MP: If this law works, we’ll be able to turn entire Azerbaijan into free economic zone

14:43 - 5.11.2022


November 5, Fineko/abc.az. At a meeting of the parliamentary committee, MP Ali Masimli touched upon the sharp reduction of foreign investments in the country.

ABC.AZ reports that the MP considers it important to adopt the Competition Code to increase the attractiveness of foreign investments in Azerbaijan:

"To do this, it is necessary to accelerate the adoption of targeted steps. If this law works, we will be able to turn the whole of Azerbaijan into a free economic zone. Otherwise, if competition is not created for everyone, we will not be able to ensure the effective use of each manat. This law can create conditions for important projects in Azerbaijan as a whole, including in the liberated territories."