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POTENTIAL AND PROSPECTS OF DEVELOPMENT OF TRADE AND ECONOMIC COOPERATION BETWEEN AZERBAIJAN AND GERMANY


The article reveals the preconditions and factors of trade and economic cooperation between Azerbaijan and Germany. In particular, the specific features of the macro-economic model of development, particularly the banking system are identified, investigated the entrepreneurial climate and business forms, revealed the specific features of the investment activity and investment climate. Diagnostics of foreign economic relations between the two countries. Particular attention is paid to the established in these countriesthe investment climate and business environment. Reveals the prospects of bilateral cooperation between Azerbaijan and Germany. It developed a number of institutional and economic efficiency measures for bilateral cooperation in traditional areas of trade and economic relations between Azerbaijan and Germany. Highlight key areas of economic cooperation between the two countries. Determined the most favorable segments to create new joint ventures with Germany and the priority product groups for export operations in Azerbaijan. In conclusion, the key findings arising from the research.



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Keywords:  trade and economic cooperation, foreign direct investment, foreign trade, business activities, joint ventures.

THEORY

Huseynov Ilkin Adil
Postgraduate of the chair for «International Economic Relations» of Azerbaijan State Economic University

 

 

 

 

 

 

 

 

 

 

 

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