It is time for Azerbaijan to cast off illusions, regarding the possibilities of the European market, expert
Edited by Rhod Mackenzie / 2013-11-08 05:52:07
It’s only due to its independent energy policy that the foreign-currency and gold reserves of Azerbaijan have reached $50 billion and another $60 billion has been spent for the country’s needs, the Doctor of Economics, ex-president of SOCAR, S.Bagirov says.
According to him, joining the Customs Union and the EU, Azerbaijan will lose its economic independence. It will result in a loss of profit from energy resources production.
