New Free Trade Zone (FTZ) to be created in the Baku International Sea Trade Port located south of Baku, Azerbaijan on the Caspian Sea

Foreign company to assist in creation of Baku FTZ

By Fatma Babayeva
13 JUNE 2016, 11:32 (GMT+04:00)

A foreign company will be involved in the project on creation of a Free Trade Zone (FTZ) in the territory of the Baku International Sea Trade Port located in Azerbaijan’s Alat town.

The statement was made by Taleh Ziyadov, director general of the Port, during the first meeting of the working group for the creation of the FTZ on June 10.

Ziyadov noted that the establishment of the FTZ in the territory of the Baku International Sea Trade Port in Alat will contribute to turning the Port into a transportation and logistics center in Europe.

“Negotiations have been held with a foreign company that specializes in the planning and management of free trade zones, and it will soon join the creation of the FTZ in Azerbaijan,” he added.

Click here for full article in AzerNews
Click here for more details about the FTZ
Click here for the Port of Baku’s Green Port initiatives


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