News From Azerbaijan >>
>> Estonian companies ready to invest in Azerbaijan's agriculture for subsequent export to neighboring regions
>> Azerbaijan preparing new law on stimulating agricultural insurance
>> Azerbaijan may render state support for production of solar batteries
>> EU assists with improving farm data monitoring system in Azerbaijan
Estonian companies ready to inve
Estonian companies ready to invest
in Azerbaijan's agriculture for subsequent export to neighboring regions
Estonia is prepared to cooperate with Azerbaijan to establish joint production
ventures, Estonia's charge d'affaires ad interim in Azerbaijan Indrek Kiverik
said, Estonian media reported.
ôOne of the directions in which we can cooperate is mutual investment, joint
production projects, so in the future we can export output to neighboring
regions. There is a number of Estonian companies that are prepared to invest in
agriculture and the keeping of animals as well as in other fields for subsequent
export to Central Asia, India and Turkey," Kiverik said.
He added that Estonian entrepreneurs are also interested in participating in
logistics projects, joint carriage and transport services.
Azerbaijan preparing new law on
Azerbaijan preparing new law on
stimulating agricultural insurance
The Committee for Agrarian Policy of the Azerbaijani parliament will view the
draft law "On Stimulation of Agricultural Insurance" in May 2018.
This is stipulated by the plan of legislative work of the committee for the
spring session of 2018, approved on Jan. 26 at the parliamentĺs meeting.
Chairman of the parliamentary committee Eldar Ibrahimov said that currently, the
Ministry of Agriculture of Azerbaijan continues work on the draft law.
ôThe project was to be submitted to the parliament during the autumn session
last year, but it was not fully developed. We hope that at the spring session
the drafting of the bill will be completed,ö noted Ibrahimov.
The average tariff for agricultural insurance is about 1,500 manats per year
(five percent per one hectare), and the average profit per hectare is about
25,000 manat per year in Azerbaijan.
According to the Financial Market Supervisory Authority (FIMSA), premiums in the
agricultural insurance market amounted to 4.33 million manats, and payments
totaled 1.51 million manats in 2017.
Azerbaijan may render state supp
Azerbaijan may render state support
for production of solar batteries
The Azerbaijani Ministry of Economy may consider the possibility of rendering
state support for the production of solar batteries, Azerbaijani Economy
Minister Shahin Mustafayev said.
Mustafayev made the remarks at a conference in Baku dedicated to the results of
the fourth year of the implementation of the ĹState Program on Socio-Economic
Development of the Regions of Azerbaijan in 2014-2018ĺ, in the Heydar Aliyev
Center Jan. 29.
During the conference, the entrepreneurs stressed that presently, it is
ineffective to use solar batteries and other sources of alternative energy in
Azerbaijan because of the lack of domestic production of appropriate equipment.
Mustafayev added that if there is a demand for such products, the ministry is
ready to render state support.
The minister stressed that the production of solar batteries could be
established in one of the industrial parks in Azerbaijan.
EU assists with improving farm d
EU assists with improving farm data
monitoring system in Azerbaijan
On 29 January, an expert from Hungary visited the Azerbaijani capital Baku to
assist the countryĺs Agriculture Ministry to develop the farm data monitoring
system (FDMS). The mission programme involves a thorough scanning of the current
set-up of the countryĺs FDMS, its data collection practice and data quality
Additionally, the expert, together with officials from Azerbaijanĺs Ministry of
Agriculture, will review the methodology for sampling and weighting in the FDMS.
The mission is being organised by the European Commissionĺs Technical Assistance
and Information Exchange Instrument (TAIEX) in cooperation with the Ministry of
Agriculture of Azerbaijan.
TAIEX is a demand-driven tool that supports partner countries with the
adaptation of national laws, regulations and quality standards to match those of
EU Member States in the framework of Cooperation or Association Agreements
signed with the EU. In the Eastern Neighbourhood, TAIEX works with Armenia,
Azerbaijan, Belarus, Georgia, the Republic of Moldova and Ukraine.
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