation of an ecological security system, providing reliable protection of environment.

 

Huseyn Veliyev

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