(MENAFN- Trend News Agency ) Baku, Azerbaijan, May 24
By Anvar Mammadov - Trend:
Azerbaijan is still greatly dependent on oil exports, Moody's international credit rating agency's expert Christian Fang said at an annual summit on Azerbaijan in Baku May 24.
'Despite the measures are being taken in the country to diversify the economy, the oil and gas sector still has a high share in the economy, in particular, in exports and the government's revenues,' Fang said.
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