Page 47 - Azerbaijan State University of Economics

THE JOURNAL OF ECONOMIC SCIENCES: THEORY AND PRACTICE, V.72, # 2, 2015, pp. 43-53

considered when processing standards, whereas product safety indicators have taken
as a basis when processing technical regulations. Therefore, accordingly the aim of
participation of the private sector in processing of technical regulations should be
development of safety requirements determined for its own products and while study
of mechanisms to ensure it, the aim of participating in the development of standards
should be in obtaining of the scientific achievements and new technologies and thus in
improvement of the quality and competitiveness of their products. However,
fulfillment of the safety requirements in technical regulations leads to safe and
competitive manufacturers‟ products, and this in turn leads to increased confidence in
their products and being more competitive. That is, in both cases the private sector
achieves economic benefit when participated in the preparation of these documents
[Kleinemeyer J. 1995. p.7-8; Grindley P.C. 1995. p.223].
In addition to the participation of the private sector in the national technical
committees, its participation in the development of international standards and
national standards of foreign countries should be encouraged. This is important either
being a requirement of the WTO or taking into account the interests of the national
economy in international standards and facilitate subsequent application of
international standards in the country. On the other hand, the most important aspect
which makes necessary the participation of the private sector in the development of
regulatory documents is their contribution to how the provisions of the international
standards, taken as a basis, complies with the interests of the national economy, and
which adaptations should be made in the national technical regulations and standards
adopted on the basis of this international standard in terms of local climate,
geographical, technological, environmental and economic factors. Because, there
might be such requirements of international standards, direct application of which, due
to the above factors, is not appropriate in our country. In this regard, what adaptations
should be justified by the private sector to substantiate its position [International Trade
Center. 2004. p. 24]. So, involvement of the private sector in both technical
committees, either created under the State Committee on Standardization, Metrology
and Patents of Azerbaijan for development of the technical regulations, or under
Azerbaijan Institute of Standardization and Certification for preparation of national

standards, is a very important issue.
To ensure the participation of the private sector in the development of
regulations the extensive educational work should be carried out first and then the

47