Azerbaijan to further strengthen its role as transport hub
By Trend
In the next few years, Azerbaijan will solve the export
diversification issue in order to switch from the economy that
receives more revenues from the oil and gas industry to economy
oriented to non-primary sectors, Alexander Karavaev, Russian
political expert, Deputy Director of the Centre for Study of former
Soviet Union territory of the Information and Analytical Centre of
the Moscow State University told Trend.
The expert believes that the country will primarily witness
development in three areas such as agro-industry, logistics and
transport communications, as well as supporting small and
medium-sized businesses.
"The development of transport communications will also include
completion of the planned and modernization of existing routes in
the paradigm of turning Azerbaijan into a transport hub, when cargo
will be transshipped across the country in different
directions."
According to Karavaev, support to small and medium-sized businesses
is a very important line of development, since export capacity is
built at this level.
"It is difficult to enter international markets through some large
companies involved in heavy industry. Azerbaijan is particularly
known with two areas: oil and agro-industry. But even in these two
areas it is possible to achieve quite great success if we put their
development on the right track," - the expert believes.
According to the Russian political expert, further reforms are
expected in the sphere of governance and economy as a whole.
“The formats of ministries are changing, new agencies are emerging,
structures are merging,” he said, noting that the Ministry of
Transport, Communications and High Technologies can serve as an
example.
“Two large ministries were united in order to concentrate efforts
on creating a system that allows products to be exported to
electronic trading platforms," Karavaev said.
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