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Agency in Azerbaijan focuses on steering innovation legislation in annual agenda

GenevaTimes by GenevaTimes
February 2, 2026
in Europe
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Agency in Azerbaijan focuses on steering innovation legislation in annual agenda

BAKU, Azerbaijan, February 2. The Innovation
and Digital Development Agency (IDDA), operating under the Ministry
of Digital Development and Transport, will place special emphasis
on improving innovation-related legislation in its activities this
year, IDDA Chairperson Farid Osmanov said during a press conference
on the agency’s annual performance, Trend reports.

He noted that work on legislative projects aimed at expanding
venture activities, investment funds, and financial instruments is
nearing completion in coordination with the relevant
authorities.

“Moreover, we have plans to expand the operations of
technoparks. Relevant projects in this direction have already been
prepared and submitted to the respective authorities,” Osmanov
added.




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