Country Connect 2024
Business opportunities in Azerbaijan
The Global India Business Forum organized a webinar on Business Opportunities in Azerbaijan
on April 17, 2024, as part of its International Webinar Series initiative. Ambassador of the
Republic of Azerbaijan to the Republic of India, H.E. Elchin Huseynli was the keynote
speaker who shed light on the myriad business opportunities in Azerbaijan and the
government’s policies to support foreign investors.
The webinar had business
leaders from various sectors who were interested in expanding
their businesses in Azerbaijan. GIBF is supporting and trying to explore business
opportunities for the MSME sector in different parts of the world. Founder and Global
President of GIBF, Dr. Jitendra Joshi delivered the opening note and shared about GIBF’s
objective. He introduced the webinar’s purpose and the keynote speaker. Co-founder and
Secretary, General Deepali Gadkari was the moderator of the webinar.
H.E. Huseynli spoke about
the ease of doing business in Azerbaijan. He shared about the
government’s open door policy to attract investments to Azerbaijan. He spoke about the
flourishing tourism industry and the hospitality of Azerbaijani people. The ambassador said
that there were several Indian companies in Azerbaijan and that there were opportunities in
energy sector, education, perfumery products, household appliances, construction materials,
food processing, poultry farming, wine-making, growing tea and pulses, computer technology
and tourism. He said that Azerbaijan is the favourite tourist destination for Indians.
He said that in the
hospitality sector there was zero land tax, zero property tax and
zero VAT. Besides, the free economic zone made it possible for companies to avail the
production facilities and export their products to UK and other countries.
The webinar concluded
with a question and answer session. The attendees queries were
satisfactorily addressed by the ambassador.
To view webinar
click below link-
