As of November 7 Azerbaijan picked 50.4 thousand tons of raw cotton, which is 20.4 thousand tons more than in the comparable period of 2015.
Cotton harvest continues in 23 regions. According to the Committee, the majority of harvested cotton accounted for the Agjabedi, Saatli, Sabirabad, Imishli and Bilasuvar regions. Cotton growers in these areas brought together 26.5 thousand tons of the harvest.
The Ministry of Agriculture believes all is not lost yet, and before the winter they can collect another 50,000 tons of cotton. The cotton pickers purchased by JSC Agroleasing gradually come into the fields.
This year cotton sowing was carried out on 52,057 hectares of land.
Many independent experts do not agree with the government's plans to expand the area under cotton in the next 2-3 years to 250,000 ha. According to them, plants more efficient economically could be grown instead. ---08D
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
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