Continuing drastic declines in energy prices have given new impetus to Azerbaijan’s long-running quest to diversify its economy and develop the domestic non-oil sector. In this regard, the country’s leadership has placed particular importance on the transport sector (Abc.az, April 13; Azernews, March 10). In October 2015, President Ilham Aliyev signed a decree on the establishment of a Coordinating Council on transit cargo, headed by Minister of Economy and Industry Shahin Mustafayev (Contact.azhttp://abc.az/eng/news/91636.html, October 22, 2015). Moreover, Baku has intensified negotiations with neighboring countries and taken key steps to support the coordination of transport polices, the harmonization of transit regulation, …read more
Source: The Jamestown Foundation