At the end of December 2012 the area under winter cereals and fodder crops amounted to 1 million 079 thousand hectares, which is 39,000 or 3.8% more than in the previous year.
According to the State Statistics Committee, the share of wheat is 690.4 thsd hectares of farmland. This is 0.2% higher than at the end of 2011. The areas sown for barley (307,000 ha) increased by 14.8%. This is due to the increasing demand of livestock and poultry.
The Azerbaijani government stimulates the production of grain. For every hectare cultivated the farmers get 80 manats. This year, to ensure the secure supply of food, the government will allocate 125 million manats from the state budget. - 08D-
Economics
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The State Oil Company of Azerbaijan (SOCAR), Albania’s Ministry of Infrastructure and Energy, and Albanian gas company Albgaz signed a memorandum of understanding (MoU) on Sunday in Baku during the 29th session of the UN Climate Change Conference (COP 29).
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The Green Energy Corridor project, aimed at delivering green energy from Azerbaijan through Georgia and the Black Sea to Romania, Hungary, and Bulgaria, has entered the investment assessment phase, according to Georgian Deputy Prime Minister and Minister of Economy and Sustainable Development, Levan Davitashvili.
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Azerbaijan’s state oil company SOCAR and Italy’s Italgas signed a cooperation agreement on Sunday during the 29th session of the United Nations Framework Convention on Climate Change (COP29), aimed at accelerating the energy transition.
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Turkey aims to achieve carbon neutrality by 2053, transforming key sectors of its economy in line with a vision of "net-zero emissions and green development," President Recep Tayyip Erdogan announced at COP29 in Baku on Monday.
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