AZERBAIJAN

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AZERBAIJAN
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(No Transcript)
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The Republic of Azerbaijan

• Capital Baku
• Territory 86 600 km²
• Population 8 436 000
• Official language Azerbaijani
• State structure Presidential republic
• Currency Azerbaijani manat (AZN)

1 AZN 0.84 US dollars
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Major economic indicators in 2007

• GDP - 29.3 billion US dollars.
• GDP growth - 25. In 2006 - 35
• GDP per capita - 3473.9 US dollars
• GDP structure production (including
  construction) 72.5, services 20.2 and taxes
  - 7.3
• Share of non-state sector in GDP 84
• State budget income 6626 million US dollars,
  spending 5764 million US dollars
• Raise in monetary income of population - 40.3
• Monetary reserves 7 billion US dollars

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Investments

• Total 7877.7 million US dollars
• domestic investments - 59.6
• foreign investments 40.4
• Investments into oil sector - 51
• Investments into non-oil sector - 49
• In comparison with 2006
• a) Raise in domestic investments - 50.7
• b) Growth in investments into non-oil sector -
  28.8

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Foreign trade

• Trade balance - 11 766.5 million US dollars.
• - Import 5 708.6 million US dollars
• - Export 6 058.3 million US dollars
• - Saldo () 349.7 million US dollars

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Structure of import

• Machinery, electric devices (30.2)
• vehicles, airships, floating transportation means
  (15.5)
• ferrous metals and resulting products (12.4)
• food products, alcohol and non-alcohol drinks,
  vinegar, tobacco (7.7)
• phytogenous products (6.6)
• products of chemical industry (5.9)

• minerals (5.3),
• optical instrument, medical equipment, clocks,
  musical instruments (3.1)
• stone, gyps, cement, mica, ceramics and glass
  (2.3)
• paper and paper-board made of wood, and resulting
  products (1.7)
• wood, cork, and resulting products (1.3)
• textile (1)

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Structure of export

• Minerals (81.5),
• food products, alcohol and non-alcohol drinks,
  vinegar, tobacco (3.8)
• phytogenous products (3.2),
• ferrous metal and resulting products (3.0)
• stone, gyps, cement, mica, ceramics and glass
  (2.3)
• vehicles, airships, floating transportation means
  (1.7)

• paper and paper-board made of wood, and resulting
  products (1.7)
• products of chemical industry (1.5)
• Animal or phytogenous fat and oils (1.4),
• wood, cork, and resulting products (1.3)
• Plastic, rubber, and resulting products (1.2)
• textile (1)

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Main trade partners
In thousand US dollars

• Italy (2 970 008)
• Russia (1 525 799)
• Israel (946 008)
• Turkey (773 185)
• Great Britain (459 295)
• Germany (412 704)
• France (403 340)
• Iran (381 814)
• Turkmenistan (378 532)
• Ukraine (355 834)
• Georgia (334 436)

• USA (289 842)
• Kazakhstan (232 908)
• China (228 871)
• Greece (187 351)
• Japan (185 570)
• Finland (167 732)
• Tajikistan (131 186)
• Romania (119 380)
• South Korea (115 286)
• Netherlands (105 579)
• Spain (69 019)

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Forecast for 2008

• GDP growth 16.1
• GDP amount 26.2 billion US dollars
• Growth in oil sector 26, in non-oil sector
  8.1
• Investments - 6.2 billion US dollars, including
  4.4 billion US dollars of domestic investments
• Share of non-state sector in GDP - 89
• Foreign trade balance - 24.1 billion US dollars
• State budget 12 billion US dollars

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Trade between the Republic of Azerbaijan and the
Czech Republic

• Import 19 503.6 (in thousand US dollars)
• Export - 373.3
• Saldo - (-) 19 130.3
• Imported goods Sparkling water, medicines,
  glues, rubber tire, hygienic towels, rolls,
  jewels, vessels, metal structures, steam
  turbines, heating devices, lifting cranes,
  batteries, load carriers, apparatus, contact
  lenses
• Exported goods Propane, handbags, cotton fiber,
  shoe materials, periodicals, carpets, used clothes

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Investment opportunities for Czech businessmen

• Why Azerbaijan?
• Fastest growing economy
• Abundant resources
• Favorable location
• Competitive cost of production
• Investor friendly

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Investment opportunities - sectors

• Energy
• Agriculture
• Food and Beverages
• Construction
• Telecom
• Tourism
• Financial sector

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Possible trade topics between the Republic of
Azerbaijan and the Czech Republic

• Possible export opportunities
• a) Beverages, especially beer
• b) Machinery, electric devices
• c) Vehicles
• d) Products of chemical industry
• e) Glass and crystal products

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Possible import opportunities

• Minerals
• Food products, alcohol and non-alcohol drinks,
  vinegar
• Preserved food, including canned fruit
• Phytogenous products
• Animal or phytogenous fat and oils
• Stone, gyps, cement, mica, ceramics and glass
• Ferrous metal and resulting products
• Cotton

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Participation in government tenders

• Any firm wishing to take part in public tenders
  could get all relevant information from the
  web-site of the State Agency on Procurement of
  the Republic of Azerbaijan
• http//www.tender.gov.az

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Welcome to Azerbaijan