Azerbaijan may freeze assets of mass destruction weapon distributors
Assets of distributors of mass destruction weapons may be frozen in Azerbaijan, Trend reports.
This issue was reflected in a bill ‘On targeted financial sanctions' put up for discussion at a joint meeting of the Azerbaijani Parliament’s committees on defense, security and combating corruption and the Committee on Economic Policy, Industry and Entrepreneurship, held on December 7.
According to the bill, targeted financial sanctions have a preventive character and envisage a number of measures aimed at preventing the financing of terrorism and the proliferation of weapons of mass destruction.
These measures include the immediate freezing of assets, and the prohibition of the provision of individuals and institutions subject to sanctions, assets, economic resources, and financial and other...