According to the minister, this progress is creating a more favorable environment for both local and foreign investors, while also boosting regional development opportunities.
"Competition is the driving force of a market economy. From an economic perspective, demand and supply are properly shaped only when there is competition. Innovation and productivity are only possible in a healthy competitive environment," Jabbarov noted.
He added that enhancing competitiveness, adopting new technologies, and boosting international reputation are playing a significant role in the countrychr("39")s economic progress.
"The agreements signed in the United States on August 8 and the processes that followed have further increased Azerbaijanchr("39")s economic appeal, also bearing strategic importance for the wider region," Jabbarov emphasized.
