BAKU, Azerbaijan, November 2. Kyrgyzstan and
Azerbaijan discussed ways to expand cooperation in the areas of
antitrust policy, competition protection, and state price
regulation, on the sidelines of the 61st meeting of the Interstate
Council on Antimonopoly Policy.
According to the press service of the Ministry of Economy and
Commerce of Kyrgyzstan, the issues were discussed at a meeting in
Khankendi, Azerbaijan, between Deputy Minister of Economy and
Commerce Benazir Nurlanova and Elnur Baghirov, Chairman of the
State Agency for Antimonopoly and Consumer Market Control under the
President of the Republic of Azerbaijan.
The parties discussed the exchange of experience in law
enforcement practice, including the implementation of Azerbaijan’s
Competition Code, as well as price monitoring and improving
antimonopoly control mechanisms.
The sides expressed interest in strengthening direct working
contacts and expanding expert cooperation. They agreed to agreed to
organize reciprocal working visits in the near future, to exchange
practical experience and further develop cooperation in
antimonopoly policy, competition development, and pricing.
The Interstate Council on Antimonopoly Policy is a platform for
cooperation among the competition authorities of the CIS member
states. It allows participants to discuss regulatory approaches,
exchange enforcement experience, and coordinate efforts to address
competition issues.
Competition policy generally covers preventing anti-competitive
practices, protecting consumer interests, overseeing market
conduct, and creating fair conditions for businesses. National
authorities also use price monitoring and regulatory mechanisms to
assess market developments and respond to potential violations of
competition rules.
