On 25 November 2021, the next meeting of the Tax, Customs and Legal Services Working Group chaired by Mr Farid Isayev, Chairman of the Board took place in a hydrid format. The meeting was held within the framework of the Market Exploration Trip of German company representatives to Azerbaijan in the fields of construction, logistics and transport which was attended by over 60 company representatives from Azerbaijan and Germany.
The central theme of the meeting was the role of the Alat Free Economic Zone in Azerbaijan's economic development. Opening the meeting, Mr Tobias Baumann, Executive Board Member welcomed the participants and further emphasised the importance of the topic for the local and international business community. The honorary guest speaker of the meeting Mr Valeh Alasgarov, Chairman of the Board of Directors at the Alat Free Economic Zone Authority gave a presentation on the topic of "Investment Opportunities in Azerbaijan in Non-oil and Gas Sector: Example of the Alat Free Economic Zone" at the meeting. In his presentation, he covered several key topics such as their vision and strategic intent for the project, incentives they would provide for the businesses and their legislative framework.
After the presentation, the guest speaker answered questions raised by the participants.
