Business Alliance on Commerce Industry and Trade (Bacit)

bacit is to explore and expand opportunities for businesses between azerbaijan and the international market with more emphasis focused on emerging markets, in particular africa. the whole of africa will be covered in the spectrum. azerbaijan is focused on diversifying its economy. it is in the interest of emerging economies to attract direct foreign investment from azerbaijan. additionally, international market is ready to open up to products from azerbaijan which have comparative advantage than the rest of the world. bacit core focus is on the non-oil sector of the economy, mostly in the developing agricultural sector, to promote and improve the agribusiness. some of the vital services that bacit provides include pre-analysis, products and market reviews, products promotion, and support business integration, advice on export and import. also facilitating direct business to business contacts, trades between companies in azerbaijan and counterparts in specific countries.