Baku, Azerbaijan, April 2
By Ilkin Shafiyev – Trend:
Azerbaijan's Center for Simplified Support to Family Businesses (ABAD) intends to expand the export of products under its own label, ABAD's director Rufat Elchiyev told Trend on April 2.
According to Elchiyev, the Center also intends to increase the competitiveness of products manufactured under the ABAD label.
"We have a lot of plans on sales and export. For example, according to the law on the development of agricultural cooperation in Azerbaijan, we intend to create associations of entrepreneurs engaged in the production of identical products under the ABAD label. At the initial stage, these will be producers of jam and marmalades. This will lead to an increase in the profitability of the business of small entrepreneurs, since they will not already compete among themselves. The architecture of the market will gradually change - the position of small and medium businesses will be boosted, entrepreneurs will become more competitive, and thereby increase their sales," he said.
The Center for Simplified Support to Family Businesses (ABAD) was established by the decree of the Azerbaijani president, dated Sept. 23, 2016. ABAD provides comprehensive support to families at all business stages, from branding and registration of the enterprise and ending with the access of products to the markets. Presently, the main areas for ABAD are agriculture and arts and crafts.
