Azerbaijan shall minimize negative consequences of its joining the World Trade Organization and remain sovereign country, Trend reports quoting Ziyad Samedzadeh, chairman of parliamentary commission for political affairs.
Azerbaijan today is at the new stage of economic reforms and legislation upgrade for joining WTO means economic system modernization.
Samedzadeh said such revisions shall be made in banking, insurance, customs legislation and so on.
В"In case Azerbaijan reduces subsidies in agriculture, it will slow down the development as 48% of the countrys population is residing in countryside. In this respect, experts shall ensure fo security for the countryВ", - he added.