Sahib Alakbarov: Heydar Aliyev made huge contribution to Azerbaijani economy’s development

Shortly after coming to power during the period of independence, Heydar Aliyev mobilized the people of Azerbaijan for the development of the country and the creation of a new economy, Deputy Minister of Economy Sahib Alakbarov said during a conference dedicated to the 100th anniversary of Heydar Aliyev, on the topic “Trade, economic and humanitarian cooperation between the Republic of Azerbaijan and the Astrakhan region: current state and prospects,” Report informs.

He noted that Heydar Aliyev, who came to power in a period of soaring inflation and the collapse of industry, said: “A country that has a strong economy is capable of anything.” So, the national leader began to recreate Azerbaijan’s economy.

“Heydar Aliyev also paid special attention to the development of good neighborly relations with all peoples in the region,” he added.

Alakbarov noted that at the moment the Russian Federation is one of the leading trade partners of Azerbaijan.

“Out of more than 80 constituent entities of the Russian Federation, agreements were signed with twenty. An agreement was signed with the Astrakhan region on September 8, 2011. Our trade volume is growing, and 21 companies with Azerbaijani capital are represented in Astrakhan,” Alakbarov said.

The deputy minister of economy stressed that cooperation in the field of tourism between Azerbaijan and the Russian Federation is actively developing: “According to the report for the first quarter of 2023, the number of Russian tourists visiting Azerbaijan amounted to 120,000, which is 76% more than in the same period last year.”

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