Baku:Deputy Minister of Economy Azer Bayramov has announced the implementation of support mechanisms aimed at boosting economic activity in the recently liberated territories. Bayramov highlighted the importance of expanding the economic base, focusing on production and the creation of permanent jobs as part of the Great Return initiative.

According to Azeri-Press news agency, Bayramov shared these insights during a joint meeting of the Milli Majlis committees on Legal Policy and State Building; Defense, Security and Combating Corruption; Human Rights; and Regional Affairs. He noted that the economy in the liberated territories is already progressing well.

In the Aghdam and Araz Valley Economic Zone industrial parks, 60 business entities have been registered, producing products valued at approximately AZN 3 billion. Over 1,300 private sector projects are underway in these areas. The support mechanisms being implemented include tax and customs exemptions, utility and social insurance subsidies, credit guarantees, interest subsidies, and preferential loans, all designed to stimulate economic activity and foster entrepreneurship in the liberated territories.