Diversification, investment, return: Azerbaijan sets strategic priorities for next decade

Azerbaijan has officially initiated the development of its strategic framework for the period 2027–2030, with Minister of Economy Mikayil Jabbarov chairing the first meetings of key working subgroups tasked with shaping the country’s economic trajectory.

According to a statement shared by the minister on his official account on social media platform X, the sessions focused on two critical areas: "Economic Growth" and the "Integration of the Economy of the Territories into Domestic and Global Value Chains for Sustainable Settlement," Caliber.Az reports.

Together with colleagues, we convened the inaugural meetings of the sub-working groups on "Economic Growth" and "Integration of the Economy of the Territories into Domestic and Global Value Chains for Sustainable Settlement," formed with the objective of drafting the… pic.twitter.com/ZXN47JPFrC

— Mikayil Jabbarov (@MikayilJabbarov) July 30, 2025

"Together with colleagues, we convened the inaugural meetings of the sub-working groups on "Economic Growth" and "Integration of the Economy of the Territories into Domestic and Global Value Chains for Sustainable Settlement," formed with the objective of drafting the "Socio-Economic Development Strategy of the Republic of Azerbaijan for 2027–2030" and the ‘Second State Programme on the Great Return to the Liberated Territories of the Republic of Azerbaijan.’

During the discussions, we reaffirmed the goals and action plans aligned with the country’s socio-economic development priorities.

We underscored the importance of diversifying the economy, promoting investment, supporting entrepreneurs, stimulating #business activity in the liberated territories, fostering private-sector growth, advancing an export-oriented development model, and further improving the business environment,” 

By Vafa Guliyeva