Due to Russia Exports of Azerbaijan’s Agricultural Products Increased by Almost a Third
A conference "Non-oil exports: today's challenges and opportunities" has begun in Baku.
According to the Deputy Minister of Agriculture of Azerbaijan Seyfaddin Talibov, the main importer of the local agricultural industry products is the Russian Federation - 90% of the produced fruits and vegetables are supplied to this country.
"Azerbaijan accounts for 3.5% of Russia's imports of vegetables and 2.7% of its fruit imports (11th position among the countries). Local products of the agricultural industry and private producers are of the highest quality, so it is sold at relatively high prices," he said.
The Deputy Minister reported the official figures – by 1 October compared to the same period last year, agricultural exports grew by 31.9%, with 90% of exports being vegetables, including potatoes, and fruit. --17D-
Economics
-
The Central Bank of Azerbaijan (CBA) has approved the "Green Taxonomy," according to a decision by its Board of Directors on November 13.
-
Azerbaijan's state oil and gas company, SOCAR, has signed a joint development agreement with Bulgaria’s "Asarel Energy," part of the Asarel Medet holding group. The agreement was signed on November 13 during the COP29 summit in the presence of the Presidents of Azerbaijan and Bulgaria, Ilham Aliyev and Rumen Radev.
-
Saudi Electricity CEO Khalid Al-Hamidi and Baba Rzayev, Chairman of Azerbaijan's state-owned energy company Azerenergy, signed a memorandum of understanding (MoU) on Wednesday during the COP29 summit in Baku. The agreement, inked after a high-level meeting between Azerbaijan's Minister of Energy and his Saudi counterpart in the event’s Blue Zone, aims to enhance cooperation on integrating renewable energy into Azerbaijan’s power grid.
-
The CEO of ICGB, the operator of the Greece-Bulgaria Interconnector (IGB), Theodor Georgieva, underscored the critical role of Azerbaijan and other gas suppliers to the European Union in the event of a potential cessation of Russian gas deliveries through Ukraine, speaking to journalists on the sidelines of COP29 in Baku.
Leave a review