Speaking at the meeting, Minister of Economy of the Nakhchivan Autonomous Republic Kazim Huseynaliyev stated that the economic reforms implemented in Nakhchivan, the favorable business environment, and government support create broad opportunities for the development of entrepreneurship. The Minister emphasized that the tax, customs, and social insurance benefits introduced as of January 1, 2026, are a clear example of the attention and care shown by the President of the Republic of Azerbaijan towards the region.
It was noted that on June 9, 2026, the President of the Republic of Azerbaijan signed the Decree “On Additional Measures Related to the Promotion of Non-Oil and Gas Goods Exports and Support for Transportation Costs.” The main objective of the Decree, which will enter into force on September 1, 2026, is to further improve access to foreign markets for goods produced in the country, as well as access for products originating from the Nakhchivan Autonomous Republic to other territories of the Republic of Azerbaijan.
The Minister called on entrepreneurs to make effective use of the existing economic potential and favorable conditions created in the autonomous republic, implement investment projects, and contribute to the development of public-private sector cooperation.
The founder of “Marsol Group,” Tural Mustafayev, stated that establishing strong ties among entrepreneurs, promoting the exchange of experience, implementing joint projects, exploring investment opportunities, and increasing investment will make an important contribution to strengthening economic activity in the autonomous republic.
During the meeting, representatives of the Ministry of Economy of the Nakhchivan Autonomous Republic delivered presentations on “The Economic Potential and Support Mechanisms of the Nakhchivan Autonomous Republic” and “Tax, Customs, and Social Insurance Benefits Applied in the Nakhchivan Autonomous Republic as of January 1, 2026.”
At the end of the meeting, company representatives provided information about their areas of activity, an exchange of views was held on prospects for future cooperation, and questions from the participants were answered.
