Azerbaijan's Cabinet of Ministers Amends Regulations for Industrial Zones

Imports of milk and cream into Azerbaijan rose by 11.8% in physical terms, while imports of butter and other dairy fats surged by 64.7% in the first seven months of 2024, according to data from the State Statistics Committee. During this period, milk production increased slightly by 0.5%. However, despite this rise in domestic production, Azerbaijan imported the equivalent of 157,700 tons of milk in butter form between January and July 2024, exceeding last year’s levels.

Azerbaijan's wheat production has taken a downturn in 2024, despite concerted efforts to enhance self-sufficiency. According to the State Statistics Committee's report on August 15, 98.3% of the winter and spring cereal and leguminous crops (excluding corn) had been harvested by mid-August, yielding 1,680.3 thousand tons of wheat. This represents a notable decrease from 1,828.6 thousand tons produced in the same period of 2023, marking a decline of 148.3 thousand tons, or 8.1%. Agro-expert Vahid Maharramov highlights the government’s struggle to boost wheat production despite various initiatives.

As the cost of internet services in Azerbaijan continues to rise, so too does the frustration of its citizens. With new tariffs pushing monthly fees to 27 manats or more per subscriber, many households are abandoning their internet connections altogether. Families that once juggled two internet access points are now making tough decisions, while those in rural areas with limited incomes are feeling the pressure to cut back.

A new phase of investment cooperation between Azerbaijan and Uzbekistan is emerging, driven by the activities of an Azerbaijani-Uzbek investment company with an authorized capital of $500 million. This joint initiative was presented at the Uzbek-Azerbaijani forum held in Tashkent on August 22-23.