ECONOMY


ELECTION OF ILHAM ALIYEV AS PRESIDENT TO GIVE IMPULSE TO ECONOMIC CHANGES

“Nationwide, en-bloc election of the new President of Azerbaijan Republic of Ilham Aliyev perceived was by the Russian business circles with great inspiration”, Iskender Khalilov, vice-president of the All-Russia Azerbaijan Congress, vice-president of foreign economic links of the “LUKoil-Overseas” oil Company, president of “ISR-Holding” Company, told AzerTAj correspondent.

At his opinion, that shares a greater part of the economic elite of Russia, election of Ilham Aliyev as President of the Republic will become serious impulse for new initiatives, as well as will lead to economic changes in the Republic. Iskender Khalilov stated that good perception by the Russian business circles, first, is connected with the fact that he recommended himself as a good economist, knowing all the minutest details of world economic policy and being direct participant of the world economic processes.

It is enough to remember activity of Ilham Aliyev as the vice-president of the State Oil Company of Azerbaijan Republic and successful realization of the “Contract of the Century”. At this post, he showed himself as bright negotiator able to support national interests that can assert representatives of foreign companies, functioning for many years in Azerbaijan.

According to I. Khalilov, the “ISR-Holding” Company also plans realization of several investment projects in Azerbaijan and currently conducts active preparation for this.

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