The Alat Free Economic Zone offers a favorable business environment for entrepreneurs, Deputy Minister of Economy Azer Bayramov said during today's joint meeting of the Milli Majlis Committees on Youth and Sports, Public Associations and Religious Organizations, and Culture, while discussing the draft law "On the State Budget for 2027," APA reports.
He noted that starting next year, if at least half of the Azerbaijani-origin products manufactured in this zone and included in the approved list are exported, the remaining portion can be placed on the domestic market without customs duties:
"Measures to improve the zone's infrastructure will increase production and export potential."