1. AZERBAIJAN

3. The Republic of Azerbaijan Capital: Baku Capital: Baku Territory: 86 600 km² Territory: 86 600 km² Population: 8 436 000 Population: 8 436 000 Official language: Azerbaijani Official language: Azerbaijani State structure: Presidential republic State structure: Presidential republic Currency: Azerbaijani manat (AZN) Currency: Azerbaijani manat (AZN) 1 AZN = 0.84 US dollars

4. Major economic indicators in 2007 GDP - 29.3 billion US dollars. GDP - 29.3 billion US dollars. GDP growth - 25%. In 2006 - 35% GDP growth - 25%. In 2006 - 35% GDP per capita - 3473.9 US dollars GDP per capita - 3473.9 US dollars GDP structure: production (including construction) – 72.5%, services – 20.2% and taxes - 7.3% GDP structure: production (including construction) – 72.5%, services – 20.2% and taxes - 7.3% Share of non-state sector in GDP – 84% Share of non-state sector in GDP – 84% State budget: income – 6626 million US dollars, spending – 5764 million US dollars State budget: income – 6626 million US dollars, spending – 5764 million US dollars Raise in monetary income of population - 40.3% Raise in monetary income of population - 40.3% Monetary reserves – 7 billion US dollars Monetary reserves – 7 billion US dollars

5. Investments Total – 7877.7 million US dollars Total – 7877.7 million US dollars a) domestic investments - 59.6% b) foreign investments – 40.4% Investments into oil sector - 51% Investments into oil sector - 51% Investments into non-oil sector - 49% Investments into non-oil sector - 49% In comparison with 2006: In comparison with 2006: a) Raise in domestic investments - 50.7% a) Raise in domestic investments - 50.7% b) Growth in investments into non-oil sector - 28.8% b) Growth in investments into non-oil sector - 28.8%

6. Foreign trade Trade balance - 11 766.5 million US dollars. Trade balance - 11 766.5 million US dollars. - Import – 5 708.6 million US dollars - Export – 6 058.3 million US dollars - Saldo – (+) 349.7 million US dollars

7. Structure of import Machinery, electric devices (30.2%) Machinery, electric devices (30.2%) vehicles, airships, floating transportation means (15.5%) vehicles, airships, floating transportation means (15.5%) ferrous metals and resulting products (12.4%) ferrous metals and resulting products (12.4%) food products, alcohol and non-alcohol drinks, vinegar, tobacco (7.7%) food products, alcohol and non-alcohol drinks, vinegar, tobacco (7.7%) phytogenous products (6.6%) phytogenous products (6.6%) products of chemical industry (5.9%) products of chemical industry (5.9%) minerals (5.3%), minerals (5.3%), optical instrument, medical equipment, clocks, musical instruments (3.1%) optical instrument, medical equipment, clocks, musical instruments (3.1%) stone, gyps, cement, mica, ceramics and glass (2.3%) stone, gyps, cement, mica, ceramics and glass (2.3%) aper and paper-board made of wood, and resulting products (1.7%) paper and paper-board made of wood, and resulting products (1.7%) wood, cork, and resulting products (1.3%) wood, cork, and resulting products (1.3%) textile (1%) textile (1%)

8. Structure of export Minerals (81.5%), Minerals (81.5%), food products, alcohol and non-alcohol drinks, vinegar, tobacco (3.8%) food products, alcohol and non-alcohol drinks, vinegar, tobacco (3.8%) phytogenous products (3.2%), phytogenous products (3.2%), ferrous metal and resulting products (3.0%) ferrous metal and resulting products (3.0%) stone, gyps, cement, mica, ceramics and glass (2.3%) stone, gyps, cement, mica, ceramics and glass (2.3%) vehicles, airships, floating transportation means (1.7%) vehicles, airships, floating transportation means (1.7%) paper and paper-board made of wood, and resulting products (1.7%) paper and paper-board made of wood, and resulting products (1.7%) products of chemical industry (1.5%) products of chemical industry (1.5%) Animal or phytogenous fat and oils (1.4%), Animal or phytogenous fat and oils (1.4%), wood, cork, and resulting products (1.3%) wood, cork, and resulting products (1.3%) Plastic, rubber, and resulting products (1.2) Plastic, rubber, and resulting products (1.2) textile (1%) textile (1%)

9. Main trade partners 1. Italy (2 970 008) 2. Russia (1 525 799) 3. Israel (946 008) 4. Turkey (773 185) 5. Great Britain (459 295) 6. Germany (412 704) 7. France (403 340) 8. Iran (381 814) 9. Turkmenistan (378 532) 10. Ukraine (355 834) 11. Georgia (334 436) 12. USA (289 842) 13. Kazakhstan (232 908) 14. China (228 871) 15. Greece (187 351) 16. Japan (185 570) 17. Finland (167 732) 18. Tajikistan (131 186) 19. Romania (119 380) 20. South Korea (115 286) 21. Netherlands (105 579) 22. Spain (69 019) In thousand US dollars

10. Forecast for 2008 GDP growth – 16.1% GDP growth – 16.1% GDP amount 26.2 billion US dollars GDP amount 26.2 billion US dollars Growth in oil sector – 26%, in non-oil sector – 8.1% Growth in oil sector – 26%, in non-oil sector – 8.1% Investments - 6.2 billion US dollars, including 4.4 billion US dollars of domestic investments Investments - 6.2 billion US dollars, including 4.4 billion US dollars of domestic investments Share of non-state sector in GDP - 89% Share of non-state sector in GDP - 89% Foreign trade balance - 24.1 billion US dollars Foreign trade balance - 24.1 billion US dollars State budget – 12 billion US dollars State budget – 12 billion US dollars

11. Trade between the Republic of Azerbaijan and the Czech Republic Import – 19 503.6 (in thousand US dollars) Import – 19 503.6 (in thousand US dollars) Export - 373.3 Export - 373.3 Saldo - (-) 19 130.3 Saldo - (-) 19 130.3 Imported goods: Sparkling water, medicines, glues, rubber tire, hygienic towels, rolls, jewels, vessels, metal structures, steam turbines, heating devices, lifting cranes, batteries, load carriers, apparatus, contact lenses Imported goods: Sparkling water, medicines, glues, rubber tire, hygienic towels, rolls, jewels, vessels, metal structures, steam turbines, heating devices, lifting cranes, batteries, load carriers, apparatus, contact lenses Exported goods: Propane, handbags, cotton fiber, shoe materials, periodicals, carpets, used clothes Exported goods: Propane, handbags, cotton fiber, shoe materials, periodicals, carpets, used clothes

12. Investment opportunities for Czech businessmen Why Azerbaijan? Why Azerbaijan? a) Fastest growing economy b) Abundant resources c) Favorable location d) Competitive cost of production e) Investor friendly

13. Investment opportunities - sectors Energy Energy Agriculture Agriculture Food and Beverages Food and Beverages Construction Construction Telecom Telecom Tourism Tourism Financial sector Financial sector

14. Possible trade topics between the Republic of Azerbaijan and the Czech Republic Possible export opportunities Possible export opportunities a) Beverages, especially beer b) Machinery, electric devices c) Vehicles d) Products of chemical industry e) Glass and crystal products

15. Possible import opportunities Minerals Minerals Food products, alcohol and non-alcohol drinks, vinegar Food products, alcohol and non-alcohol drinks, vinegar Preserved food, including canned fruit Preserved food, including canned fruit Phytogenous products Phytogenous products Animal or phytogenous fat and oils Animal or phytogenous fat and oils Stone, gyps, cement, mica, ceramics and glass Stone, gyps, cement, mica, ceramics and glass Ferrous metal and resulting products Ferrous metal and resulting products Cotton Cotton

16. Participation in government tenders Any firm wishing to take part in public tenders could get all relevant information from the web-site of the State Agency on Procurement of the Republic of Azerbaijan: Any firm wishing to take part in public tenders could get all relevant information from the web-site of the State Agency on Procurement of the Republic of Azerbaijan:http://www.tender.gov.az

17. Welcome to Azerbaijan