ECONOMY


Forbes Latvia publishes article about Azerbaijan

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Riga, October 22, AZERTAC 

Chairman of the Board of Trasta komercbanka Igor Buimister in an interview to Forbes Latvia described the possibilities of business and leisure opportunities in Azerbaijan. "It would seem that the economy of Azerbaijan should be based only on oil and gas exports, as the country is one of the oldest and most famous oil producing regions in the world. But as a result of far-seeing policy, we may observe a rapid development of non-oil sector,’ Buimister says. “In recent years Azerbaijan has launched about 200 plants, including more than 40 large enterprises and industrial production increased 2.7 times over the past 10 years.” Buimister noted that Azerbaijan is interested in cooperation with Latvia in the field of transportation and IT. He also highlighted leisure opportunities in Azerbaijan, describing Baku as “a piece of history which is embraced by modern buildings”. Buimister called Azerbaijani cuisine “one of the unique cuisines in the world”.

Nigar Jafarly

Special Correspondent

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