No political obstacle for entrepreneurs to get access to any market – president
“There are traditional markets and our products are exported to those markets. However, one day those countries will meet their demand thanks to their own products, what will we do then? Therefore, we must explore that what the current situation and potential is. In parallel, we must access to new markets. We must not think that we have traditional markets and sent our product to there. We must pursue accurate policy in this sphere. Export diversification is not only measured by ranges. We must get access to new markets and strengthen our positions in current markets”, he said.
President noted that these have various ways: “I think the first is existence of political links. Azerbaijan has good business relations with all countries, particularly neighboring countries. This is a rare position in the world. Excluding Armenia, we have not any problems with our neighbors. On the contrary, as a result of policy we pursued in recent years, or relations with four neighboring countries develop and are at the highest level today. Therefore, entrepreneurs should use this opportunities. There is not any political obstacle for them to access to neighboring and any markets. However, we see there are problems somewhere and these problems affect the entrepreneurs, several restricting measures are taken and problems occur for export. Our entrepreneurs are free of these problems. But I’d like to say once more that we must explore the markets and get access to new ones. We must strengthen our positions in foreign markets and creation of logistics centers attaches great importance for this. Azerbaijan’s first logistics center was established in Aktau, Kazakhstan. This center attaches great importance. It will allow us to export our products to Middle Asian, Kazakh markets. Such centers should be created in other countries too. Azerbaijanis living abroad should play their role in this issue”.
Related news releases
19.04.2018
Minister: Hosting Expo 2025 would cost 765mln euros19.04.2018
Azerbaijan Industry Bank sees rise in total capital19.04.2018
Azerbaijan-based insurers ranking for premiums growth rate19.04.2018
Azerbaijan-based insurers ranking ratio of payments to premiums19.04.2018
Azerbaijan-based insurers ranking for market share of payments19.04.2018
Azerbaijan-based insurers ranking for market share of premiums19.04.2018
Azerbaijan-based insurers ranking for payments19.04.2018
Azerbaijan-based insurers ranking for premiums19.04.2018
Azerbaijan-based 21 insurers’ premiums exceed AZN 193M19.04.2018
Nakhchivan Bank increases liabilities19.04.2018
Trade turnover between Azerbaijan and Georgia exceeds $270M this year18.04.2018
Iran refuses USD in international settlements18.04.2018
USD rate for tomorrow announced18.04.2018
49% of SOFAZ investment portfolio is in USD18.04.2018
Gunay Bank increases assets by 53%18.04.2018
Bank of Baku gets decline in liabilities18.04.2018
SOFAZ earns AZN 4.4B in Q118.04.2018
IMF: Current account balance to make up 5.6% of GDP in Azerbaijan this year18.04.2018
Foreign companies and organizations direct more than $1.3B to fixed capital18.04.2018
Minister: Azerbaijan invested $1.2B in Switzerland17.04.2018
Personal incomes rise by 9.8% in Azerbaijan17.04.2018
Azerbaijan sees 2.3% growth in economy in Q117.04.2018
Azerbaijan to reduce tax burden on small and medium business17.04.2018
CEO: Central Bank of Azerbaijan sold sufficient cash to banks17.04.2018
PASHA Bank creates digital laboratory jointly with IBM17.04.2018
AMCGF places first tranche of bonds17.04.2018
Turan Bank ends Q1 on loss17.04.2018
Amrahbank increases deposit portfolio16.04.2018
Xalg Bank sees 24% rise in liabilities16.04.2018
National Bank of Pakistan Baku branch increases liabilities16.04.2018
USD rate for tomorrow announced16.04.2018
Bank Eurasia gets 24% decline in deposit portfolio16.04.2018
Anglo-Asian Mining owes $18.9M to Azerbaijani banks16.04.2018
Money transfers from Azerbaijan to Georgia increase16.04.2018
Nar supports NETTY-2018 national internet award16.04.2018
IBA gets decline in liabilities16.04.2018
Georgia’s debt to Azerbaijan announced16.04.2018
Central Bank announces result of today’s auction16.04.2018
Kapital Bank increases deposits by 8% this year13.04.2018
Working Group on preparation of consolidated 2017 EIT report holds its first meeting17.04.2017
Azerbaijan to allocate loans for fields with low production17.04.2017
State budget executed with AZN 179M surplus in January-February18.04.2017
Individuals’ deposits make up over AZN 3.6 million in United Credit Bank17.04.2017
Central Bank attracts AZN 298M17.04.2017
Date of EU-Azerbaijan business forum announced14.04.2017
Baku branch of National Bank of Pakistan ends Q1 on loss




