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At numerous meetings with businessmen, I have clearly voiced my support for them. We must bear in mind that the state has a monopoly on the oil industry, which is the main sector of the Azerbaijani economy. If we exclude the oil sector from the gross domestic product, we will see that the share of businessmen, i.e. the private sector, in the gross domestic product is very high.

From a speech at a meeting at Chatham House (London)
12.12.2004
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