BAKU, Azerbaijan, January 22. The State Oil
Company of Azerbaijan (SOCAR) and Swiss SICPA SA signed a services
agreement, Azerbaijan's Minister of Economy Mikayil Jabbarov wrote
on his X page, Trend reports.
"Within the framework of President Ilham Aliyev’s participation
in the World Economic Forum in Davos, SOCAR and Switzerland’s SICPA
SA signed a services agreement.
This collaboration will establish a framework for joint
activities based on modern traceability technologies. The planned
solutions will contribute to strengthening security across the
energy supply chain and enhancing transparency," the post
reads.
SICPA is a Swiss technology company that supports the effective
governance and long-term prosperity of nations. Established in 1927
and headquartered in Switzerland, SICPA is best known for
safeguarding the majority of the world's banknotes.
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