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Exporters in Azerbaijan may get new preferences

Business Materials 2 May 2019 10:10 (UTC +04:00)

Baku, Azerbaijan, May 2

By Kheyraddin Nasirzade – Trend:

The Azexport web portal develops projects in connection with such preferences for portal members as service passports for exporters, a co-branded Visa card with an interest-free credit limit, a simplified import system for industrial materials and other projects, Zaur Gardashov, head of Azexport, told Trend.

According to him, before the creation of Azexport, the government was considering several different options for supporting exporters through electronic platforms, assuming payment of up to $5,000 to each company for posting information about their products on various portals.

"To save budget funds and ensure efficiency, Azexport took a slightly different approach, and this turned out to be beneficial for our exporters," Gardashov said.

The main advantage of the Azexport project, according to Gardashov, is that a company with lower costs (150 times less in terms of a company) achieved the same results and even more. He added that the company launched a single exporter declaration, on the basis of which the exporter receives all permit documents online, along with many other services that provide customer search, export procedures and deliveries to foreign markets.

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