Local products to be exported to Mongolia

The recent export mission to Mongolia has brought great results as it was agreed that Azerbaijani products will be exported to the country.

The export mission, organized in the Mongolian capital Ulaanbaatar by the Azerbaijan Export and Investment Promotion Foundation with the support of the Ministry of Economy, was completed, Azerbaijani Ministry of Economy said on October 29.

The aim was to promote the “Made in Azerbaijan” brand and local products in foreign markets.

The export mission with the participation of 17 Azerbaijani companies operating in the production of wines and other spirits, milk and dairy products, canned products, medicinal herbal teas, confectionery, mineral water, in the field of ICT and others, met with Mongolian colleagues and discussed export issues.

Speaking at a meeting with Mongolian businessmen, Deputy Minister of Economy Niyazi Safarov informed about the diversification of the Azerbaijani economy, the development of the non-oil sector, activities carried out in the area of sustainable improvement of the business environment. The development of the private sector, the expanding of “Made in Azerbaijan” brand, the promotion of foreign investment, the possibilities of expanding Azerbaijani-Mongolian cooperation and economic ties were also under discussion.

The products of the Azerbaijani companies included in the export mission caused great interest among Mongolian companies. Azerbaijani companies Absheron-Sharab, A + SO, Merit Brand, Sharg Ulduzu, Agro-Azerinvest, Aspi Agro, Azeri met with the largest distributor of wine products in Mongolia - World Wine LLC and Sansar chain stores. Primary agreements were reached on the export of Azerbaijani wines to Mongolia, as well as on the export of products between the Azerbaijani company Aspi Agro and the Mongolian company World Wine.

An agreement on the sale of plant extract was also reached between the Azerbaijani company Herba Flora and the Mongolian company Vitalit Invest.

The Azerbaijani company Konfirom and the Mongolian companies Shizhirzhin Group, Altan Jolo Impex, McN Export negotiated on the export of confectionery products, Gilan FMCG and the Mongolian Vertus Group and supermarket chain Sansar - on the export of fruit juices and canned products.

The services offered by the Azerbaijani companies Cybernet, Sinam, Neuron Technologies and AZINNEX, operating in the ICT field, were met with great interest by businessmen and representatives of the state structures of Mongolia.

The export missions play an important role in expanding non-oil exports and promoting the domestic made products. To date, Azerbaijan Export and Investment Promotion Foundation (AZPROMO) has organized 13 export missions to 10 foreign countries-Germany, Afghanistan, Pakistan, Qatar, Kazakhstan, Hungary, China, Russia, the United Arab Emirates (UAE) and Saudi Arabia.

Exhibitions, organized by the state bring excellent results. National entrepreneurs took part in different international exhibitions-Gulfood 2017, Prowein, ANUGA, Worldfood Moscow 2017 and the International Exhibition of Wines and Alcoholic Beverages in Hong Kong to promote the brand.

President Ilham Aliyev signed the decree on large-scale promotion of local non-oil products in foreign markets as “Made in Azerbaijan” on October 5, 2016.

This decree includes nine different support mechanisms to stimulate exports and promote “Made in Azerbaijan” abroad. Depending on the support mechanisms, the costs relating to their realization are fully or partially covered by the state budget.

Promotion of the “Made in Azerbaijan” brand on foreign markets became one of the priorities of the country’s foreign economic policy.

In January 2018, President Ilham Aliyev signed a decree on amending the procedure for determining and regulating the payment mechanism for part of the expenses paid from the state budget for organizing export missions to foreign countries, studying foreign markets and marketing activities, promoting the “Made in Azerbaijan” brand to foreign markets, the receipt by local companies of certificates and patents in foreign countries in connection with exports, research programs and export development projects.

According to the decree, this year the number of export missions that can be organized with the participation of Azerbaijani entrepreneurs in one calendar year has been increased from 10 to 25. Also, the number of international fairs and exhibitions, where a national stand can be presented with the participation of Azerbaijani businessmen was increased from five to ten.

Diplomatic relations between Azerbaijan and Mongolia were established in 1992. Relations and cooperation between two countries are expanding not only at the bilateral, but also at the international and regional levels.