Частные и государственные компании – лидеры ненефтяного экспорта Азербайджана в 2024 году from

Azerbaijan's Non-Oil Exports to be Led by Private and State-Owned Companies in 2024

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Forecasts of Azerbaijan's Non-Oil Sector

** Azerbaijan's non-oil sector is poised for significant growth in the coming years, with private and state-owned companies playing a leading role in driving exports. According to the latest forecasts, non-oil exports from Azerbaijan are expected to reach $20 billion by 2024, accounting for over 60% of the country's total exports. **

Key Export Industries and Markets

** The growth in non-oil exports is being driven by a number of factors, including the government's focus on diversifying the economy, increasing investment in non-oil sectors, and improving the business environment. Key export industries include agriculture, manufacturing, and tourism. Major export markets include Russia, Turkey, Iran, and Georgia. **

Government Support for Non-Oil Exports

** The Azerbaijani government is actively supporting the development of the non-oil sector through various initiatives. These include providing financial incentives to exporters, establishing special economic zones, and promoting trade and investment. The government is also working to improve the infrastructure and logistics networks to facilitate the movement of goods. **

Role of Private and State-Owned Companies

** Private and state-owned companies are playing a critical role in driving the growth of non-oil exports. Private companies are investing in new production facilities, developing innovative products, and exploring new markets. State-owned companies are also playing a role by providing infrastructure, such as ports and railways, and supporting export activities. **

Expected Economic Benefits

** The growth of non-oil exports is expected to have a number of positive economic benefits for Azerbaijan. It will help to diversify the economy, reduce dependence on oil revenues, and create new jobs. It will also boost economic growth and improve the country's balance of payments. **

Conclusion

** Azerbaijan's non-oil sector is poised for significant growth in the coming years, driven by private and state-owned companies. The government's focus on diversification, increased investment, and improved business environment are all contributing to the sector's development. The growth of non-oil exports is expected to have a number of positive economic benefits for Azerbaijan, including economic diversification, job creation, and improved economic growth.