12:54 - 14.10.2026

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October 14, Fineko/abc.az. When delivering speech at the III National Competition Forum, First Deputy Minister of Economy Elnur Aliyev stated that Azerbaijan plans to compensate up to 70% of transportation costs for exporting non-oil/gas products, as well as reimburse small and medium-sized businesses (SMEs) for part of customs duties.

Currently, the State covers 70% of the cost of transporting goods from Nakhchivan to other regions of the country, subsidizes half of the interest rates on regional loans, and provides state guarantees of up to 90% in the territories liberated from occupation and up to 50% in other regions.

Starting in 2027, the State will pay 50% of the cost of connecting facilities to the electric grid. As of September 1, 633 documents were issued to entrepreneurs, including 528 to business entities, as part of the investment promotion mechanism, which has been extended until 2029.

In the first 8 months of this year, the Azerbaijan Business Development Fund gave preferential loans for 223 million manats for 4,300 projects. Over Jan-Sept 2026, Azerbaijan's non-oil/gas exports grew by 17.4%, exceeding $2.8 billion.