President of the Republic of Azerbaijan Ilham Aliyev signed an order “On creation of Azerkhalcha OJSC on May 5. According to the document, state owned Azerkhalcha OJSC is being created. In the meantime, science-creative production union Azerkhalcha will be closed. The union is producing carpets and rugs in the Republic of Azerbaijan, exporting and selling them abroad. It applies new technologies in production of carpets and rugs, modernizes a material-technical base and carries out other work on development of this sphere.