(Read full article on report.az)

Next year, the main priorities of the Azerbaijani government will be reforms and the development of a competitive environment.

Report informs, Minister of Economy Mikail Jabbarov said this during the presentation of the annual report “Foreign Business in Azerbaijan: Business Climate – Review 2021” by the German-Azerbaijan Chamber of Commerce.

“Today, the country still has a lot of potential for investment in various sectors of the economy,” the minister said, inviting foreign companies to participate in projects, including in the liberated territories of Azerbaijan.

According to him, the creation of specialized economic zones is also expected in Karabakh.

“In industrial parks, incentive measures for export-import operations, customs and tax incentives will be applied, which in turn will help to increase the country’s non-oil exports in the future,” Jabbarov said, adding that the export of goods in this segment is planned to be increased to USD 2.2 billion.