BAKU, Azerbaijan, April 29. A total of 76% of
taxes paid to the state budget in Azerbaijan’s non-oil and gas
sector is attributed to the private sector, President of the
National Confederation of Entrepreneurs (Employers) Organizations
Mammad Musayev said at an event titled “Entrepreneurship
Development is a Strong Economy” held in Baku today, Trend reports.


According to him, this fact indicates that entrepreneurship is
the driving force of the national economy.


"The full restoration of Azerbaijan's territorial integrity and
sovereignty is of historic significance for our country and
economy. The liberated lands are not just a new business area for
entrepreneurs today; they represent a place of return,
reconstruction, and spiritual connection. The opportunities created
by the state—tax exemptions, rapid infrastructure development,
security, and long-term development strategies—further strengthen
this interest.


According to the data from the State Statistical Committee as of
January 1, 2026, there are over 5,000 micro, small, medium, and
large entrepreneurial entities operating in the Karabakh and
Eastern Zangezur economic regions. This figure represents a 6%
increase compared to 2024. Additionally, close to 526 million manat
($308 million) has been invested in the Karabakh Economic Region,
covering a wide range of activities, from the processing sector to
tourism," he noted.







He further stated that in the coming years, the liberated
territories will become one of the most dynamic parts of the
Azerbaijani economy. At the same time, he noted that public–private
sector partnership has entered a qualitatively new stage. Musayev
added that the Confederation of Azerbaijani Entrepreneurs
consistently works to protect entrepreneurs’ interests, provide
information, and defend their rights, while supporting economic
reforms and contributing to the development of state–business
dialogue.


In this context, he also highly appreciated the activities of
the Working Group on the Removal of Obstacles and Difficulties in
Entrepreneurial Activities and the Improvement of the Business
Environment, as well as its subgroups.


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