The Ministry of Agriculture of Azerbaijan and the Ministry of Food, Agriculture and Livestock of Turkey will hold Baku Business Forum on February 23. The purpose of the forum is to rise to a qualitatively new level of development of the bilateral relations in the agricultural sector, Turan was told in the Ministry of Agriculture of Azerbaijan.
To participate in the forum a large delegation comes to Baku, consisting of representatives of about 150 Turkish companies.
In 2016, imports from Turkey amounted to $ 1 billion 181.5 million, an increase of 0.9%. According to Turan’s calculations based on data from the State Customs Committee of Azerbaijan, Azerbaijan exported agricultural products worth $ 118 million to Turkey last year. Azerbaijan, in turn, supplied agricultural goods in the amount of $ 2 million to Turkey. ----08D
Economics
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Kazakh Energy Minister Almasadam Satkaliyev said on Monday that Kazakhstan and Azerbaijan continue to discuss prospects for transporting Kazakh oil through the Baku-Supsa oil pipeline, which has been idle since spring 2022, Kazakh media reported.
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The supply of Azerbaijani gas to North Macedonia will transition to a regular basis in the mid-term, an informed source told Turan.
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In Azerbaijan, the minimum consumption basket may be reassessed next year. This was discussed during a joint meeting of parliamentary committees. The last changes to the consumption basket were made a decade ago. However, during this period, inflation has risen, and the cost of the minimum living standard has also increased. Moreover, some experts believe that the current minimum consumption basket in Azerbaijan requires significant updates, with the inclusion of additional goods and services.
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Azerbaijan's draft state budget for 2025 prioritizes strategic objectives outlined by President Ilham Aliyev, including economic growth, social development, and reconstruction of liberated territories, according to senior officials speaking at a parliamentary session on Monday.
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