Prospects for Trade and Economic Cooperation between the Kingdom of Morocco and the Republic of Azerbaijan
The article examines the current trends and prospects for trade and economic cooperation between the Kingdom of Morocco and the Republic of Azerbaijan. The author considers the factors that determine the current state of bilateral trade and economic cooperation. It has been established that in modern conditions, the importance of the Azerbaijan Republic as an international economic partner of the Kingdom of Morocco is growing, which is due to the increasing role of Azerbaijan in the world economy through energy supplies. On the basis of statistical data of the two countries, a comparative analysis of foreign trade of the Kingdom of Morocco with the Republic of Azerbaijan and foreign trade of the Republic of Azerbaijan with the Kingdom of Morocco has been conducted for the period from 2009 to 2016. The paradox, which is the simultaneous existence of a positive balance in the bilateral trade of each of the countries being studied, has been revealed and explained. It has been proved that trade relations between the two countries are fragile. The problem of intermediaries in trade operations between the two countries has been underlined. The author concludes that the level of development of bilateral trade and economic cooperation of the Kingdom of Morocco with the Republic of Azerbaijan is low and there is a need to introduce appropriate organizational mechanisms for its development. Promising areas of bilateral trade and economic cooperation have been identified, for the revitalization of which the creation of an interactive virtual platform “Economic Cooperation between the Kingdom of Morocco and the Republic of Azerbaijan” has been proposed.
Embarh, M. A. (2018). Potentsial rosta ekonomicheskikh otnosheniy mezhdu Marokko i Azerbaydzhanom bezgranichen [The growth potential of economic relations between Morocco and Azerbaijan is limitless]. Retrieved from http://caspianenergy.net/ru/ambassador/44199-2018-03-01-05-51-32 [in Russian].
Hasan, H. (2014). Marokko – mnogoobeshchayushchiy eksportnyy khab regiona [Morocco is a promising export hub of the region]. Retrieved from http://caspianenergy.net/ru/ambassador/14962-marokko-mnogoobeshchayushchij-eksportnyj-khab-regiona-chrezvychajnyj-i-polnomochnyj-posol-korolevstva-marokko-khasan-khami [in Russian].
Vliyatelnyye gazety Marokko opublikovali intervyu s poslom Azerbaydzhana v etoy strane [Influential newspapers of Morocco published an interview with the Ambassador of Azerbaijan in this country]. Retrieved from https://azertag.az/ru/xeber/vliyatelnye_gazety_marokko_opublikovali_intervyu_s_poslom_azerbaidzhana_v_etoi_strane-705494 [in Russian].
Azerbaydzhan dinamichno integrirovalsya v mirovoye ekonomicheskoye prostranstvo [Azerbaijan dynamically has integrated into world economic space]. Retrieved from https://azertag.az/ru/xeber/Azerbaidzhan_dinamichno_integrirovalsya_v_mirovoe_ekonomicheskoe_prostranstvo-1020602 [in Russian].
Godovoy obzor sostoyaniya ekonomiki i osnovnykh napravleniy vneshneekonomicheskoy deyatelnosti Azerbaydzhanskoy Respubliki v 2016 godu (2017). [Annual review of the state of the economy and the main directions of foreign economic activity of the Republic of Azerbaijan in 2016]. Retrieved from http://184.108.40.206/TpApi/Upload/36472f69-c5b1-41f5-889f-7db522a6aad9/obzor_economy_azerbaijan_2016.pdf [in Russian].
International Trade Centre. The official web site. Retrieved from http://www.intracen.org/
The State Statistical Committee of Azerbaijan. The official web site. Retrieved from https://www.stat.gov.az/?lang=en
Abstract views: 65 PDF Downloads: 77