MINISTER OF ECONOMIC DEVELOPMENT MEETS WITH ISO SECRETARY GENERAL

02.03.2007 [15:05]
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Azerbaijan’s Minister of Economic Development Heydar Babayev met with Secretary-General of the International Organization for Standardization (ISO) Alan Bryden.

Heydar Babayev informed the ISO Secretary General about Azerbaijan’s economic reforms.

The Minister said rapid development of energy sector boosted other sectors of his country’s economy.

Mr. Babayev said the last year’s rise in industrial production was 56.8 %, whilst in agricultural 7.5 %.

He noted the Gross Domestic Product grew 34.5 % in Azerbaijan last year allowing the country to make it into the list of leader countries not only in the Commonwealth of Independent States, but also in the whole world.

Minister Babayev said development of agriculture and small and medium entrepreneurship is one of the priorities in Azerbaijan’s economy.

He said negotiations are successfully continuing to enable Azerbaijan to join the World Trade Organization.

Secretary-General of ISO Alan Bryden said while in the capital, Baku, he witnessed Azerbaijan’s rapid economic development.

He said the International Organization for Standardization is keen to enhance the bilateral cooperation with Azerbaijan.

MINISTER OF ECONOMIC DEVELOPMENT MEETS WITH ISO SECRETARY GENERAL

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