“Together with the Exporters’ Club [of Azerbaijan Export and Investment Promotion Foundation] and representatives of business associations, we prepared new proposals that have already been submitted to the government,” Babayev said.
The export promotion mechanism has proved very successful and gave a new impetus to the expansion of exports, according to him.
As part of mechanisms of non-oil exports’ promotion, the government returns part of costs to exporters, reimbursing three to six percent of the customs value of goods.
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