Two alternative export routes of the Republic of Azerbaijan are on the agenda

According to Fars News Agency’s economic correspondent, Alireza Peymanpak said today at a news conference on the latest developments in the region and the challenges facing exports: ما Our approach is to interact with the country’s foreign trade actors, Neighbors and allies have announced, therefore, to increase exports, this program will be tied to the production boom.

The head of the Trade Development Organization said that many manufacturing companies are currently closed or semi-closed and are operating at less than their actual capacity, and on the other hand, inflation has reduced people’s purchasing power in recent years. Domestic created a serious boom in production and it is necessary to create this boom in export development.

He added: “On the other hand, the development of non-oil exports is a factor to help the government in controlling and managing the foreign exchange market, which will facilitate the import of raw materials and basic goods.”

“With this approach, we in the Trade Development Organization have started to develop a plan for export development, which should also address logistical, political and market issues,” he said. In this program, our goal is major exports to neighboring countries, as well as countries such as India, China and even African countries, and we have defined trade corridors for this purpose.

The head of the Trade Development Organization, referring to the development of trade corridors, said: ‌ One of our trade corridors is the trade corridor with Russia, in which goods imported to this country are completely counted and also Our export capacity to this country has been counted, and based on this program, it has been determined what goods we can export to this country.

He said: “According to this, in the Trade Development Organization, a plan is being developed that in the horizon of 1404, how much of the exports will be exported to different countries, including Russia, and in addition to various requirements such as banking, customs, market development and also Trade contracts will be paid, so the above programs will specify which countries our priority is to export and also what will be the export requirements to these countries.

* Two Alternative route The Republic of Azerbaijan is on the agenda

Peyman Pak added: “Considering that we have always had problems passing through the Republic of Azerbaijan for export goods, especially in the cold season of the year, and these problems double in the cold days of the year, so due to recent political challenges, we will activate alternative routes for the Republic of Azerbaijan.” One of these routes is the Armenian route, which will be completed within the next month, and the Armenian government is working on this route so that our trucks can deliver their goods to Russia via Armenia and Georgia. Another route that is being worked on in the Trade Development Organization is the sea route, and if it is realized, it will be a great help to export agricultural products to Russia and the CIS.

He added: “We will also work with local banks in the target countries that are approved by our export target countries, through which الThe currency is opened based on the currency of the destination country. Of course, the central bank was reluctant to do so in the previous government, but in the new government, a special opportunity has opened up on this issue.

The head of the Trade Development Organization pointed to the government’s plan to increase exports by $ 35 billion and said: “We, as the Trade Development Organization, are obliged to work on this plan to achieve such an increase in exports in the next 4 years and in 1404.”

Regarding our plan to increase business advisers, he said: “Our budget is very limited in this regard, which of course should be changed, but the plan of the Trade Development Organization should be increased.” Counselors The business is up to 10 advisors by the end of this year, in addition to which we will have a number of changes, for example some Counselors We will move trade from a country with less export priority to a priority country.

“Our future plan is to increase the number,” he said Counselors The business has 120 advisors and we hope to achieve this in the next 4 years.

The head of the Trade Development Organization also pointed to the establishment of trade centers in some export target countries and said: “In these trade centers, our export goods will be introduced to the target countries and based on the plans we have planned for these centers, it is predicted that the impact of this Centers over presence Counselors Trade in export target countries.

He also spoke about the mechanism of commodity purification: “Purification in the context of sanctions helps the exporter to convert currency into commodities.” Due to the approval of the regulations for reforming trade and foreign exchange regulations, the rules and strictures facing exporters will be facilitated. This regulation amends the return of foreign exchange from exports and the refund of VAT to exporters.

Peyman Pak, stating that one of the issues in this regulation is the issue of purity, added: “We will purify from the two perspectives of the country and the exporter.”

The head of the Trade Development Organization said: “For example, the exporter exports goods to the country, but due to export problems such as currency transfer and banking problems, he can import other goods in exchange for the exported goods.” Previously, there was a ceiling and a record for traders in this regard. And in case of problems in the central bank, the Trade Development Organization will enter.

The Deputy Minister of Industry, Mines and Trade also said about purity with goods: “Currently, considering that 4200 currency is offered in the country’s economy, oil purification is done against the import of basic goods that receive 4200 Tomans, but if If the currency of 4200 Tomans is removed, oil purification can be done against all goods.

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