On February 18, a meeting with entrepreneurs was held in Babek district, jointly organized by the Ministry of Economy of the Nakhchivan Autonomous Republic and the Babek District Executive Authority. Representatives of state institutions and local entrepreneurs attended the event.
The event began with the performance of the National Anthem, followed by a one-minute silence in memory of the National Leader Heydar Aliyev and the martyrs who sacrificed their lives for the territorial integrity and sovereignty of our country.
In his opening speech, the Head of the Babek District Executive Authority, Ovni Muradov, welcomed the participants and provided information on the socio-economic development indicators achieved in the district over the past year, the work carried out to develop entrepreneurship, the favorable business environment created, and the importance of state support.
The Minister of Economy of the Nakhchivan Autonomous Republic, Kazim Huseynaliyev, stated in his speech that the sustainability of the development trends observed in various sectors of the autonomous republic directly depends on the activity of business entities.
The Minister called on entrepreneurs to make effective use of the region’s existing economic potential and the support mechanisms provided by the state, to come forward with new investment initiatives, and to expand their activities. It was emphasized that the main objective ahead is to further accelerate socio-economic development, which can be achieved through strengthening public–private sector cooperation.
Rafiq Aliyev, a member of the Confederation of Entrepreneurs of the Nakhchivan Autonomous Republic and a businessman, spoke about his entrepreneurial activities, noted that he had benefited from the opportunities created by the state, and expressed his gratitude for the favorable conditions provided for businesspeople.
Within the framework of the meeting, representatives of the Ministry of Economy of the Nakhchivan Autonomous Republic, the State Tax Service under the Ministry of Economy, and the Entrepreneurship Development Fund delivered presentations on support mechanisms for entrepreneurs, the procedures for granting concessional loans, as well as new tax and social insurance benefits.
