THE ROLE OF AZERBAİJAN İN THE FİELD OF GLOBAL WORLD LOGISTICS

Keywords: logistics, logistics infrastructure, development, globalization, economy

Abstract

In this article, the objective is to research and analyze the actual and strategic role of Azerbaijan in the field of Global Logistics and how Azerbaijan contributes strategically to the global logistics industry. This article explores the ways Azerbaijan should do in terms of its strategic role in the world logistics field and tries to disclose country's role in conditions that exist in the world logistics network. Logistics has an important role the development of all sector in any country. When we evaluate the role of Azerbaijan in the field of Global Logistics, one of the main nuances is to determine the weak and strong points of country in logistics section. For the improvment of logistics potencial, the state programs in this area should be implemented continuously. By assessing the country's capabilities in the field of global logistics, it is important to attract international attention to increase the country's transit trade potential. A general theoratical approach to the study of modern logsitics relations permit to form a imagination about the basic events and processes occuring in this field. In any region, the improvement of logistics infrastructure creates broadly opportunities for the developmemt of transit potencial and having become a significant motive force of economic growth, logistics and trade permit to increase the capacity of foreign direct investments in the basic fields in quickly globalizing world. Azerbaijan plays the role of a bridge between Europe and Asia. To turn into an important hub, to become better in this sector, Azerbaijan has to improve essentially the logistics and trade infrastructure for the long term period.

References

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Published
2023-10-13
How to Cite
Novruzov, N. (2023). THE ROLE OF AZERBAİJAN İN THE FİELD OF GLOBAL WORLD LOGISTICS. Taurida Scientific Herald. Series: Economics, (17), 26-31. https://doi.org/10.32782/2708-0366/2023.17.3
Section
WORLD ECONOMY AND INTERNATIONAL ECONOMIC RELATIONS