February 16, 2021

From now on, mineral deposits will be put up for auction. An agreement on this was reached between the Auction Center of the State Service for Property Issues under the Ministry of Economy and the State Agency for Subsoil Use of the Ministry of Ecology and Natural Resources. The goal is to expand a competitive economic environment based on the principles of sustainable development in the regions, to form an environmental safety system that ensures the efficient use of natural resources and reliable environmental protection. This is stated in a joint message of the Ministry of Economy and the Ministry of Ecology. It should be noted that the deposits located in the Agjabedi, Beylagan, Geranboy, Goygol, Gazakh and Tovuz regions will be put up for auction for subsequent exploitation. At the same time, after the revaluation of the existing mineral deposits in the territories liberated from the Armenian occupation, it is planned to put them into operation through an auction in accordance with the legislation. The Ministry of Economy reports that detailed information on the terms of the auction, commissioned mineral deposits will be posted on the


Source: Turan News Agency

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