Delegation of the European Union to Azerbaijan

EU Business Climate Survey Azerbaijan 2016

11/01/2017 - 14:13

Perceptions of EU Businesses active in Azerbaijan

Tumbling oil prices and consequently shrinking oil bounties have stimulated the Azerbaijani government to introduce and/or accelerate genuine reforms to diversify its ecnomy. Diversification of its economy has, more than ever before, become the overriding economic policy priority of the country. In this context, the timing of this survey soon after the first wave of reforms took place (for instance in the area of customs and licensing) is intriguing.

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