Helping Azerbaijan Avoid Oil Dependence by Improving its SEZ Law

The current Baku Port, Azerbaijan

Locus helped review the Azerbaijani special economic zone (SEZ) law under a contract with the World Bank. Azerbaijan's 2009 SEZ law intends to promote manufacturing industries to diversify the economy away from oil production. The law establishes a special tax and customs regime, as well as special operational rules.

In 2016, the government announced that it would be making improvements to the SEZ law and designating a new zone in Alat, which would include a new Baku International Sea Trade Port.