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Export potential in sphere of women’s business to be increased in Azerbaijan (Exclusive)

Business Materials 16 November 2018 10:45 (UTC +04:00)

Baku, Azerbaijan, Nov. 16

By Matanat Nasibova – Trend:

The enhancement of export potential in the sphere of women’s business is expected in the forthcoming years, the Chairwoman of Board of Association of Women Entrepreneurs of Azerbaijan Sakina Babayeva told Trend, mentioning that this is one of the priority areas of activity for the organization.

"We think that along with expansion of production capacity in the sphere of women’s business it is also necessary to think about export, especially when the business is developed in agrarian and trade sphere. Of course, this requires much time and resources, nevertheless, this must be an ultimate goal for all women who conduct business in the sphere of trade and agriculture. For this purpose, it is necessary to develop programs of stimulation of crediting of entities of small and medium business who implement projects in priority areas," Babayeva said.

The chairwoman of the association noted that the state pays serious attention to development of agrarian sphere and as a result of this, the share of exports in this segment of economy is the highest one.

"We believe that in the future, the women’s business should grab its niche in the structure of export of the agrarian products and for this purpose, we will use all tools and the existing mechanisms at the level of public governance. The fact that the women’s business enjoys great support from the government strongly motivates our women entrepreneurs engaged in activities in the sphere of small and medium business, and contributes to strengthening of output - input ratio," Babayeva said.

According to the statistics, today, more than 143,000 women are engaged in activities in the sphere of business in Azerbaijan.

The Association of Women Entrepreneurs of Azerbaijan was established with support of State Committee for Family, Women and Children Affairs and was incorporated in October 2017.

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