REGISTERED WITH THE COLLEGIUM
OF THE MINISTRY OF JUSTICE OF
THE REPUBLIC OF AZERBAIJAN
“08” August 2016
1. GENERAL PROVISIONS
1.1. The International Eurasia Press Fund (hereinafter referred to as the “Fund”) is an international non-governmental organisation established on a permanent basis in accordance with the Civil Code of the Republic of Azerbaijan, the Law of the Republic of Azerbaijan on Non-Governmental Organisations (Public Associations and Foundations), and other legislation in force. Its activities extend to the territory of the Republic of Azerbaijan and foreign countries.
1.2. The Fund shall acquire legal entity status upon state registration in accordance with the procedure prescribed by law. The Fund shall have an independent balance sheet, bank accounts, a seal, a stamp, an emblem depicting a dove, as a symbol of peace, above a globe, and other identifying particulars.
1.3. Registered address: the Fund is located at 1A Mehdi Huseyn Street, Baku.
1.4. The Fund was registered with the Ministry of Justice on 4 September 1992 under registration number 226.
2. PRINCIPAL OBJECTIVE AND TASKS OF THE FUND
2.1. The principal activity of the Fund shall be to collect and disseminate objective information in regions affected by wars and conflicts, and to study and analyse the historical, political and other aspects of such regions with a view to the peaceful settlement of regional conflicts.
2.2. To conduct research and advocacy aimed at anticipating and preventing potential armed confrontations.
2.3. To assist in eliminating the actual threats arising from the outbreak of an international military confrontation in Nagorno-Karabakh as a result of intervention by third parties, and in achieving a peaceful resolution of the Karabakh problem.
2.4. To organise visits to combat areas and conflict zones by independent journalists, initiators and staff of the Fund, and citizen diplomats.
2.5. To disseminate objective information through the world's mass media.
2.6. To establish its own news agency for the prompt dissemination of information obtained from areas of military operations.
2.7. To participate in organising and conducting independent scientific research and expert assessments.
2.8. To provide the public, on a continuous basis, with objective information on events taking place throughout the world.
2.9. To organise activities aimed at ensuring freedom of expression and freedom of the press.
2.10. To implement social and humanitarian projects aimed at addressing the problems caused by wars and conflicts and promoting sustainable development.
2.11. The Fund may not participate in elections of the President of the Republic of Azerbaijan, the Milli Majlis of the Republic of Azerbaijan, or municipalities.
2.12. To undertake other activities consistent with its objectives and tasks and not prohibited by law.
3. RIGHTS OF THE FUND
3.1. For the purpose of carrying out its statutory tasks, the Fund shall have the right to:
• enter into contracts and agreements;
• establish branches and representative offices within the country and abroad;
• join various organisations and maintain relations with international organisations;
• open bank accounts and conduct settlement transactions;
• hold scientific discussions, symposia, seminars, conferences and other events;
• establish press publications in accordance with the law;
• publish popular science literature, collections and books;
• establish awards;
• engage in entrepreneurial activities that are not prohibited by law and are consistent with its statutory objectives;
• exercise other rights provided for by the legislation of the Republic of Azerbaijan.
4. PROPERTY AND FINANCIAL ACTIVITIES OF THE FUND
4.1. The Fund may own any property not prohibited by the legislation of the Republic of Azerbaijan.
4.2. The property of the Fund shall be derived from the following sources:
• contributions made by the founders;
• voluntary contributions and donations, and income generated from activities provided for in this Charter;
• grants;
• other income not prohibited by law.
4.3. Property and rights in property (lease, gratuitous use, etc.) transferred to the Fund by its founders and other persons shall belong to the Fund.
The Fund may use its property only with the consent of the Board of Trustees and for the purposes specified in this Charter.
4.4. The Fund shall publish reports on the use of its property in the press no later than the fourth month of each following year.
4.5. The Fund's financial resources shall be allocated for remuneration, the performance of work falling within the scope of its activities, and its essential needs.
4.6. The first financial year of the Fund shall run from the date of its state registration until 31 December of the following year. Subsequent financial years shall run from 1 January to 31 December.
5. FOUNDERS OF THE FUND AND THEIR RIGHTS AND OBLIGATIONS
5.1. The initial charter capital of the Fund shall amount to AZN 10,000 (ten thousand manats) and shall be formed from the property of the founders. The founders' respective property interests in the charter capital shall be as follows:
Umud Rahim oglu Mirzayev — 100%.
5.2. The charter capital may subsequently be increased or reduced. Any change in the charter capital shall be registered with the Ministry of Justice.
6. MANAGEMENT AND GOVERNING BODIES OF THE FUND
6.1. The supreme governing body of the Fund shall be the Board of Trustees, constituted by the founders. Members of the Board of Trustees shall be elected by the founders of the Fund for a term of five (5) years. New members may be admitted to the Board of Trustees of the Fund only with the consent of all members of the Board.
6.2. The Board of Trustees shall:
6.2.1. supervise the receipt of funds by the Fund;
6.2.2. supervise the expenditure of the Fund's resources;
6.2.3. determine the general directions of the Fund's activities;
6.2.4. approve the Fund's programmes and supervise their implementation;
6.2.5. elect and remove the President of the Fund;
6.2.6. receive the reports of the President of the Fund;
6.2.7. appoint the Fund's auditor and receive the auditor's reports;
6.2.8. approve the expenditure estimates for the Fund's administrative staff;
6.2.9. approve the annual reports on the use of the Fund's property that are required to be published;
6.2.10. consent to the appointment and dismissal of the Fund's Chief Accountant;
6.2.11. consent to the appointment of directors and coordinators of the Fund's programmes;
6.2.12. decide on the establishment of advisory and expert councils attached to the Fund and the appointment of their members;
6.2.13. decide on the establishment of branches and representative offices of the Fund and approve their regulations;
6.2.14. decide on the establishment of business companies by the Fund or the Fund's participation in any business company;
6.2.15. amend and supplement this Charter where required by the interests of the Fund and its statutory objectives;
6.2.16. decide on the reorganisation and liquidation of the Fund.
6.3. Decisions on the matters specified in Clauses 6.2.15 and 6.2.16 of this Charter shall require the consent of more than three quarters of the members of the Board of Trustees of the Fund. Decisions on all other matters shall require the consent of more than half of the members of the Board of Trustees of the Fund.
6.4. Except for the matters specified in Clauses 6.2.15 and 6.2.16 of this Charter, decisions on other matters may be adopted by absentee voting in accordance with the procedure established by the Board of Trustees of the Fund. If any member of the Board of Trustees objects to absentee voting on a matter, the vote shall be held in person.
6.5. The work of the Board of Trustees of the Fund shall be organised by the President of the Fund. Decisions of the Board of Trustees shall be communicated to all its members. Decisions shall be signed by the Chair of the Board of Trustees of the Fund.
6.6. Meetings of the Board of Trustees shall be held at least once a month.
6.7. The President of the Fund shall be elected by the Board of Trustees of the Fund for a term of five (5) years. The President of the Fund may be a founder or another third party.
6.8. Between meetings of the Board of Trustees, or where exceptional circumstances prevent the Board from holding its meetings, the President may take any urgent measures, provided that the President reports on such measures at the first subsequent meeting of the Board.
6.9. The President of the Fund shall exercise the following powers:
6.9.1. provide overall direction for the management of the Fund's affairs and the implementation of decisions adopted by the Board of Trustees;
6.9.2. convene and chair meetings of the Board of Trustees;
6.9.3. report to the Board of Trustees on the activities of the Fund;
6.9.4. coordinate the work of the Fund's bodies;
6.9.5. represent the Fund at both national and international levels;
6.9.6. perform any other function entrusted to the President by the Board of Trustees;
6.9.7. regularly hear the reports of the Executive Director and adopt appropriate decisions thereon;
6.9.8. administer the Fund's financial resources in agreement with the Board of Trustees;
6.9.9. appoint and dismiss members of the Fund's administrative staff;
6.9.10. submit proposals to the Board of Trustees of the Fund regarding candidates for the positions of Chief Accountant and directors and coordinators of the Fund's programmes;
6.9.11. enter into contracts on behalf of the Fund with the consent of the Board of Trustees of the Fund;
6.9.12. organise the preparation of the Fund's programmes and projects, or expert assessment of prepared projects, and submit completed projects to the Board of Trustees of the Fund for approval;
6.9.13. organise the implementation of approved projects;
6.9.14. prepare reports on the expenditure of the Fund's resources and submit them to the Board of Trustees of the Fund for approval;
6.9.15. submit periodic reports to the Board of Trustees of the Fund on the progress of implementation of the Fund's programmes, in accordance with the procedure and within the time limits established by the Board.
6.10. During the President's temporary absence, the Executive Director or a member of the Board of Trustees may act in the President's place pursuant to an order of the President.
6.11. The Executive Director of the Fund shall be appointed and dismissed by the President.
6.12. The Executive Director shall perform the following functions:
6.12.1. implement the decisions of the Board of Trustees and the instructions issued by the President of the Fund;
6.12.2. manage the Fund's administrative staff and bear responsibility for the performance of the work assigned to them;
6.12.3. prepare the Fund's budget and financial statements;
6.12.4. perform any other function entrusted to the Executive Director by the President within the framework of this Charter.
6.13. The Executive Director shall regularly provide the President with comprehensive information on the Executive Director's work.
7. REORGANISATION AND LIQUIDATION OF THE FUND
7.1. The Fund may be reorganised (by merger, accession, division or transformation) only in the cases and in accordance with the procedure permitted by law, with the consent of all members of the Board of Trustees of the Fund.
7.2. The Fund shall be liquidated by a court in the cases provided for in the Civil Code of the Republic of Azerbaijan. The authority to initiate the liquidation of the Fund on behalf of the Fund itself shall vest in the Board of Trustees of the Fund.
7.3. The liquidation of the Fund shall be carried out in accordance with the Civil Code of the Republic of Azerbaijan.
7.4. Upon liquidation of the Fund, its remaining property shall be applied to the purposes specified in this Charter or, where this is not possible, transferred to the state budget.
7.5. Other matters not regulated by this Charter shall be resolved in accordance with the procedure prescribed by law.
7.6. Should any provision of this Charter conflict with legislation in the future, the requirements of the legislation shall prevail.