Azerbaijan expands trade relations with Turkey, Russia during quarantine
BAKU, Azerbaijan, Sept. 24
By Fidan Babayeva – Trend:
During the quarantine regime, the delivery of food from the European countries to Azerbaijan became more complicated, which entailed the transition of retail chains and distributors to the cooperation with the Turkish and Russian companies, Chairman of the Azerbaijani Trade Networks public association Samir Abdullayev told Trend.
“The coronavirus is a big test for the Azerbaijani economy,” Abdullayev added.
The chairman stressed that during the period of the quarantine regime, the trade turnover with these countries in the field of food increased.
"Moreover, the quarantine regime has intensified the activity of some manufacturing enterprises within the country,” the chairman stressed. “The revenues of retail chains increased during the pandemic. But along with the revenues, the expenses related to the transport costs and the sanitary and disinfection work also increased."
“The quarantine regime taught all participants in the trade market, and in particular grocery chains, to more carefully consider the issues of hygiene and sanitary safety, as well as change some business processes related to the organization of sales and supply of food products,” Abdullayev added. “Some mechanisms for organizing food sales have been changed.”
Trade Networks public association was established in Azerbaijan on July 25 on the initiative and support of the Azerbaijani Small and Medium-sized Enterprises Development Agency.
The new organization was created to support the development of the market economy, as well as the promotion and implementation of initiatives, coordination, and expansion of cooperation between entrepreneurs, especially small and medium-sized businesses involved in production and trade.
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