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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

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

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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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MEMBERSHIP TYPES

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

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Important highlights from AmCham Events
4 March 2021

AmCham Annual General Meeting (AGM) 2021

On March 4, 2021 the American Chamber of Commerce in Azerbaijan (AmCham Azerbaijan) held its Annual General Meeting (AGM).The Executive Director of AmCham Azerbaijan, Mrs. Gulnara Aslanbayli welcomed all AmCham members with an opening speech and announced the agenda of the meeting.President of AmCham Azerbaijan, Mr. Nuran Kerimov delivered a comprehensive presentation on report dedicated to the activities of 2020 of the Chamber. Strategic goals and financial report of AmCham Azerbaijan, as well as the achievements of the last year were highlighted during the presentation. Moreover, Mr. Kerimov announced that as a support to member companies, the AmCham Board of Directors approved membership fee exemption program for the year of 2021 to be applicable to the members operating in the sectors mostly affected by the pandemic. Furthermore, the issue on setting the date of the Board of Directors Elections  was also put into discussion. As a result, by the majority of votes, it was decided to postpone Board of Directors Election to 2022.At the end of the AGM, Mr. Kerimov expressed his gratitude to all AmCham members for their continuous support and fruitful cooperation.Powered by Froala Editor

24 February 2021

AmCham Members' Online February Luncheon

On February 24, 2021, the American Chamber of Commerce in Azerbaijan (AmCham Azerbaijan)  hosted its monthly Members’ Online Luncheon. The Guest Speaker of this month was Dr. Taleh Ziyadov, Director-General of “Baku International Sea Trade Port” CJSC. Around a hundred AmCham members and partners attended the event, including representatives of diplomatic corps. President of AmCham Azerbaijan, Mr. Nuran Karimov welcomed the participants with an opening speech and introduced the guest speaker.Dr. Taleh Ziyadov started his speech by emphasizing the role of the Glorious Victory of Azerbaijan in expansion of the country’s opportunities in becoming regional transport and logistics hub through opening of the communication lines of the region considered in Agreement signed on November 11, 2020. Referring to the results of 2020, Dr. Taleh Ziyadov said that despite the COVID-19 pandemic, the turnover of the Port of Baku has increased by 20%. In his presentation, he also spoke on the activities of the Baku International Sea Trade Port , including development strategy for the next 2 years, agreements reached with leading logistics hubs and transport companies in Asia and Europe, and innovations in the country’s transport sector.Moreover, Dr. Ziyadov made an announcement of the upcoming Trade Mission Program to Belgium, jointly organized by Baku International Sea Trade Port (Port of Baku), Antwerp International Port together with APEC Antwerp & Flanders International Training Center, and AmCham Azerbaijan as an information partner. The Trade Mission Program will include trainings on topics such as environmental and occupational safety, improvement of trade and operational processes, as well as innovation and digitalization. It was also noted that the participants will be able to get acquainted with the activities of the Antwerp and North Seaports, the international logistics center and the customs service of the region for 5 days. Afterwards, he invited AMCHAM members to participate in the Trade Mission Program.In conclusion, all the questions and comments of the participants were addressed by Dr. Taleh Ziyadov.At the end of the luncheon, Mr. Nuran Kerimov thanked everyone for participation.Powered by Froala Editor

29 January 2021

Online AmCham Members Luncheon

On January 29, 2021 the first Online Luncheon of AmCham Members on “Organization of Digital Employment” was held. The guest speaker of the meeting was Mr. Mustafa Abbasbeyli, Chairman of the Board of the State Employment Agency of the Ministry of Labor and Social Protection of Population.President of AmCham Azerbaijan, Mr. Nuran Karimov welcomed the participants with an opening speech. The significance of such events for the exchange of views on the cooperation opportunities between government and business representatives was noted during his speech. Mr. Mustafa Abbasbeyli delivered a wide presentation on “Organization of Digital Employment” comprehending relevant issues and topics in its implementation.   Moreover, Mr. Farid Valiyev, Deputy Chairman of the Management Board, Mr. Emil Huseynov, Head of Human Resources Department of the Ministry of Labor and Social Protection of Population, Mr. Orkhan Rasulov, Head of Digital Employment Department of the Ministry of Labor and Social Protection of Population, Ms. Fatima Alakbarova, Deputy Head of Baku City Employment Center and Ms. Asmar Bayramova, Employee of the Strategic Communications Department were also guests of the luncheon. At the end, all questions of member participants were addressed by Mr. Mustafa Abbasbeyli and other senior representatives of the ministry. Powered by Froala Editor

8 January 2021

Online meeting was held between leadership of AmCham Azerbaijan and the Ministry of Labor and Social Protection of Population

On January 8th, online meeting was held between the leadership of the American Chamber of Commerce in Azerbaijan (AmCham Azerbaijan) and the Ministry of Labor and Social Protection of Population of the Republic of Azerbaijan on social support for the families of martyrs and war-wounded, as well as potential cooperation in this area.President of AmCham Azerbaijan, Nuran Kerimov welcomed the participants with an opening speech. He stressed the significance of such events in continuation of a dialogue between the public and private sector. Mr. Kerimov noted that AmCham Azerbaijan, as part of its corporate social responsibility policy, pays special attention to improvement of social security of the families of martyrs and war-wounded. He also said that the member companies of the Chamber have been constantly making contribution in this direction.Deputy Minister of Labor and Social Protection of Population, Anar Karimov noted that such event has been a beneficial platform for the exchange of views on the cooperation opportunities between government and business representatives. He also briefed the participants on the projects currently being implemented by the Ministry in this direction and the measures taken to improve the social security of the families of martyrs and war-wounded. Mr. Karimov noted that this initiative of AmCham Azerbaijan is highly commendable and the Ministry is ready to continue cooperation with the Chamber.Chairman of the Board of the State Employment Agency Mustafa Abbasbayli, Chairman of the Board of the DOST Agency Farid Mammadov and other senior officials of the Ministry also made speeches at the meeting. During the meeting, questions and recommendations also were expressed by the representatives of the Chamber. At the end, the parties agreed to hold joint events on providing social support to the families of martyrs and war-wounded, as well as ensuring their employment.AmCham Azerbaijan is a leading private, non-profit business association supporting and promoting the interests of foreign and local businesses in Azerbaijan. Established in 1996, the Chamber is composed of over 260 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.Powered by Froala Editor

15 December 2020

AmCham Azerbaijan pledges support to Government of the Azerbaijan Republic

The American Chamber of Commerce in Azerbaijan (“AmCham Azerbaijan”) pledges its full Support to the Government of Azerbaijan (“Government”) in post-war recovery period.As a largest business association in Azerbaijan uniting 260 members we stand ready to support the Government’s efforts in rehabilitation and development of the liberated territories and are willing to make our contribution. We will be working closely with the Government, wide local and foreign business community as well as other interested parties on finding and implementing sustainable policy and implementation solutions to this most important goal of our country. AmCham Azerbaijan also strongly welcomes the establishment of “YASHAT” Fund by the President Ilham Aliyev  and is ready to provide all necessary assistance and support to it. The Chamber pays tribute to all heroes who sacrificed their lives and health for the country and calls on all its members to show necessary moral and financial support to the impacted families.Powered by Froala Editor

12 December 2020

Support to the war-wounded and families of martyrs of the 44-day Patriotic War

During last two months our hearts have been beating with the Glorious Azerbaijani Army fighting against Armenian aggression for restoring the justice and obliging Armenia to peace.We once again congratulate all of you and the people of Azerbaijan on the brilliant Victory achieved as a result of the 44-day liberation campaign. AmCham extends its deepest condolences to the families of military servicemen who died heroically for the Victory and to the families of civilians who lost their lives a result of war crimes and terrorism perpetrated by Armenia.As you may already know, on December 8, 2020, the President Ilham Aliyev signed Order on establishment of “YASHAT” Fund in order to support the war-wounded and families of martyrs who protected the territorial integrity of the Republic of Azerbaijan. Under the presidential order, the Fund’s resources shall be formed through voluntary financial assistance (donations) provided by citizens of the Republic of Azerbaijan, Azerbaijanis living abroad, other individuals and legal entities, as well as other sources not prohibited by law.As AmCham, we applaud this initiative and support the establishment of the Fund. Staying committed to the last two years’ decision of the Chamber on changing the policy on delivery of traditional corporate gifts at the end of each year, we encourage all our members to donate holiday gift budgets to the “YASHAT” Fund.We once again pay tribute to all our heroes who sacrificed their lives and health for making our life better!Powered by Froala Editor

3 November 2020

The American Chamber of Commerce in Azerbaijan unequivocally supports the territorial integrity of Azerbaijan.

As the largest and the oldest business association of the country, we reprehend business activities conducted in the occupied territories of Azerbaijan as well as any financial or other support to the illegal separatist regime in Karabakh.We strongly condemn all individuals and companies engaged in such illegal activities. We also note that any direct or indirect business relations with the organizations engaged in illegal activities on the occupied territories of Azerbaijan is unacceptable.We would like to remind members that individuals and companies engaged in such business practices in the Nagorno-Karabakh region and other occupied territories of Azerbaijan are legally liable for breaching Azerbaijan’s territorial integrity and sovereignty, national and international laws.We call on every individual and company to comply with Azerbaijan’s applicable laws and principles of the international law, and to respect the territorial integrity and sovereignty of the Republic of Azerbaijan.Powered by Froala Editor

9 October 2020

Joint Statement of the Business Community of Azerbaijan

The American Chamber of Commerce in Azerbaijan (AmCham), The British Business Group in Azerbaijan (BBG), The Azerbaijan-France Chamber of Commerce and Industry (CCIAF), The Italy-Azerbaijan Chamber of Commerce (ITAZERCOM) and The Israel-Azerbaijan Chamber of Commerce and Industry (IACCI) jointly express their support to the Azerbaijani Nation.We condemn all military actions by the Republic of Armenia towards the Republic of Azerbaijan including recent and ongoing attacks targeting civilians and critical infrastructure outside the conflict zone. We extend our condolences to those who have suffered as a result of the hostilities and we wish everyone to stay safe.We unequivocally support the territorial integrity of Azerbaijan and call for resolution of the conflict within the framework of international law and in line with the UN Security Council Resolutions 822, 853, 874 and 884, which demand immediate, complete and unconditional withdrawal of all Armenian forces from all the occupied territories of the Republic of Azerbaijan.The liberation of several territories in the past week from the occupation gives hope for the first time in 30 years that more than one million Azerbaijani refugees and internally displaced people may  return to their homes and enjoy a sustainable peace in a stabilized region.Powered by Froala Editor

5 October 2020

AmCham Azerbaijan supports territorial integrity of Azerbaijan

The American Chamber of Commerce in Azerbaijan (AmCham) is deeply concerned with the events developing in the Nagorno-Karabakh region and other areas of Azerbaijan. AmCham Azerbaijan strongly condemns all attacks on Azerbaijan, especially recent large-scale shelling of civilian population and strategic infrastructure facilities carried out from  the territory of Armenia.AmCham Azerbaijan unequivocally supports the territorial integrity of Azerbaijan and calls for the resolution of the conflict within the framework of international law and in line with the UN Security Council Resolutions 822, 853, 874 and 884 which demand immediate, complete and unconditional withdrawal of all the occupying  forces from the occupied territories of the Republic of Azerbaijan.The liberation of several occupied territories in the past week from the Armenian occupation gives hope, first time in 30 years, for more than one million of Azerbaijani refugees and internally displaced people to return to their homes and sustainable peace and stability in the region.Powered by Froala Editor

26 August 2020

AmCham Webinar on Economic Implications of the Armenia-Azerbaijan conflict

On August 26, 2020, AmCham Azerbaijan organized a webinar for its members on “Economic Implications of the Armenia-Azerbaijan conflict”. The webinar was conducted by our guest speaker, Dr. Farid Shafiyev, Chairman of the Board of the Center for Analysis of International Relations.Mr. Shafiyev shared both political and economic perspectives on the topic. He also briefed the participants on negative economic impacts of the conflict on Azerbaijan and on the whole region. It was also noted that the conflict creates big threat to the security and stability in the region which also affects business and investment climate too.The webinar was concluded with the Q&A session.Powered by Froala Editor