The progress of Azerbaijan in the "Global Competitiveness Report" was discussed with American Chamber of Commerce

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  • The American Chamber of Commerce in Azerbaijan (AmCham) organized a business lunch, where more than 135 AmCham members took part, including representatives of the diplomatic corps. During the discussions attended by Nuran Karimov, president of the American Chamber of Commerce in Azerbaijan (AmCham), Natavan Mammadova, Executive Director of the Chamber and Vusala Gasimli, Executive Director of the Center for Analysis of Economic Reforms and Communication, in particular, Global Competitiveness Report where Azerbaijan advanced by 2 steps and ranked 35th, was discussed. It was stressed that the advancement of Azerbaijan in the most prestigious world ranking is an appraisal given by international community to the reforms conducted in Azerbaijan under the leadership of the President Ilham Aliyev.

    During the discussions, Vusal Gasimli, Executive Director of the Center for Analysis of Economic Reforms and Communication also talked about the results of monitoring and evaluation of the Strategic Road Maps for the first half of 2017. "Overall monitoring and evaluation of the implementation of the Strategic Roadmaps shows that over half of the envisaged activities have been implemented within six months of this year. At the same time, a number of activities were completed. Current indicators of monitoring and evaluation give grounds to assume that all activities will be implemented before the end of the year. The achieved results will correspond to the targets set out in the Strategic Roadmap. "

    Vusal Gasimli also noted that the adoption of the Strategic Roadmaps and the consistent work carried out in the country within the framework of these Strategic Roadmaps should be considered as the most important factor for the advancement of Azerbaijan in the Global Competitiveness Report. Azerbaijan ranks 35 among 140 countries of the world, ahead of a number of countries, which testifies to the fact that Azerbaijan managed to improve legislation and administration necessary to create a business enabling environment, which ensures the optimal profitability of entrepreneurial activity and based on the principles of competitiveness. Azerbaijan also managed to increase the country's investment attractiveness, while also improving Azerbaijan's position in international rankings.

    It is worth to note that similar events are organized every month by the American Chamber of Commerce in Azerbaijan. Ministers, chairmen of Azerbaijani committees, heads of various central executive authorities and other high-ranking officials are invited as guests to the event.

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