17:45 - 18.06.2026
June 18, Fineko/abc.az. State support mechanisms are being strengthened in Azerbaijan to attract higher-quality foreign direct investments.
ABC.AZ reports that Deputy Minister of Economy Anar Akhundov said this at panel discussions organized within the 51st annual Meeting of the Islamic Development Bank Group (IsDB) in Baku.
He noted that better investments require effective government support mechanisms:
"In recent years, Azerbaijan has continued to improve the investment ecosystem through tax and customs benefits, public-private partnership mechanisms, export promotion tools, concessional financing and targeted business support. The recent decrees of President Ilham Aliyev strengthen this direction. Measures to stimulate non-oil/gas exports and support transportation costs will help exporters enter new markets and increase the competitiveness of Azerbaijani products. At the same time, improving loan guarantee and interest subsidy mechanisms will expand business access to finance, particularly in the regions. All these measures are aimed at helping enterprises develop, export, invest, innovate, and integrate more actively into value chains."
