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PM: Azerbaijan pursues open economy policy

Azerbaijan Prime Minister Ali Asadov spoke about open economy policy, investment attraction, and green energy at the Tashkent forum.

Grace Lewis
ByGrace Lewis- Senior Editor
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Prime Minister Ali Asadov spoke at the V Tashkent International Investment Forum. He stated that Azerbaijan consistently pursues a policy of open economy and promotion of entrepreneurial activity.

Over the past 20 years, more than $350 billion has been invested in the country's economy, nearly half of which is foreign investment.

A modern legislative base ensures protection of investor rights, inviolability of investments, free movement of capital, and equal conditions. Azerbaijan's geographical location at the crossroads of Eurasia's main transport routes is a key competitive advantage.

Green energy is a promising area for investment. The country implements large-scale solar and wind energy projects, attracting international companies.

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