Today, the main problem in the industry of Azerbaijan is a loose system of standardization and certification. During a two-day seminar named Problems in Development of Priority Fields of Azerbaijan`s Industry being held within a program on a technical cooperation of WTO and UNIDO, Makhmoud Mammadguliyev, Deputy Foreign Minister told that due to the problem that markets are filled with low-quality products, Trend reports.
These issues were revealed as a result of investigations held by Shahin Bayramov, an advisor within this project. Presenting a report which was prepared for the seminar, he said that the investigations were conducted in three priority directions of the industry of the country food industry, metal manufacture, and chemical industry. At the same time, a poll among such enterprises like BakFem, Baku Steel Company, Azersun Holding, State Company AzerKimya was held.
At the same time, it is noteworthy that the country recently has reduced its dependability on food imports. However, in order to develop the food industry, such problems like high rate of VAT, insufficient maturity of the banking sector, loose development of the leasing sector, low rate on import, which is applied to finished commodity needs to be addressed.
Infrastructure in the regions where foodstuff is mainly produced is reflected in the unprofitability of the enterprises. All these problems are reflected in volumes of the production of foods. So, if 1995, the growth of the output was at the level 10.8%, it became 3.2% in 2000, and 3.5% in 2005.
...