In the five months of 2019, Azerbaijan-France trade increased by 53 percent, compared to the figures for the same period last year, Azerbaijani Economy Minister Shahin Mustafayev said at Azerbaijan-France Business Forum held in Baku July 11, Trend reports.

Coherent implementation of reforms and infrastructure investment favorably influence on economic situation in Azerbaijan. The government expects GDP growth at 3.6 percent in 2019, which will be achievable thanks to the growing capacity of the non-oil sector.

This year, 8 more facilities will start their work, in addition to 23 facilities already operating in industrial districts in Azerbaijan, Azerbaijani Economy Minister Shahin Mustafayev said, Trend reports with reference to local media outlets.

Economic reforms carried out in Azerbaijan promote the development of the private sector and sustainable growth of non-oil production in the country, Minister of Economy Shahin Mustafayev said at a conference titled “The State is the best partner of the entrepreneur”, Trend reports from the event.

The industrial zones are planned to be created in all Azerbaijani regions, Azerbaijani Minister of Economy Shahin Mustafayev told reporters in Baku, Trend reports on June 4.

In 2018, industrial production in Azerbaijan increased by 1.5 percent, Economy Minister Shahin Mustafayev told local media.

Relations of Azerbaijan and India are at a stage of a rather intensive development.

The import of onions will be exempted from duties in Azerbaijan, and duties will be imposed on the export of cabbages, onions and potatoes, Azerbaijani Minister of Economy Shahin Mustafayev told reporters during a meeting with entrepreneurs of the burnt down Diglas shopping center in Baku, Trend reports.

Starting from April 5, financial assistance will be provided to the entrepreneurs who have suffered as a result of the fire in the Diglas shopping center in Baku, the Minister of Economy of Azerbaijan Shahin Mustafayev said at a briefing, Trend reports.

The projects being implemented under the leadership of President Ilham Aliyev allow Azerbaijan to hold a leading place in the region in the field of transport, transit and logistics, Azerbaijani Economy Minister Shahin Mustafayev told Trend Feb. 22.