Azerbaijan ranked 70th among 161 countries in Forbes' Best Countries for Business list.

The United Kingdom ranks first in the ranking for the second year in a row. It is followed by Sweden, Hong Kong, the Netherlands, New Zealand, Canada, Denmark, Singapore, Australia and Switzerland.

As for the CIS countries, Georgia is 44th, Russia - 55th, Kazakhstan - 65th, Armenia 87th, Belarus - 88th, Uzbekistan 105th, Tajikistan - 124th, Kyrgyzstan - 108th place.

Source: TREND News Agency