Page 58 - Azerbaijan State University of Economics

Emin Teymurov: Current State and Future Perspectives of Agricultural Exports of Azerbaijan: Bilateral
and Multilateral Aspects

In the framework of Azerbaijan’ multilateral cooperation, development of international
agricultural strategy (Figure 4) might be helpful to fully realize country’s existing potential
and breaking into strategic markets.

Promotion of
agri-food support
& business
interests of
agropreneurs

Technical
assistance, International
transfer of agricultural Integration into
global food
technology, strategy of supply chains
innovation, Azerbaijan
know-how

Capacity building
& human capital
development

Figure 4: Possible elements of international agricultural strategy of Azerbaijan in the
framework of multilateral cooperation

5. BILATERAL AGRICULTURAL COOPERATION WITH GERMANY

German-Azerbaijani economic relations are one of the most dynamically developing
areas of cooperation. Azerbaijan is the most significant trade and economic partner of
Germany in the South Caucasus. In 2017, bilateral trade turnover was almost 1.5
billion Euro and Azerbaijan accounts for approximately 70% of the total bilateral trade

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