Nakhchivan, April 7th President of Azerbaijan Ilham Aliyev visited the Nakhchivan Business Center.
The Center consists of a central administrative building and an exhibition hall.
The exhibition hall was provided with pavilions, modern translation equipment, projectors and audio amplifiers.
The Head of State was informed that the Center works to enlighten entrepreneurs, and keep businessmen updated about economic reforms carried out in Azerbaijan, as well as in Nakhchivan, international economic relations, and developments and changes in the world financial system.
President Ilham Aliyev viewed an exhibition of goods produced in the Nakhchivan Autonomous Republic.
Chairman of the Supreme Majlis of the Nakhchivan Autonomous Republic Vasif Talibov informed the Head of State that about 346 types and 988 ranges of goods had been produced in Nakhchivan.
Mr. Talibov noted that some 438 industrial companies were operating in the Autonomous Republic.
The President was informed that the macroeconomic indexes of Nakhchivan had grown up in last 10 years.
The gross domestic product increased 8.4-fold, volume of industrial output 49-fold, agricultural production 4.7-fold, investments made in fixed capital 4.1-fold, while people’s incomes 10.2-fold, and foreign trade 13.9-fold between 2003-2013.
President Ilham Aliyev was informed that the exhibition featured over 280 ranges of goods of 88 companies.
The Head of State was told that the goods produced in the Nakhchivan Autonomous Republic had been exported to not only the South Caucasus and CIS regions, but also to the world market.
President Ilham Aliyev viewed “Nazlifan” cars produced in the Nakhchivan Automobile Plant, which was put into operation in January 2010.
About 3,000 cars had already been produced at the plant, which employees 62 people.
The Head of State was informed that 954 production and service enterprises had been established in Nakhchivan in the last 10 years.
Some 54,460 new jobs were opened in Nakhchivan between 2003-2013, with the rate of unemployment reduced to zero percent.