Azer News

Global demand in “Made in Azerbaijan” products ups

- By Nigar Abbasova

The export promotion portal of Azerbaijan - azexport.az has allowed to increase demand in “Made in Azerbaijan” products.

Vusal Gasimli, the director of the Center for Analysis of Economic Reforms and Communicat­ions said that every week the portal receives orders worth $10 million, mentioning that the figures show high interest in Azerbaijan­i products.

Gasimli , addressing a press conference in Baku, February 24, said that ‘Digital Trade Hub of Azerbaijan’ section will soon be available on the portal.

He noted that the work on the creation of the new section will be implemente­d in two directions.

The first direction envisages applicatio­n of “one window” principle for getting all licenses necessary for export of Azerbaijan­i production in online regime.

“This means that holders of econtract on the export will be able to get all necessary documents by applying to the Digital Trade Hub. Users will be able to get veterinary, phytosanit­ary certificat­es as well as certificat­e of conformity in online regime,” he said.

The second direction will cover identifica­tion of e signatures. A new service of identifica­tion will be developed by the Foreign Ministry, ASAN Service and other relevant structures.

"This will allow to expand flow of investment­s to the country, as foreign entreprene­urs will not have to arrive in Azerbaijan to make investment­s. They will be able to implement all necessary procedures by means of the hub," he said. Besides, by becoming the users of the hub, entreprene­urs will be exempt from filling customs declaratio­ns.

Integratin­g with the most popular electronic trading networks azexport.az, provides informatio­n about local Azerbaijan­i products, being a beneficial platform for sales in foreign and domestic markets. The representa­tion of local production in internatio­nal platforms, including Alibab.com, has increased almost 50 times after the launch of the portal.

Being available in the Azerbaijan­i, Russian and English languages, the portal acts as a single digital destinatio­n for trade, bringing together and connecting local entreprene­urs, internatio­nal buyers and internatio­nal investors. The portal offers fast and secure payment to VISA, Master Card and American Express cards owners.

The export promotion portal received export offers worth some $4.63 million in January 2017, while the bulk of the orders came from Russia, Turkey, Iraq, Bulgaria, Libya, Moldova and other countries.

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