This Project is funded by the European Union and has the objective to strengthen the non-oil sector in Azerbaijan by improving the business climate and supporting the economic diversification of the country.
The main tasks of the Project are devoted to the promotion of economic cooperation between EU and Azerbaijan, strengthening awareness of the business climate and investment opportunities in Azerbaijan, and enhancing public-private dialogue.
The Project is implemented by COWI Belgium in collaboration with the InvestBaku, Italy-Azerbaijan Chamber of Commerce, and the Azerbaijan-France Chamber of Commerce and Industry.
PROJECT'S ACTIVITIES
EU BUSINESS CLIMATE REPORT AZERBAIJAN OVERVIEW
Annual complex overview of the business environment in Azerbaijan based on surveys of EU companies operating in the country. Since 2015 this regular study reflects the main challenges of EU businesses in the country, tracks the progress of economic reforms and determines priorities for further improvement of the local business environment.
EU-AZERBAIJAN BUSINESS FORUM
Annual business-event to strengthen EU-Azerbaijan cooperation. The Forum provides a solid platform for networking between EU and Azerbaijani businesses and effective public-private dialogue. The agenda of the Forum includes developments in the local business climate as well as new opportunities for economic cooperation between the countries.
SECTOR-SPECIFIC BUSINESS MISSIONS OUTSIDE BAKU
The business missions focus on specific sectors with the aim to explore current developments and investment opportunities for EU businesses in the Azerbaijani regions. During the missions, EU businesses get a chance to network and meet potential partners outside of Baku.
EU BUSINESS NETWORKING
Opportunities for EU companies operating or interested in working in Azerbaijan to share their knowledge and experiences with each other, as well as establish direct contacts with potential business partners.
ECONOMIC COOPERATION BETWEEN THE EU AND AZERBAIJAN
The EU is Azerbaijan's first economic partner and represents the majority of its trade and foreign direct investments. Over 400 companies from various EU countries are currently operating in Azerbaijan.
The EU has been supporting the Government of Azerbaijan in reforming its business environment through a number of initiatives dedicated to education, taxes, justice, rural and regional development and others.
Additionally, the EU is currently supporting Azerbaijan in developing competitiveness in key non-oil manufacturing sectors of the economy and strengthening its non-oil SME sector.
