The number of kilocalories consumed per capita will increase from 2,800 to 3,050 by the year 2050. This means that the demand for food products in Azerbaijan by that time will grow by 70%. This was said by the Executive Director of the Center for Analysis of Economic Reforms and Communications (CAERC) Vusal Gasimli.
The American Chamber of Commerce in Azerbaijan (AmCham) in collaboration with CAERC and the Service of the Aide to the President of Azerbaijan on Economic Reforms organized a conference "Strategic perspective on agriculture: competitiveness, food safety and social aspects" in Baku. The conference discussed the main directions of the strategic road map for the main sectors of the economy and the national economy, in particular agriculture.
The section chief of the Service of the Azerbaijan Presidential Aide on Economic Reforms Elkhan Mikayilov noted that by 2050 the population of Azerbaijan will grow to 12.1 million, thus the need for the country's food supply will increase.
The main aspects of the view of agriculture in the light of the strategic roadmap of the economy are competitiveness, food security, and social aspects (employment, regional development, etc.). ----08D
Economics
-
Azerbaijan’s economic growth is expected to continue in the coming years, although forecasts from ING Group and the United Nations (UN) present slightly differing views on the pace of recovery. ING Group, the largest banking institution in the Netherlands, predicts modest growth in Azerbaijan’s gross domestic product (GDP), while the UN offers a more optimistic outlook.
-
The average age of taxi cars in Azerbaijan has dropped from 15 to 7 years, according to a statement from the Azerbaijan Ground Transport Agency (AYNA), which attributes this change to the implementation of reforms.
-
Kazakhstan has bolstered its position in international grain markets by resuming exports to Iran and Azerbaijan, according to the country’s Ministry of Agriculture.
-
In recent years, Azerbaijan has quietly fostered a vibrant startup ecosystem that is beginning to make waves on the international stage. From digital education platforms to innovations in agrotechnology, these startups reflect the country's growing embrace of technology and entrepreneurship. A combination of government support, international collaboration, and bold entrepreneurial vision has propelled several Azerbaijani ventures into the global spotlight.
Leave a review