Three­fold rise fore­casted in non-oil ex­ports by 2025

Azer News - - Front Page - By Kamila Aliyeva

By 2025 the vol­ume of Azer­bai­jan’s non-oil ex­port per capita can be in­creased up to $450 at least, which is more than three­fold growth.

The state­ment was made by Econ­omy Min­is­ter Shahin Mustafayev at a repub­li­can meet­ing of non-oil ex­porters held in Yevlakh on April 17.

"Un­doubt­edly, for suc­cess­ful ful­fill­ment of this task, the coun­try's econ­omy must have a strong and com­pet­i­tive non-oil sec­tor," Mustafayev said. The min­is­ter re­minded that with a view to ex­pand the po­ten­tial of non-oil in­dus­try and agri­cul­ture, in­clud­ing hazel­nut, viti­cul­ture and wine­mak­ing, to­bacco grow­ing, cot­ton grow­ing, silk­worm breed­ing, tourism and tran­sit po­ten­tial, and to de­velop other sec­tors, leg­is­la­tion and busi­ness-in­vest­ment en­vi­ron­ment has been im­proved, while var­i­ous mech­a­nisms of the state sup­port are be­ing im­ple­mented.

Mustafayev men­tioned that the Aran Re­gional De­vel­op­ment Cen­ter, where the busi­ness in­cu­ba­tor, ex­hi­bi­tion and train­ing halls were cre­ated, is a clear ex­am­ple of the sup­port and at­ten­tion pro­vided by the Azer­bai­jani Pres­i­dent to entrepreneurs.

"The cre­ation of 51 lo­gis­tics cen­ters, 23 grain stor­age fa­cil­i­ties, 16 fruit and veg­etable pro­cess­ing en­ter­prises, 20 large farms, 23 mod­ern cat­tle farms, 56 green­houses, 16 viti­cul­ture, 23 fish and 39 poul­try farms, 10 milk pro­cess­ing en­ter­prises, a mul­ti­ple ex­pan­sion of the green­house ar­eas in re­cent years, only through con­ces­sional loans is­sued by the Na­tional Fund for En­trepreneur­ship Sup­port, make a great con­tri­bu­tion to in­creas­ing ex­ports in the agri­cul­tural sec­tor," the min­is­ter said.

The launch of mod­ern en­ter­prises in in­dus­trial parks and zones, in­vest­ments in the amount of 1.2 bil­lion manat, which will be in­vested in the frame­work of 130 doc­u­ments on in­vest­ment pro­mo­tion, 32 agro-in­dus­trial parks be­ing cre­ated in 24 re­gions of the coun­try, as well as 12 cat­tle-breed­ing complexes, 20 large plant-grow­ing farms and other works to be re­al­ized in the com­ing years will in­crease the pro­duc­tion and ex­port po­ten­tial of the non-oil sec­tor, ac­cord­ing to Mustafayev.

Be­sides, to sup­port pro­duc­tion and ex­pand the ex­port po­ten­tial, spe­cific du­ties for two years were in­tro­duced for the im­port of 84 prod­ucts, which have a high level of self-suf­fi­ciency and lo­cal pro­duc­tion po­ten­tial, he noted.

The min­is­ter said that this is a great sup­port for lo­cal pro­duc­tion of goods with a high level of self- suf­fi­ciency. Thus, in the first quar­ter of this year, the to­tal vol­ume of im­ports fell by 17 per­cent, while non-oil im­ports – by 20 per­cent, ac­cord­ing to the min­is­ter.

“The de­crease in im­ports for some types of goods, on which spe­cific du­ties are ap­plied, was sig­nif­i­cant. In par­tic­u­lar, the im­port of ce­ment and clinker de­creased by 92 per­cent, tiles and ce­ramic tiles – by 55 per­cent, dry­wall – by 49 per­cent, hazel­nuts – by 58 per­cent, toma­toes – by 49 per­cent, pears – by 37 per­cent, ap­ples – by 33 per­cent, while the im­port of eggs and onions, we can say, is prac­ti­cally sus­pended,” Mustafayev said.

The min­is­ter said that the list of goods for which spe­cific du­ties is ap­plied, will be ex­panded to fur­ther in­crease self-suf­fi­ciency.

In the first quar­ter of 2017, the non-oil sec­tor of econ­omy grew by 2.4 per­cent. The trade turnover in­creased by 15 per­cent, ex­ports saw a nearly 50 per­cent growth and im­ports fell by 17 per­cent. The ex­ports of agri­cul­tural prod­ucts in­creased by 44 per­cent.

De­vel­op­ment of the non-oil sec­tor is a pri­or­ity area in Azer­bai­jan. The gov­ern­ment ef­forts to stim­u­late non-oil ex­ports, in par­tic­u­lar through its ‘Made in Azer­bai­jan’ pro­mo­tion, are ex­pected to cat­alyze growth in agri­cul­ture.

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