On February 19, a meeting with business representatives was held in the Sadarak district, jointly organized by the Ministry of Economy of the Nakhchivan Autonomous Republic and the Sadarak District Executive Authority. Representatives of state institutions and local entrepreneurs attended the event.
The event began with the performance of the National Anthem. The memory of the National Leader Heydar Aliyev and the martyrs who sacrificed their lives for the territorial integrity and sovereignty of our country was honored with a minute of silence.
Head of the Sadarak District Executive Authority, Naim Cahidzade, stated that supporting entrepreneurship and creating new jobs remain a priority in the district. He noted that the work carried out contributes to improving the welfare of the population and ensuring the sustainable development of the district. Naim Cahidzade highly appreciated the meeting, emphasizing that such gatherings serve as a beneficial platform for entrepreneurs and contribute to strengthening mutual cooperation.
Minister of Economy of the Nakhchivan Autonomous Republic, Kazim Huseynaliyev, highlighted that the economy of the autonomous republic is developing successfully across various sectors and that the activities of entrepreneurs play a crucial role in ensuring the sustainability of this growth. The Minister stressed that the tax, customs, and social insurance incentives implemented from January 1, 2026, are a clear example of the attention and support shown by the Head of State to the region. He encouraged entrepreneurs to make effective use of the region’s economic potential and the support mechanisms provided by the state, to implement new investment projects, and to expand their existing activities in order to contribute to economic development.
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 businesspeople, procedures for obtaining concessional loans, as well as new tax, customs, and social insurance incentives.
At the end of the event, during the panel discussion, entrepreneurs addressed their concerns and questions to representatives of state institutions. The issues raised were comprehensively answered.
