Well-established institutional framework

The Government continues to introduce a number of initiatives aimed at improving its dialogue with the business community. Along with standard methods of communication with the government via its ministries and agencies, foreign investors can effectively deliver messages via institutional mechanisms.


Azerbaijan Export and Investment Promotion Foundation (AZPROMO)

Azerbaijan Investment Company (AIC)

  • established in 2003 by the Minister of Economic Development
  • aims to develop non-oil sectors via promotion of Azerbaijani products abroad and facilitation of foreign investments domestically
  • established in 2006 by the Presidential Decree
  • aims to implement fixed-term equity investments in non-oil sectors along with local and foreign co-investors