Azerbaijan drafts bill “On small and medium business”

A bill on ‘Small and medium business’ aimed at supporting small and medium-sized businesses is being drafted in Azerbaijan, Deputy Chairman of the Board of Agency for Development of Small and Medium-Sized Enterprises under Azerbaijani Ministry of Economy Mehman Abbas said.

Abbas made the remarks at 5th EU-Azerbaijan Business Forum in Baku, Trend reports.

“This will help create additional opportunities for the development of small and medium-sized businesses,” he said.

“The work on the establishment of cluster companies is under completion,” he said. In his words, a Public Council has been created under the agency to serve as a mechanism for a dialogue between the state and the private sector.

“About 15 associations are members of this council,” Abbas said. “At least once a month, we hold meetings and discuss the problems occurring in business environment.”