Azerbaijan to see 85% increase in non-oil/gas exports in 2026

Azerbaijan to see 85% increase in non-oil/gas exports in 2026
# 22 July 2022 13:35 (UTC +04:00)

In the next 5 years, Azerbaijan's exports will diversify, and non-oil exports will expand, APA-Economics reports citing the "Socio-economic Development Strategy of the Republic of Azerbaijan in 2022-2026" approved by the order of President Ilham Aliyev.

Thus, the regulatory framework of governance and institutional mechanisms will be improved to facilitate exports.

Quality production of export-oriented local products will be ensured, e-export will be developed, and state support for promoting non-oil/gas exports will be increased. Compared to 2021, an 85% increase will be achieved in the volume of non-oil/gas exports in 2026.

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