Bank Of Baku

Ilham Aliyev: We need to ensure healthy competition in the country

Ilham Aliyev: We need to ensure healthy competition in the country
# 08 May 2011 04:19 (UTC +04:00)
Azerbaijani President Ilham Aliyev said about it at the meeting dedicated to the development of entrepreneurship in agriculture sector in Karabakh economic area, held on May 6 in Agjabadi.

Azerbaijani President stressed that Azerbaijan’s economy is fully developed. “We have made positive achievements in diversifying the economy. We have to do so in the coming years, these positive trends are even more effort to make our country growing number of modern industrial complexes”, - he said.

President Aliyev said that implemented specific programs to develop non-oil sector. “A second phase of the State program of social and economic development of regions. A second state program to be completed by 2013. As a result, the program will be resolved major social and economic issues facing the country. In recent years, established about one million new jobs. Along with this, increased local production, reduced dependence on imports and reduced poverty”, - President said.

The Head of State noted that has excellent features for agricultural development. “First of all, government policy is in the right direction, support to entrepreneurship development. Annually by the National Fund for Entrepreneurship provides major funds. This year, entrepreneurs will be provided with funds of 125 million manat” – President Aliyev emphasized.

He stressed that both local entrepreneurs and foreign investors are showing interest in Azerbaijan and this is the result of the fact that our country is very correct investment policy. "In general, the volume of investments in Azerbaijan is approaching 100 billion dollars. We can say that just over fifty percent of these investments are domestic investments", - Ilham Aliyev said.

The President noted that Azerbaijan has implemented investment projects. State Investment Company performs very important functions in this area. State Investment Company more financially supports the creation of large infrastructure and industrial facilities. According to the National Fund for Entrepreneurship longer supports the creation of agricultural and processing enterprises and regional significance.

“Implemented infrastructure projects. Now in our country is a large-scale gasification process. Successfully attending rural roads. In subsequent years, more attention should be given to drinking water, sanitation, irrigation, land reclamation. Experience of the past eight years indicates that, in any direction there are excellent results. Established jobs, reduced poverty, created industries, infrastructure projects are implemented. We attracted a very large investment in the electricity sector, and today not only provide ourselves, but even create an export potential", - the Head of State said.

President Ilham Aliyev said that entrepreneurs will continue to be provided state political, economic, and financial support. “In Azerbaijan, the financial problems have already found their solution. Only last year were invested in $ 15 billion” – he said.

According to him, the State will take all measures for the development of the country
However, with increasing competition, of course, related questions will be seen more clearly. "We have to ensure healthy competition in Azerbaijan. It depends on both the business and maybe even more on government agencies. Because sometimes unhealthy competition, the monopoly created by our business becomes very big obstacle. Monopoly shows itself in the import and local production” – President Aliyev said.

The President stressed that combating against bribery and corruption in Azerbaijan gives positive results. It shows itself in the social sphere, activity of state structures is becoming more transparent, increasing public scrutiny. At the same time in the business sector should also be put an end to bribery, unreasonable demands. "Entrepreneurs, for their part, have to fight against the unreasonable demands, to resist when faced with any negative phenomena, notify the appropriate government agencies about any negative phenomena", - Azerbaijani President Ilham Aliyev said.











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