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Export missions to China, Bulgaria, UAE and Saudi Arabia to be held by the end of the year

It was stated at a press conference in AZPROMO.

A press conference on the activities of the Azerbaijan Export and Investment Promotion Foundation (AZPROMO), the implemented work to promote “Made in Azerbaijan” brand and the upcoming tasks held at Baku Business Center on 31 October.
Yusuf Abdullayev, the executive director of AZPROMO, informed the participants about reforms in non-oil sector development, stimulation of competitive non-oil production, favorable opportunities for exporters, introduction of “Made in Azerbaijan” brand in foreign markets and promotion of foreign investment.Yusif Abdullayev informed media representatives that 180 events (business forums, bilateral meetings and etc.) were held in January-September, 2018 in Azerbaijan and foreign countries in order to promote the export and investment opportunities of Azerbaijan, the expansion of business relations of local companies and the promotion of investment in the country's economy.
9 memorandums of understanding on cooperation with different organizations from 8 countries have been signed since the beginning of this year. 14 sessions out of 17 organized by the Club of Exporters were held in Baku , whereas 3 of them were held in the regions during the last period. Totally up to now, entrepreneurs have been paid export promotion in the amount of $ 6.9 million but $ 3.7 in January-September of this year.
It was also mentioned that one of the mechanisms used for export of non-oil products to expand existing markets and access to new markets is to make a market research. So far, 12 market research has been carried out on the basis of applications from entrepreneurs involved in export.
It was stated at the press conference that Azerbaijani companies were represented with “'Made in Azerbaijan” single country stand in eight international exhibitions held in January-September. So, our companies took part in the international exhibitions “International Green Week – 2018”, “Fruit Logistica 2018”, “Prodexpo 2018”, “Worldfood Moscow 2018”, “Gulfood 201”8, “Sial China”, “6th China-Eurasia”, “KazBuild 2018 ". From the beginning of the year, within the framework of the unified country stand mechanism, the contract worth $ 3.5 million has been signed and the products worth $ 2.6 million have been exported.
The export mission was sent to Russia, Switzerland, China and Kazakhstan organized by AZPROMO with the support of the Ministry of Economy for promotion of local products abroad in January-September of this year. Totally, 17 export missions to 12 countries have been organized so far, and Azerbaijani companies have demonstrated their products at a single stand of "Made in Azerbaijan" at 14 international exhibitions in 6 countries.
In January-September of this year "Azerbaijan Trade House" started operating in Ukraine, Latvia and China. Generally, “Azerbaijan "Trade House" operates in 4 foreign countries. The first "Azerbaijan Wine House" was opened in September of this year in China.
It was stressed at the conference that measures are still taken to promote domestic products in foreign markets. Thus, it is expected to open "Wine House" in November 2018 in Shanghai, China, "Azerbaijan Trade House" in UAE, Poland and Kazakhstan by the end of the year and "Wine House" in Russia. At the same time, Azerbaijan has 4 trade representations in foreign countries: Russia, China, Eastern Europe and UAE.
As the export promotion and investment opportunities of our country, as well as the continuation of measures on recognition of Azerbaijani products in foreign markets, export missions to China, Bulgaria, UAE and Saudi Arabia will be organized by the end of 2018.
It was noted that our companies were successfully represented at "Sial Paris" international food fair, which was over several days ago. By the end of the year, Azerbaijani companies will participate in “China International Import” and “Prowine China” exhibitions in China with single country stand.
In the end, the questions about the activity of AZPROMO were answered.