The Republic of Azerbaijan is located in the Caucasus, bordered by Armenia and Turkey to the west, Georgia to the northwest, Russia to the north, Iran to the south and the Caspian Sea to the east. With a surface area of 86.6 thousand sq.kms, Azerbaijan has close to 9.8 million inhabitants, for a GDP of US$39.2 billion.
Nearly half of the national economy is occupied by the industrial sector, followed by services, with the primary sector accounting for less than 10% of the national wealth produced. Russia is Azerbaijan’s main supplier and Italy is its main customer.
Azerbaijan is the Caucasian country with which France is developing the most important economic relations. French players are particularly present in the oil, banking, telecommunications, transport and tourism sectors (source : France diplomatie, May 2018).
In order to meet the needs of its customers on the Azerbaijani market, Simon Associés has developed privileged relations with economic and legal partners locally.
