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01.03.2013 16:43

ICT Minister Ali Abbasov: Asian region is attractive for Azerbaijan

Baku. Nijat Mustafayev Ė APA-Economics. Asian region is a favorable and wide market for Azerbaijan to increase non-oil export, Minister of Communications and IT Ali Abbasov said at the Azerbaijani-Japan cosmic sector seminar, APA-Economics.

ĎAzerbaijan pays great importance to space industry. This sphere has been in development since 2008. This seminar will cause establishment of ties in cosmic sphere between the two countriesí, noted Abbasov

The minister reminded launching of the first telecommunication satellite to orbit: ĎOur plans regarding cosmic sphere are big and long-termí.

ĎAsian region attracts Azerbaijan with two factors Ė technological development and wide market. At present, 80-85% of countryís export falls to share of oil&oil products, but, Azerbaijan intends to double the volume of GDP in 2020 at the cost of non-oil sector. At the same time, we will raise potential of non-oil export. We intend to put local companies on regional markets by providing them with new technologiesí, added Abbasov.

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