Baku, Azerbaijan, May 3. A newly designed
valuation sector is currently taking shape in Azerbaijan, said
Vugar Oruj, the chairman of the Azerbaijan Society of Appraisers
(AQC), Trend
reports.
In his speech at the 8th report-election conference of the
society, Oruj highlighted that despite the establishment of the AQC
in 1998 and its registration with the Ministry of Justice in 1999,
the society continues to remain relevant and actively contributes
to the processes.
“During our time, significant steps were taken to develop
international relations among valuers. As a member of the
International Valuation Standards Commission, we are actively
involved.
After I was elected chairman in 2022, our first official visit
was to Türkiye, where they agreed that if state leadership is
fostering unity among Turkish-speaking countries, estimators should
also join this initiative. We committed to bringing together the
Turkish Republic of Northern Cyprus through Türkiye and other
Central Asian Turkish-speaking countries through Azerbaijan to form
a new union.
In May 2024, the third conference of the Council of the
Appraisers’ Associations of Turkic States was held in Azerbaijan,
where the leadership was entrusted to the Azerbaijan Society of
Appraisers,” Oruj said.
The AQC is holding its VIII Report-Election Conference today,
where reports on the society’s activities in recent years will be
presented.
At the conference, a report on the society’s recent activities
will be presented. The election of the new chairman of the AQC, as
well as new members for the Board of Directors and the Control and
Inspection Commission, will take place. Key issues affecting the
appraisal sector and its future growth will also be discussed.
The event will see the participation of government officials,
members of the Milli Majlis, public figures, civil society
representatives, and media representatives. Experts and specialists
from the appraisal field are also expected to attend.
In addition to organizational matters, reports will be
presented, official guests will deliver speeches, and a new
leadership will be selected through a secret ballot.
The conference will conclude with an appeal to the President of
the Republic of Azerbaijan, on behalf of the Azerbaijani
appraisers.
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