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Azerbaijan: Giving New Meaning to the Term "Banana Republic"

Georgia's The Financial has a great story up about a Georgian company's failed efforts to break into Azerbaijan's banana market. Encouraged by Azeri President llham Aliyev's recent calls to streamline the country's customs procedures, the company registered itself as an importer in Azerbaijan and sent truck laden with bananas to the border, only to be denied entry. 


According the the article, Azerbaijan's banana business is controlled by a monopoly. Says a representative of the Georgian company: "We will not be discouraged and will keep our trucks at the Azeri border for as long as it takes to break the monopoly no matter our financial losses; I find it laughable reading a statement from the Azeri Ambassador to Georgia claiming that there are no monopolies in Azerbaijan and that the market is open to everyone.

We will invite all the Georgian and Azeri press next week to the Azeri border to witness how our trucks are prohibited from entering the country; I will also personally invite the Ambassador of Azerbaijan to attend the event along with the media."

To read the full story

Azerbaijan: Giving New Meaning to the Term "Banana Republic"

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