Azerbaijan is a Modern-day of it s export s.

Over t he
post -soviet count ry Azerbaijan has past t en years,
t hat regained managed t o up-build Azerbaijan has been
independence in relat ively one of t he
1991. Since 1994, t he sophist icat ed fast est -growing
count ry?s vast oil communicat ion and economies in t he world.
reserves have been t ransport at ion Rich hydrocarbon
at t ract ing foreign infrast ruct ure, as well reserves and careful
invest ment t o t he as indust rial, planning have enabled
economy, which agricult ural, t he count ry t o build a
AZERBAIJAN consequent ially educat ional, housing healt hy and
made t he oil and gas and healt hcare sect ors, forward-looking
-
sect or t he main alt hough t he oil and economy.
FOREIGN DIRECT t arget for foreign gas indust ry st ill
INVESTMENT invest ment s. account s for t he bulk
Foreign Direct
Invest ment in
ATTRACTION Azerbaijan increased by
PLAN 915 USD Million in t he
second quart er of 2019.
Foreign Direct
Invest ment in
Azerbaijan averaged
1285.44 USD Million
from 2006 unt il 2019.
Azerbaijan ranks 25t h
out of 180 count ries in
t he World Bank's 2019
Doing Business
rankings, highlight ing
bet t er prot ect ion of
minor invest ors and
improvement of
insolvency procedures.
It has signed numerous
t reat ies t o encourage
FDI and has also put in
place legislat ion
facilit at ing t he creat ion
of companies, limit ing
corporat e t axes and
laws t o prot ect FDI.
10 "No" Support ing - No limit t o - St rat egic currency
Invest ment Climat e: repat riat ion of profit s. reserves have increased
- No government - No need for local by 16.3 t imes.
inspect ions. count erpart . - Public safet y, good
governance, and
- No discriminat ion - No limit t o t echnology
among invest ors. t ransfer. polit ical st abilit y.
- Foreign invest ment - No licensing for - Invest ment s wort h
does not require a 220 billion USD since
foreign exchange
permit first . 1995.
t ransact ions.
- No foreign exchange - 51 Double Taxat ion
Agreement s.
rest rict ions.
Reasons for a foreign - 47 Bilat eral
-No limit t o amount of direct invest ment in
foreign capit al in Invest ment .
Azerbaijan:
companies. - Highly skilled labor
- In t he past 10 years, force at low wage rat es.
-No legal rest rict ion on GDP and foreign t rade
ownership.
has doubled in size.