Welcome to AmCham Azerbaijan

EXPAND YOUR BUSINESS!

Banking, Finance and Insurance

The Committee oversees the entire financial services industry, including banking and insurance industries. The committee concentrates on those issues that can off set American and Azerbaijan-US joint venture business in Azerbaijan.  Finance committee works towards bringing greater understanding of the Azerbaijan Financial system.  Better consideration of financial systems and a more robust financial infrastructure helps us to ensure both sustainable economic growth and social progress within the country. AmCham’s financial committee exists to raise and allocate finance. AmCham commonly undertake activities in order to bring organization’s together to provide a range of financial services for its members.BFI Committee seeks to support and promote the interests of AmCham’s Banking, Finance and Insurance members. It does this by facilitating discussions on issues affecting the sector, inviting guest speakers and by seeking to act as an advocacy body to defend and promote the interests of the sector as a whole with respect to Government and regulatory bodies.Powered by Froala Editor

Sustainable Development and Corporate Impact

PurposeAcknowledging a changing world, the Sustainable Development and Corporate Impact Committee seeks to find and promote the appropriate balance between the economic, environmental and social aspects of the business community to ensure sustainability for current and future generations. More and more businesses wish to incorporate sustainable practices in their day-to-day operations. The Sustainable Development and Corporate Impact Committee aims to assist these businesses with education, support and recognition through workshops and other initiatives. Responsibilities The main mission of the Sustainable Development and Corporate Impact Committee is to be at the forefront of driving long-term sustainable value for our members and the business community by encouraging the development of sustainability initiatives and programs and supporting their implementation. The Committee serves as a platform to further support and enhance sustainable business practices. Activities of the Committee fall into the following categories: •    Organizing events such as breakfasts or lunches with sustainability experts•    Lobbying for more sustainable business practices in Azerbaijan and beyond•    Engaging the business community to be proactive in the change towards a more sustainable society •    Conducting capacity-building initiatives such as workshops and seminars with a sustainability focus •    Creating partnership opportunities and synergies among AmCham members Powered by Froala Editor

Digital Technology and Innovations

Digital Technologies & Innovations Committee under AMCHAM is focused on activities that promotes trade and investments in the economy of Azerbaijan and actively participate in the digital agenda of the country. It is a platform for cross-industry exchange of ideas, insights and opportunities discussions, identifying and overcoming common problems associated with the business development of our members and better understanding of the market, as well as maintaining contacts with government of Azerbaijan and regulatory agencies in order to foster business development of our members. The committee also conducts practical workshops, case studies and thought leader perspectives to help our members stay ahead of the future.

More Information

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.

Every feedback on the Chamber is a boost to our improvement
All Testimonials
MEMBERSHIP TYPES

There are two types of AmCham affiliation: MEMBERS and ASSOCIATES with annual fees applied

Learn more
Immediately stay up to date with every members news updates

FOUR SEASONS HOTEL BAKU FEBRUARY HAPPENINGS

6 February 2023

Veysəloğlu Şirkətlər Qrupu ötən il 88,000 ton məhsulu tarladan marketə gətirib

3 February 2023

Amendments to the Tax Code

31 January 2023

We invite you to become a part of the “Fərqli Fərdlər” congress!

26 January 2023

“Nar” continues vocational training for special people in 2023

24 January 2023

Four Seasons Hotel Baku February Happenings

23 January 2023

Holcim Azerbaijan signed the UN Women' Empowerment Principles

6 January 2023

Miau miau miauuu!

29 December 2022

Formula 1 Azerbaijan Grand Prix 2023: ‘Early Bird’ Tickets On Sale NOW!

27 December 2022

Veyseloglu Group of Companies Held a Digital Reputation Management Masterclass in Baku

16 December 2022

Fight against Piracy in Digital Age

12 December 2022

Florıstry masterclass for kids and new year photo shoot

9 December 2022

Veyseloglu Group of Companies Announces Its Monthly Retail Price İndex

9 December 2022

FOUR SEASONS HOTEL BAKU - FESTIVE SEASON HAPPENINGS

9 December 2022

ÇIMTAŞ STEEL DELIVERED AZERBAIJAN’S BRAND NEW FLAG POLE SECTIONS

7 December 2022

AZEL Systems (Official exclusive partner of Trimble Tekla & Authorized training Centre in Azerbaijan) announces admission to The Online Advanced Tekla Structures training course with subsequent official certification in December, 2022.

5 December 2022

ISO 27001:2022 Information Security Management System Lead Auditor Training

2 December 2022

4 ways that switching to Cubics is easier than ever

24 November 2022

BLACK FRIDAY - Push30 provides 50% off annual subscription

22 November 2022

Latina Sparkling Brunch

18 November 2022

Veyseloglu Group of Companies Announces İts Monthly Retail Price İndex

17 November 2022

Festive Season at Hilton Baku

17 November 2022

The Annual Innovation Summit will be held on December 13, 2022

16 November 2022

AIEN Event: "Energy Transition in Azerbaijan and Beyond"

16 November 2022

International SOS clinic in Baku is currently reallocating

16 November 2022

Sustainability Report - Azerbaijan

14 November 2022

FOUR SEASONS HOTEL BAKU - NOVEMBER HAPPENINGS WITH FOOTBALL FESTIVAL AND FESTIVE SEASON

6 November 2022

Veysəloğlu Şirkətlər Qrupunun 28 yaşı tamam olur

4 November 2022

Donation

3 November 2022

We invite you to "The Victory of Karabakh" memorable celebration

2 November 2022

Cubics BMS is getting known as the most popular ERP Solution in Azerbaijan. Here are the reasons…

1 November 2022

"Winter Miracle" project

1 November 2022

FOUR SEASONS HOTEL BAKU NOVEMBER HAPPENINGS

29 October 2022

A Charity Art Exhibition at Q-Gallery in Support of Azerbaijani Servicemen

27 October 2022

FOUR SEASONS HOTEL BAKU - OCTOBER & HALLOWEEN HOTEL HAPPENINGS

26 October 2022

Marketə məhsullar haradan gəlir?

20 October 2022

Caspian Construction Week starts tomorrow

18 October 2022

Denetik becomes "Responsible Gaming" accredited certification body

17 October 2022

Veyseloglu Group of Companies Announces İts Monthly Retail Price İndex

13 October 2022

8th Baku International Book Fair will be held

30 September 2022

Latest updates on determination and application of Transfer Prices

27 September 2022

Cubics Solutions as an efficient time management tool in business

26 September 2022

Japan Investment Forum

15 September 2022

Veyseloglu Group of Companies Announces its Monthly Retail Price İndex

12 September 2022

EKVITA IS NOW RECOGNIZED AS ACCREDITED EMPLOYER OF ACCA (ASSOCIATION OF CHARTERED CERTIFIED ACCOUNTANTS).

2 September 2022

6 reasons to build your CRM with Cubics BMS

29 August 2022

4th Azerbaijan International Defence Exhibition “ADEX”

26 August 2022

Project Management with Cubics BMS: All-new design and even more

4 August 2022

Veysəloğlu Şirkətlər Qrupu məşhur alman brendini ölkəmizə gətirdi

26 July 2022

“EKVITA ACADEMY-DƏN VERGİ QANUNVERİCİLİYİ ÜZRƏ “PEŞƏKAR MÜHASİB SERTİFİKATI” İMTAHANINA HAZIRLIQ TƏLİMİ!

13 July 2022

Cubics – your own ERP System

5 July 2022

First "IronWind 70.3 by Triterra" triathlon race in Azerbaijan.

3 July 2022

Mədəniyyət Nazirliyi və “Araz” supermarketlər şəbəkəsi Şuşa Dövlət Musiqili Dram Teatrının tamaşasını təşkil etdi

30 June 2022

How the legal strategy can help to successfully implement the business strategy?

29 June 2022

Veyseloglu teams with Rossmann to bring German quality to Azerbaijan!

24 June 2022

Veyseloglu Group of Companies Speaks at SAP NOW Baku Business Forum

23 June 2022

Cubics BMS - Business Automation Solution

13 June 2022

Purposeful Growth: Why Businesses Should Rethink Their Marketing

13 June 2022

“Veysəloğlu ilə İlk Addım”la 5 aylıq ödənişli təcrübə və iş imkanı Proqrama sonuncu kurs tələbələri və yeni məzunlar qoşula bilərlər.

9 June 2022

Veyseloglu Group of Companies Announces İts Monthly Retail Price İndex

7 June 2022

What should an entrepreneur pay attention to in a trademark?

6 June 2022

Veyseloglu Group of Companies Honoured in Deloitte’s Prestigious Business Contest

1 June 2022

We invite you to visit Baku Energy Week on June 1-3!

27 May 2022

On occasion of the 2022 Caspian Oil and Gas Conference, Dentons Baku office is pleased to invite you to the special breakfast seminar to be held on Tuesday, 31 May 2022 at Hyatt Meeting and Conference Centre. 

24 May 2022

Going Digital: a trend or an imperative

24 May 2022

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

12 May 2022

Veyseloglu Group of Companies Announces İts Monthly Retail Price İndex

11 May 2022

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

6 May 2022

PwC Azerbaijan Times, issue 04, May 2022

6 May 2022

Baku Water Innovation Forum

4 May 2022

Cold Storage: what is it for and who will benefit

27 April 2022

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

25 April 2022

“Access2Success “: AccessBank qadın sahibkarlar üçün proqrama start verir

25 April 2022

Advance payment-related regulatory compliance risks

20 April 2022

AMENDMENTS TO THE TAX CODE OF THE REPUBLIC OF AZERBAIJAN

19 April 2022

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

19 April 2022

Legal updates, 11 April 2022

15 April 2022

From Evolution to Revolution: The Future of Cyber Operations

12 April 2022

Veyseloglu Group of Companies Announces İts Monthly Retail Price İndex

7 April 2022

How the Crises in Ukraine Affects Food Prices

7 April 2022

Which foods are preferred in the month of Ramadan?

6 April 2022

First “Vertical run race” in Azerbaijan, Baku

5 April 2022

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

18 March 2022

Business Outlook in Azerbaijan, 6th edition

15 March 2022

THE FIRST WOMEN LEADERS FORUM WAS HELD IN AZERBAIJAN

15 March 2022

Veyseloglu Group of Companies Announces İts Monthly Retail Price İndex

11 March 2022

Veyseloglu Supports Young People with University Aspirations

2 March 2022

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

1 March 2022

Prosol has started a partnership with the ADA university

18 February 2022

Suspension of inspections in the field of entrepreneurship has been extended

17 February 2022

PwC Azerbaijan Times, issue 03, February 2022

16 February 2022

Veyseloglu Group of Companies Announces İts Monthly Retail Price İndex

15 February 2022

Legal updates

11 February 2022

Amendments to the Tax Code: Expected Outcomes

8 February 2022

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

4 February 2022

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

2 February 2022

Veyseloglu Group of Companies presented its retail index for 2021

21 January 2022

Deloitte Tax and Legal News 17 January 2022

17 January 2022

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

Changes in Tax Code

14 January 2022

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

12 January 2022

Legal updates

11 January 2022

13 University Graduates were Employed by Veyseloglu Group of Companies

10 January 2022

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

28 December 2021

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

23 December 2021

ÇİMTAŞ STEEL IS TO DELIVER THE WORLD'S TALLEST FLAGPOLE

16 December 2021

AMENDMENTS TO THE TAX CODE OF THE REPUBLIC OF AZERBAIJAN

14 December 2021

Veyseloglu Presents Its Monthly Retail Index for November

9 December 2021

KPMG in Azerbaijan welcomes new Partner, Head of Advisory

19 November 2021

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

16 November 2021

Veyseloglu Group of Companies announced the Retail Index for October

15 November 2021

EKVITA is looking for Legal Manager

19 October 2021

NEQSOL Holding announces partnership between NEQSOL Academy and LinkedIn Learning

7 October 2021

Veyseloglu Group of Companies announced the Retail Index for September

5 October 2021

A Cup of Knowledge from Deloitte Academy

30 September 2021

PwC Azerbaijan Times: Tax Update, Issue 03

29 September 2021

PwC Azerbaijan's Special Issue of Legislation update

24 September 2021

Legal Updates | August

21 September 2021

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

16 September 2021

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

9 September 2021

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

27 August 2021

EMPLOYMENT AGREEMENT vs CIVIL LAW CONTRACT

1 July 2021

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

10 June 2021

New Amendments Introduced to the Labor Code

2 June 2021

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

27 May 2021

EKVITA Newsletter

16 May 2021

EKVITA Legal Updates | March

30 April 2021

PwC Azerbaijan Times-issue-01-2021

27 April 2021

Compliance management systems — Requirements with guidance for use

27 April 2021

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

2 April 2021

Draft changes to the Tax Code

2 March 2021

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

3 February 2021

TURKISH AIRLINES STUDENT PRIVILIGES

28 January 2021

EY Business Brief

5 June 2020

Deloitte News Update

15 May 2020

Deloitte Tax News

15 May 2020

BHM Legal Update

15 May 2020

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

27 April 2020

Key support measures available to business

23 April 2020

EY Business Brief

21 April 2020

EY Business Brief

6 April 2020

MBA in Finance

5 February 2020

BHM Legal Updates

17 January 2020

PwC Azerbaijan Times Issue #1

16 January 2020

Company (LLC) registration in Azerbaijan (Innovation in registration of an LLC)

29 December 2019

PwC Azerbaijan Times Issue #12

12 November 2019

Remaining time to start of AmCham FMCG Committee's 2nd meeting with AFSA

COMMITTEE MEETING

Become a member
Important highlights from AmCham Events
27 January 2023

AmCham Executive Director Participated at the Meeting of the “Property registration and lease” WG

On 27 January 2023, Executive Director of AmCham Azerbaijan, Ms. Gulnara Aslanbayli attended the meeting of the “Property registration and lease” Working Group led by the State Service for Property Issues under the Ministry of Economy. The event was organized by the Commission on Business Environment and International Ratings. During the meeting, amendments to the law on property registration and notaries have been discussed by the different government officials. The meeting also featured the presentation of the 2023 Road Map for the implementation of improvements related to the "Business Location (registration and rental of property)" indicator of the World Bank Group's "Business Enabling Environment" project. Afterwards, participants were involved in the Q&A session, providing their suggestions and feedbacks. 

16 December 2022

AmCham GALA Concert dedicated to 30th Anniversary of Diplomatic Relations between Azerbaijan and the U.S.

On December 16, 2022, AmCham Azerbaijan hosted a GALA Concert dedicated to 30th Anniversary of Diplomatic Relations between the United States and Azerbaijan. The GALA evening featured performance of Azerbaijan State Symphony Orchestra named after U. Hajibayli conducted by People's Artist of Azerbaijan Mr. Yalchin Adigezalov, and solo performance by Ms. Seljan Nasibli. During the concert, guests enjoyed the impressive classical music performance of the compositions of most celebrated Azerbaijani and U.S. composers: Samuel Barber, Fikrat Amirov, George Gershwin and Gara Garayev .Around 500 guests including high-ranking government officials, ambassadors, representatives of diplomatic corps, senior executives from business community and member companies attend the event. Click for the highlights from the Gala Concert Click for all the media from the Gala Concert

12 December 2022

AmCham Executive Director Ms. Gulnara Aslanbayli participated at the Impact Week in Brussels

At the beginning of December 2022, Ms. Gulnara Aslanbayli participated at the Impact Week in Brussels. The purpose of the visit was the Chamber’s intention to create new platforms uniting people who bring innovation to Azerbaijani society through socially responsible and sustainability initiatives. Impact Week is a unique network at the intersection of finance and purpose, driven by knowledge and focused on impact. It strives to increase prosperity and social progress for all, fix inequalities and injustices and preserve the planet. It builds synergies that tackle critical social and environmental problems at scale – and change mindsets. To accelerate positive change for people and planet, EVPA organized Impact week in Brussels to bring changemakers together to mobilize capital for true social transformation. Lots of fresh ideas that can enable net-zero economy, ease inequalities and elevate economic and social prospects for all were presented at the Impact week.It should be emphasized C Summit was organized in the framework of the Impact week. The C Summit was central to the goals of Impact Week, offering a way for corporates to see the whole picture of impact – the better to make that picture a collaborative masterpiece.The joint sessions were dedicated to the discussion in the broader context of the impact ecosystem and leverage corporate impact efforts to form meaningful coalitions around 10 action area – net-zero prosperity, future of the health, impact heroes, impact cities, impact united, food, smart impact, impact synergies and transformative impact. 

3 December 2022

15th Annual AmCham Black & White Ball 2022

On December 3, 2022, the American Chamber of Commerce of Azerbaijan (AmCham Azerbaijan) hosted its 15th Annual Black & White Ball in Gulustan Palace. Traditionally the Ball brought together business leaders, government officials, ambassadors in an absolutely unique environment.With more than 600 guests, this spectacular landmark event became the highlight of AmCham’s social calendar. This year’s Ball – themed as “Angels & Demons” – embraced the atmosphere of the grandiose evening of elegance and grace with guests enjoying spectacular live music, magnificent entertainment show, outstanding program and experience. The audience was welcomed with the official opening speeches by Executive Director of AmCham Azerbaijan Ms. Gulnara Aslanbayli, Mr. Nargiz Nasrullayeva-Muduroglu, President of AmCham Azerbaijan as well as Mr. Hugo Guevara, Deputy Chief of Mission at the U.S. Embassy in Baku.Afterwards, the floor was passed to the chief representatives of the Platinum and Gold Sponsors:Platinum Sponsor: BP - Mr. Bakhtiyar Aslanbayli, Vice President for the Caspian region, Communications and External Affairs. Gold Sponsors:Procter & Gamble Inc. Azerbaijan Branch -Mr. Deger Kurtaslanoglu, General ManagerPMD Group - Mr. Dayanat Sadullayev, Chief Executive Officer PASHA Insurance OJSC – Ms. Ulviyya Jabbarova, Chief Executive Officer Farchitects LLC - Mr. Farid Safquliyev, Chief Executive Officer It should be noted that a large number of generous Silver, Bronze and Other sponsors have also contributed to the organization of the event.The evening was concluded with a surprising raffle draw with over 120 winning tickets and dances till dawn. The top prizes of the raffle draw were round trip tickets to Milan, Italy and NY, U.S. Please note that raffle tickets starting from 1 to 120 are all the lucky winning tickets. Winning tickets’ list can be reviewed from the following link. Please check your raffle coupons and come to AmCham office to pick up the prizes. Prizes will be given only with the lucky tickets provided. Click for the highlights from the Ball Click for all the media from the Ball 

28 November 2022

Two-day CSR Workshop was held in Shamakhi

On November 27-28, 2022, two-day CSR Workshop jointly organized by AmCham Azerbaijan and the U.S. Embassy in Azerbaijan titled the “Business Benefit of Effective Corporate Social Impact Strategy” was held in Shamakhi.  The workshop was aimed to strengthen members' capacity and build shared language to promote collaboration, advance CSR, and build ties of cooperation between private and public sectors. The invited guest speaker was Mais Abbas Abousy, Attorney-Advisor with the Commercial Law Development Program (CLDP) in the Office of the General Counsel of the U.S. Department of Commerce. The workshop was moderated by Alisa Oyler, skilled facilitator, trainer, and curriculum designer with experience working in over 20 countries.The first day of the workshop featured comprehensive presentation on “Business case for CSR/ESG” by Mais Abbas Abousy and group discussion on how to identify business-based social purpose and the people that could benefit.  Afterwards, to explore examples of CSR strategy in Azerbaijan, the panel discussion was held with the participation of:  Blake Dawgert, Economic and Commercial Officer at the U.S. Embassy in Azerbaijan, Fidan Tofidi, Corporate Stakeholders Engagement Division Head at Pasha Bank, and Rena Tahirova, Sustainable Development and Communication Manager at Holcim Azerbaijan. The first day of the event was followed by an interactive session on partnership and knowledge-sharing models where participants shared their views from different perspectives. The second day of the workshop started with the brief presentations of the participants from government sectors on CSR/ESG: what they have done and what are their future plans. Kamran Abbaszada, Leading Specialist in Sustainable Development and Social Policy department at the Ministry of Economy in Azerbaijan, Haji Aliyev, Head of the International Relations and Project Management department at the State Employment Agency and Javanshir Maharramov, SME agency regional representative for Shirvan region shared their agency’s experiences and plans with all participants. During the final session, participants created individual strategies to advance CSR/ESG and involved in group work with peer coaching.The workshop was concluded by overview of the next steps/actions and awarding certificates to the participants for their active contributions.

25 November 2022

AmCham Members’ November Luncheon with Minister Mr. Anar Karimov

On November 25, 2022, the American Chamber of Commerce in Azerbaijan (AmCham Azerbaijan) organized its Members’ November Luncheon with honorable guest speaker Mr. Anar Karimov, Minister of Culture of the Republic of Azerbaijan. Around 180 people participated in the Luncheon including high-ranking government officials, representatives of diplomatic corps, senior executives from business community, member companies and media representatives.Opening the event, Executive Director of AmCham Azerbaijan, Ms. Gulnara Aslanbayli welcomed the participants of the Luncheon. Ms. Aslanbayli briefly touched upon the projects implemented by the Chamber, as well as informed the participants on the upcoming plans and events. Information on Large-scale Education research project with ADA University, Black & White Ball 2022 and AmCham GALA concert were delivered to the audience. During the speech, Ms. Aslanbayli also announced newly joined members of the Chamber: Azerbaijan Supermarket LLC; Grand Logistics Center LLC; HRC Engineering & Resources Ltd and AzSmart LLC.President of AmCham Azerbaijan, Ms. Nargiz Nasrullayeva-Muduroglu introduced the honorable guest speaker minister Mr. Anar Karimov and expressed her gratitude for his participation at the Luncheon. Ms. Nasrullayeva-Muduroglu 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. Mr. Anar Karimov welcomed and expressed his gratitude to all AmCham members and guests. Mr. Karimov delivered a comprehensive presentation on the strategic view of the Ministry of Culture, its main goals and objectives, public-private sector partnership, future reforms and current activities. Mr. Minister gave an informative speech on the cultural heritage, located in the territory of Azerbaijan, reflected on the cultural diversity of our country and expressed the importance of protecting and restoring all cultural and religious monuments, regardless of their origin, within the framework of the restoration process in the territories freed from occupation. Afterwards, Mr. Elnar Mammadli, Head of the Foreign Relations Department of AzTV announced the premier of the teaser of the first season called “Atabeys: Shamseddin Eldeniz” of the historical multi-series to be broadses on AzTV soon. The teaser of the movie was prepared in partnership with the Ministry of Culture, "Azerbaijan Television and Radio Broadcasting" CJSC, the History Institute of the Azerbaijan National Academy of Sciences, the Azerbaijan Institute of Theology and the "IMZA" Social Development Support Public Union. Later, Chairwoman of the AmCham Marketing, Communications and Business Development Committee, Ms. Aysel Suleymanova briefed the Committee’s upcoming plans and activities. Thereafter, member presentations on portfolio and activity direction of the company were delivered by FINADCO.At the end of the Luncheon, Mr. Alibala Maharramzade, Founder of "Shahdag film shortly spoke about the work being done with incredible and professional team in preparation of the historical multi-series and urged private sector representatives to further contribute to the project. The event was concluded by closing remarks of Ms. Gulnara Aslanbayli. 

16 November 2022

AmCham established its Marketing, Communications and Business Development Working Group

On November 16, 2022, AmCham Azerbaijan held the first meeting of its Marketing, Communications, and Business Development (MCBD) Working Group. Honorable guest speaker of the meeting was Ms. Nigar Arpadarai, the Member of the Parliament of the Republic of Azerbaijan. The strategy of the working group is based on a demand-driven transformation approach focused on mega-trends, relevance and value proposition for the marketers and their key stakeholders. Newly established MCBD WG will aim to improve the efficiency of Marketing, Communications and BD function in Azerbaijan and address the expectations of its members by building a platform for networking and practice sharing, as well as supporting with upskilling training, workshops, seminars and legislative frameworks. The meeting was opened by a welcome speech of AmCham Executive Director Ms. Gulnara Aslanbayli. Ms. Aysel Suleymanova, newly appointed Chairwoman of AmCham MCBD WG announced the opening of the working group and welcomed all the participants. Afterwards, she presented key findings of the survey conducted by the working group among members of the chamber.Thereafter, invited guest speaker Ms. Nigar Arpadarai shared her knowledge and experience in marketing and communication area with the audience. The event was followed by the discussions of Ms. Suleymanova and Ms. Arpadarai on strategic MCBD transformation in private and public sectors through real case examples, the role of marketing and communications as the key enabler of business, as well as MCBD function performance in Azerbaijan and many more.The discussion was concluded by an interactive Q&A session, as well as exchange of views and best practices. At the end, short tour to SENSUM by Amapola unique laboratory and raffle prizes were organized for the participants of the meeting. 

4 November 2022

Women’s National Business Agenda(WNBA) were presented to the public

On November 3, 2022, Executive Director of AmCham Azerbaijan Ms. Gulnara Aslanbayli attended the official Launch of the Women's National Business Agenda (WNBA) for Women's Economic Empowerment organized by BAKU - The United States Agency for International Development (USAID).  Representing AmCham Azerbaijan as one of the significant contributors in preparation of the WNBA document, Ms. Aslanbayli participated in a panel discussion and shared perspectives on how the Chamber has influenced the work toward women's economic empowerment and the contributions to the building of the WNBA.During the event, the WNBA white paper which offers concrete recommendations and policy solutions to create a favourable business environment for women and remove barriers they face in the workplace was presented to the public. The survey findings on women's entrepreneurship in Azerbaijan were also shared with the participants of the event. During the panel discussion, Ms. Gulnara Aslanbayli informed the audience on the “Declaration of Support for Women’s Economic Empowerment” signed by the Chamber in order to implement comprehensive and sustainable policies, procedures, and activities to promote gender equality and diversity in line with defined commitments.  She also highlighted that in the framework of women’s economic empowerment strategic direction, AmCham will continue its active involvement in relevant meetings, roundtables and events to enhance diversity, equity and inclusion in trade and commerce. It was also emphasized that AmCham policy papers are being planned to be prepared based on the WNBA aimed to spread the best practices and ideas advancing women’s economic empowerment and entrepreneurship in Azerbaijan.The event was attended by more than 80 participants, including representatives from the Ministry of Labour and Social Protection of the Population, the Entrepreneurship Development Fund, the State Employment Agency, the State Committee for Family, Women and Children's Affairs, the Small and Medium Business Development Agency as well as the US organization "Center for International Private Enterprise (CIPE)" and its Center for Women's Economic Empowerment, international organizations, business associations and women entrepreneurs. 

3 November 2022

The public and private sectors are considering a modern model of packaging waste management

The "Extended Producer Responsibility" model based on modern experience in the management of packaging waste is being considered to implement in Azerbaijan.The topic has been discussed during the meetings held between the Ministry of Ecology and Natural Resources of the Republic of Azerbaijan and the representatives of the "FMCG” (Daily Consumer Goods) Committee under the American Chamber of Commerce in Azerbaijan. According to European best practices in packaging waste management, the sorting and recycling of packaging waste are taken as a priority, and as a result, the total volume of waste is reduced. This system is managed by an independent association of producers.Though previously, producers were only responsible for the quality and safety of the products they provided to consumers, after the adoption of the relevant directive by European Union in 2008, according to the principles of EPR, producers bear responsibility for the post-consumer life cycle of the packaging as well.In the last meeting held between the Ministry of Ecology and Natural Resources and the private sector, the importance of preparing the appropriate legislation for the application of EPR practice in waste management of our country was highlighted.For this purpose, a Road Map covering the next steps of the implementation of the EPR model in Azerbaijan will be prepared by the FMCG Committee. In order to ensure the implementation of these measures envisaged in the Road Map, producers will create a relevant association.In the near future, detailed information about the Road Map and the EPR draft law will be presented to manufacturers. Furthermore, it is also planned to sign a memorandum of understanding between the government and the industry reflecting the intention of cooperation by the end of the year. 

25 October 2022

AmCham Digital Technology and Innovations Committee’s Meeting

      On October 25, 2022, AmCham Digital Technology and Innovations Committee held the internal meeting. The main purpose of this meeting was to bring AmCham Members together and have broader discussions on current status and further activities of DT&I Committee.       DT&I Committee Chairperson Mr. Babek H. Aghayev welcomed all participants and announced the start of the roundtable discussion.       During the meeting, the participants highlighted major directions and fields of activities they would like the Committee to be engaged in, as well as  touched upon main concerns and challenges in the field of digitalization, innovation and hi-tech. In addition, AmCham members were encouraged to discuss their expectations from the Government in this field, and raise further questions and issues of their interest.        At the end of the meeting, Mr. Babek H. Aghayev thanked everyone for their valuable contributions and mentioned that based on taken notes, all raised issues will be evaluated and relevant actions will be taken by the committee.