AZ

Jabbarov: ‘Azerbaijan played a crucial role in the emergence of the Middle Corridor’

 

Azerbaijan, positioned as a crucial hub in international transport corridors, played a crucial role in the emergence of the Middle Corridor as a viable trade route connecting the East and the West, Azerbaijanchr("39")s Minister of Economy Mikayil Jabbarov said at the Azerbaijan-Slovakia business forum in Baku, Olaylar informs.

According to him, in fact, by initiating the construction of the Baku-Tbilisi-Kars railway, we laid the foundation for the Middle Corridor.

"Leveraging the strategic geographical location of our country, we established numerous special economic zones, which include industrial zones and the Alat Free Economic Zone (AFEZ). AFEZ aims to attract investors interested in utilizing innovative technologies to produce high-value goods for export. Situated near the Baku International Sea Trade Port, the largest on the Caspian Sea, the AFEZ offers tax exemptions and freedom to repatriate earnings to its residents," Jabbarov said.

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