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Azerbaijan stimulates export of non-oil products to 14 countries this year

19 June 2019 11:57 (UTC +04:00)

Export incentives in the amount of 5 million manats have been paid in Azerbaijan during this year, said Rufat Mammadov, deputy Minister of Economy, APA-Economics reports.

According to him, payment of export incentives is not a result on itself, the result is a stimulated export within the framework of this mechanism.

“This year we have stimulated the export valued $87 million within this mechanism. The main essence of this mechanism is we encourage companies and exporters to enter foreign markets by applying that mechanism. We have stimulated the export of non-oil products to 14 countries during this year”, R. Mammadov added.