In recent years, Azerbaijan has been implementing important reforms to diversify the economy, develop the non-oil sector and ensure favorable investment. This is yielding positive results. It is no coincidence that even in the crisis caused by the COVID-19 pandemic in the world economy, the Azerbaijani economy was able to maintain its pace of development and managed to overcome this crisis with minimal losses, APA reports.
Azerbaijan's achievements and positive results of the reforms are reflected in the reports prepared by international organizations and opinion polls. Recent reports identify Azerbaijan as an attractive country for investment.
The report “Foreign Business in Azerbaijan: Business Environment Survey 2021” on the current economic situation and business development prospects, as well as the investment climate and the effectiveness of economic reforms in the country, organized by the German-Azerbaijani Chamber of Commerce, reflects the fact that international companies consider the Azerbaijani economy sustainable.
The report is a useful platform for identifying and analyzing the impact of the pandemic on the economy in our country, as well as assessing the reforms implemented to minimize the negative effects. Such reports are important in terms of studying the opinion of business circles and assessing business challenges.