The President of the Republic of Azerbaijan Ilham Aliyev has signed a Decree “On some issues related to the use of the Registered Exporters System of the European Commission by the Republic of Azerbaijan”, Ednews reports.

According to the Decree, it was determined that the Ministry of Economy of the Republic of Azerbaijan is the single competent body that ensures the issuance of a confirmation code on the registration of exporters for the purpose of using the Registered Exporters System (REX) of the European Commission, that provides answers to requests from EU member states, as well as the Kingdom of Norway and the Swiss Confederation, regarding the granting of tariff preferences (concessions) unilaterally within the Generalized System of Preferences (GSP) and implementation of other works in this context.

The Cabinet of Ministers will resolve the issues arising from this Decree.

Ministry of Economy:

- Shall approve and inform the President of the Republic of Azerbaijan within four months of the procedures for issuing a confirmation code for the registration of exporters and responding to incoming requests;

Shall take necessary measures to resolve other issues arising from this Decree.

The Ministry of Foreign Affairs shall send a corresponding notification to the member states of the European Union, the Kingdom of Norway and the Swiss Confederation on the establishment of Ministry of Economy of the Republic of Azerbaijan as a single competent body, with the 1st part of this Decree.