ECUADOR Y AZERBAIYÁN: EVALUACION DE UNA POSIBLE INTEGRACIÓN COMERCIAL

Abstract

For a country to grow, a diversity of factors needs to be considered: its regime, its natural resources and how to enhance good foreign and trade relations. Countries always search for better markets to promote their products to reach economic expansion, as well, as meeting the economic and political traits and requirements to enter to global commerce and aim for development and strategic alliances for the nations own benefit. Ecuador must seek for worldwide markets. As it is known, trade negotiations with the European and American markets are already strengthened; that is the reason why Ecuador should look for alternative market opportunities. This Academic Paper’s purpose is to demonstrate through a qualitative research method (exploratory type), that Azerbaijan is an attractive country to relate and business with; due to its fast growing economy in recent years and its overall macroeconomic and political stability. As a result, the great market potential of Azerbaijan will be shown, conjointly with the factors which Ecuador must pursue to penetrate this market by means of strategic alliances to achieve joint development.