More trade houses to ap­pear abroad

Azer News - - Front Page - By Rashid Shiri­nov

Azerbaijan in­tends to sig­nif­i­cantly ex­pand the num­ber of its trad­ing and wine houses abroad, Deputy Econ­omy Min­is­ter Ru­fat Mam­madov said on Au­gust 15 at the meet­ing of the Ex­porters’ Club, ded­i­cated to the ac­tiv­i­ties of Azer­bai­jani trad­ing houses.

He noted that Azerbaijan plans to open trad­ing and wine houses in five more coun­tries in the near fu­ture.

“It is planned to open trad­ing and wine houses in the UAE, Rus­sia, China, Poland and Kaza­khstan by the end of 2018,” Mam­madov said.

Cur­rently, trad­ing houses of Azerbaijan op­er­ate in Ukraine, Be­larus and Latvia. They sup­port the promotion of Azer­bai­jani prod­ucts un­der the brand “Made in Azerbaijan,” mar­ket­ing re­search, par­tic­i­pa­tion in ex­hi­bi­tions at a sin­gle stand and other ac­tiv­i­ties re­lated to the promotion of Azer­bai­jani goods.

Dur­ing the meet­ing, the deputy econ­omy min­is­ter also men­tioned that Azer­bai­jani en­trepreneurs should par­tic­i­pate more ac­tively in var­i­ous ex­hi­bi­tions held abroad. He added that Azerbaijan cre­ates all the nec­es­sary con­di­tions for this.

“This step is very im­por­tant, as it will al­low our en­trepreneurs to sig­nif­i­cantly in­crease their ex­ports, thereby ex­pand­ing the ex­port of the state,” Mam­madov said.

He added that en­trepreneurs should par­tic­i­pate in ex­hi­bi­tions not only within the country stand, but also on an in­di­vid­ual ba­sis.

"Dur­ing a year we can or­ga­nize country stands only at 10 ex­hi­bi­tions. We choose the most pop­u­lar and in­ter­est­ing ex­hi­bi­tions for our en­trepreneurs, but this is not enough. If you want to ex­pand your ex­ports, you should also par­tic­i­pate more ac­tively in­di­vid­u­ally in ex­hi­bi­tions,” the deputy min­is­ter said.

He added that in this case, the Azer­bai­jani state is also ready to sup­port the en­trepreneurs by re­turn­ing 50 per­cent of the ex­penses aimed at the or­ga­ni­za­tion of the stand at a par­tic­u­lar ex­hi­bi­tion.

The deputy econ­omy min­is­ter also men­tioned that Azerbaijan has sig­nif­i­cantly in­creased non-oil ex­ports ac­cord­ing to the data for the end of July this year.

“The vol­ume of non-oil ex­ports of Azerbaijan in Jan­uary-July 2018 in­creased by 14 per­cent com­pared to the same pe­riod last year. In ad­di­tion, the ge­og­ra­phy of ex­ports of Azer­bai­jani prod­ucts is ex­pand­ing sig­nif­i­cantly,” Mam­madov said, not­ing that the num­ber of en­trepreneurs en­gaged in for­eign trade ac­tiv­i­ties is grow­ing.

He said this in­di­ca­tor is the re­sult achieved dur­ing the huge work, and ex­pressed con­fi­dence that this pos­i­tive trend will con­tinue.

“Azerbaijan has a great ex­port po­ten­tial. The re­sults achieved show that the work done is bear­ing fruit. I be­lieve that such pos­i­tive dy­nam­ics will con­tinue un­til the end of this year,” Mam­madov noted.

The data by the State Cus­toms Com­mit­tee of Azerbaijan says that the country has sig­nif­i­cantly in­creased its ex­ports last year com­pared to 2016 – $13,811 bil­lion and $9,143 bil­lion re­spec­tively, while the vol­ume of im­ports re­mained al­most at the same level.

Be­sides oil and gas prod­ucts and elec­tric­ity, Azerbaijan's ex­ports in 2017 in­cluded mainly fruits and veg­eta­bles, sugar, chem­i­cal prod­ucts, plas­tics, cot­ton, fer­rous met­als, alu­minium, etc. Italy, which ac­counted for 20.91 per­cent of the to­tal turnover of Azerbaijan, re­mained the lead­ing trad­ing part­ner of the country last year, while Turkey (11.68 per­cent) and Rus­sia (9.48 per­cent) were the se­cond and third top trad­ing part­ners re­spec­tively.

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