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Azerbaijan eyes to increase export of alcohol products to China

Business Materials 17 April 2018 14:55 (UTC +04:00)

Baku, Azerbaijan, April 17

By Huseyn Valiyev - Trend:

Azerbaijani entrepreneurs started exporting vodka to China, Yusif Abdullayev, vice president of the Azerbaijan Export and Investment Promotion Foundation (AZPROMO), told Trend April 17.

He said that supplies were established on the basis of agreements reached within the framework of the export delegation to Chinese cities organized by AZPROMO last year.

“Now these supplies are established on a permanent basis,” Abdullayev said. “We intend to develop the export of alcohol products to China. The opening of Azerbaijan’s wine house in Shanghai is planned in the near future.”

He noted that Shanghai will host SIAL China, the 19th international food innovation exhibition, on May 16-18, where Azerbaijan will be represented by the national pavilion. The exhibition is a platform for professionals in the beverage and food industry, he added.

“We also plan to participate with an expanded delegation in the first China International Import Exposition (CIIE) November 5-10,” Abdullayev said. “Preparation is already underway.”

Interest in the exhibition is fueled by the increase in imports to China, which amounted to $1.95 trillion in 2017, which is 18.7 percent more than in 2016.

It is assumed that over the next five years this figure will increase to $8 trillion.

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