Azerbaijan's annual nonoil exports to reach $5 bn by 2025

01.12.2022,14:52


December 1, Fineko/abc.az. Azerbaijan plans to increase the annual value of exports of nonoil products up to $5 bn by 2025.

ABC.AZ reports that the statement was made by Yusif Abdullayev, the head of the Azerbaijan Export & Investment Promotion Agency (AZPROMO).

"We have 15 target markets for non-oil exports. We take part in international exhibitions and fairs and present oil products of domestic production under brand "Made in Azerbaijan". The main objectives of the national export strategy are to create new culture of export promotion and expand geography of exports of domestic products. We also mean support of export financial instruments. If we successfully implement this strategy, then in the future we can think about creating an exim bank in Azerbaijan,” he emphasized.