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ECONOMICS
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Impossible to constantly maintain high rates of non-oil export – Azerbaijani minister

25 April 2022 12:22

The value of Azerbaijan's non-oil export has been growing by more than 40 percent for the second year in a row.

“We will be unable to always maintain such a pace,” Report news agency informs referring to the statement made by Azerbaijani Economy Minister Mikayil Jabbarov at the conference entitled "The Role of Entrepreneurship in Economic Development". 

“It is hard to achieve these rates,” the minister said adding that they are achieved as a result of newly created enterprises, availability of energy resources, the process of entering new markets, solving of structural problems in the country's economy, improvement of tax and customs administration.” 

Moreover, the minister said that new approaches are being developed in the financial system, it is planned to expand the access of enterprises to internal financial resources.
“Negotiations are also underway with the corresponding structures in the judicial and legal system,” Jabbarov said.

Caliber.Az
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