Small enterprise to open in Azerbaijani district
BAKU, Azerbaijan, Feb. 22
By Matanat Nasibova – Trend:
A small enterprise will be established in another Azerbaijani district within the project which is implemented in the country with financial support from the Swiss State Secretariat for Economic Affairs (SECO), head of the Azerbaijani Women Entrepreneurs Association Sakina Babayeva told Trend.
“The enterprise will open in Azerbijan’s Oguz district,” Babayeva added.
"A women's tailoring shop is planned to be opened,” head of the association added. “Similar small enterprises are planned to be opened in 10 Azerbaijani districts within this project. A new enterprise is planned to be opened in April 2020. The project is worth 120,000 manat ($70,588).”
“The project is funded by the association and SECO on an equal footing,” Babayeva added. “More than 20 jobs will be created as a result of opening a new enterprise. Similar enterprises have already been opened in Tovuz and Imishli districts."
According to the statistics, over 143,000 women are involved in business activities in Azerbaijan.
The Azerbaijani Association of Women Entrepreneurs was established in October 2017 through the support of Azerbaijan’s State Committee for Family, Women and Children Affairs.
SECO is the federal government center of expertise for all significant issues related to economic policy. Its main objective is to ensure sustainable economic growth by regulating economic policy.
In Switzerland, SECO acts as a bridge between the business, social community and government. SECO supports the development of a balanced Swiss economy and also protects workers’ rights. Through labor market policies, the center helps to prevent and overcome unemployment, and therefore maintain social well-being.
SECO also assists in providing access to all markets of Swiss goods, services and investments. In the context of foreign trade policy, SECO actively promotes effective, fair and open rules of the global economy.
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