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Global demand in “Made in Azerbaijan” products ups

24 February 2017 17:07 (UTC+04:00)
Global demand in “Made in Azerbaijan” products ups

By Nigar Abbasova

The export promotion portal of Azerbaijan - azexport.az has allowed to increase demand in “Made in Azerbaijan” products.

Vusal Gasimli, the director of the Center for Analysis of Economic Reforms and Communications said that every week the portal receives orders worth $10 million, mentioning that the figures show high interest in Azerbaijani products.

Gasimli , addressing a press conference in Baku, February 24, said that ‘Digital Trade Hub of Azerbaijan’ section will soon be available on the portal.

He noted that the work on the creation of the new section will be implemented in two directions.

The first direction envisages application of “one window” principle for getting all licenses necessary for export of Azerbaijani production in online regime.

“This means that holders of e-contract on the export will be able to get all necessary documents by applying to the Digital Trade Hub. Users will be able to get veterinary, phytosanitary certificates as well as certificate of conformity in online regime,” he said.

The second direction will cover identification of e signatures. A new service of identification will be developed by the Foreign Ministry, ASAN Service and other relevant structures.

"This will allow to expand flow of investments to the country, as foreign entrepreneurs will not have to arrive in Azerbaijan to make investments. They will be able to implement all necessary procedures by means of the hub," he said. Besides, by becoming the users of the hub, entrepreneurs will be exempt from filling customs declarations.

Integrating with the most popular electronic trading networks azexport.az, provides information about local Azerbaijani products, being a beneficial platform for sales in foreign and domestic markets. The representation of local production in international platforms, including Alibab.com, has increased almost 50 times after the launch of the portal.

Being available in the Azerbaijani, Russian and English languages, the portal acts as a single digital destination for trade, bringing together and connecting local entrepreneurs, international buyers and international investors. The portal offers fast and secure payment to VISA, Master Card and American Express cards owners.

The export promotion portal received export offers worth some $4.63 million in January 2017, while the bulk of the orders came from Russia, Turkey, Iraq, Bulgaria, Libya, Moldova and other countries.

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Nigar Abbasova is AzerNews’ staff journalist, follow her on Twitter: @nigyar_abbasova

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