Page 58 - Azerbaijan State University of Economics

THE JOURNAL OF ECONOMIC SCIENCES: THEORY AND PRACTICE, V.71, # 2, 2014, pp. 42-65

in WTO and without indicators for 2003-2007. These figures will allow to precisely

forecasting social results of entrance to WTO (positive or negative).

The key moment for co-relation of foreign trade and poverty is a labor market.

III. WTO and AIS

Taking into account number of employed in agriculture (40% of employees) and level of their

profits, it is recommended to kick-start full-scale studies "Agro-industrial sector of Azerbaijan

and WTO", covering the following problems:

 international trade and foodstuff security in Azerbaijan;

 problems of public adjustment on foreign trade with rural products;

 assessment of co-relation of foreign trade conditions and the most vulnerable

sectors of rural economy in Azerbaijan;

 assessment of feasible sale of agro-industrial sector's output, produced in

Azerbaijan, in the international markets;

 the most optimal conditions for Azerbaijani agriculture under membership in WTO;

 perspectives for agrarian sector of Azerbaijan within WTO;

 mechanism for protection of agrarian sector of Azerbaijan within WTO.

Recommendations on legislative base.

I. As a result of studies, we came to conclusion that legislation, applied by Republic of

Azerbaijan, lacks fundamental laws to regulate mechanism for protection of home market of

domestic production, particularly - agrarian production. These laws are initiated for national

interests of WTO's member-nations and available through legal agreements of the organization.

1). Law "Special Protecting Measures".

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