Azerbaijan’s economy and industry ministry sets priorities

Photo: Azerbaijan’s economy and industry ministry sets priorities
 / Economy news

Baku, Azerbaijan, July 17

By Emin Aliyev - Trend:

The Economy and Industry Ministry of Azerbaijan has set priorities in its activity.

The corresponding decisions were adopted at an enlarged meeting of the ministry's board on the ministry's tasks assigned by President Ilham Aliyev at a cabinet of ministers meeting, according to a message from the ministry.

It should be noted that the meeting of the cabinet of ministers was dedicated to the socio-economic development in the first half of 2014 and the challenges ahead.

The board chairman, the Minister Shahin Mustafayev informed the meeting participants on Azerbaijan's achievements in the reporting period, and the ministry's tasks.

Minister Mustafayev noted that the announcement of 2014 the 'Year of Industry' by the president shows the high attention and significance attached to this sector, as well as the onset of a qualitatively new stage in the industrialization in Azerbaijan.

He also stressed that President Ilham Aliyev gave instructions for further development of the industry, including the creation of industrial clusters and neighborhoods, as well as, directing investments to the industrial production growth and the continuation of works on creation of technological parks.

Mustafayev gave specific instructions to the ministry's structural units on the quality and timely execution of the tasks that were assigned by the president at the cabinet of ministers meeting.

The board meeting also made a decision to develop an action plan for the execution of these tasks.
Aside from that, the board meeting discussed the activities as part of the action plan on declaration of 2014 the 'Year of Industry' in Azerbaijan.

The meeting also discussed the current state of execution of the tasks, assigned to the ministry by the presidential decree 'On additional measures in the development of agriculture and the food market' and the decree 'On the measures to improve governance and accelerate institutional reforms in the agrarian sector', as well as, other current issues.

Edited by S.I.

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