The Food and Agriculture Organization (FAO) of the United Nations with the assistance of the Ministry of Agriculture is working on the consolidation of small share of agricultural land.
According to the Ministry of Agriculture, the project consists of three components. It is envisaged to analyze and improve land legislation. In the second phase a national strategy will be developed for the consolidation of small agricultural producers. Already at the third and final stage will be a pilot project for the consolidation of agricultural land.
Land reform in Azerbaijan was carried out in 1995-1996, which resulted in the land ownership by more than 830 thousand families. Experts note that the process of creating farms in Azerbaijan has been slow, which leads to low productivity, increased the degree of poverty in rural areas.
In December 2015 the Parliament adopted in first reading the draft law On Agricultural Cooperation. The document provides for the adoption of incentives for the creation of cooperatives for agricultural production, storage, processing, lending, etc.
Since 2011, the Government also carries out a complex of measures on creation of private farms with the use of public lands. ----08D
Economics
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Azerbaijan’s economy, which is heavily dependent on oil revenues, faces a stark warning in the 2021 report by Carbon Tracker titled “Beyond the Oil States: The Urgent Need to Reduce Dependence on Oil in the Context of the Energy Transition.” The report ranks Azerbaijan among the most vulnerable oil-dependent countries, placing it in the "5th group" — a category reserved for nations expected to experience a decline in oil and gas revenues exceeding 40% over the next decade. This group includes Angola, Bahrain, Timor-Leste, Equatorial Guinea, Oman, and South Sudan, highlighting shared economic risks for these states.
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Azerbaijan's non-oil and gas exports rose 3.5% year-on-year to $2.8 billion during the first ten months of 2024, the Center for Analysis of Economic Reforms and Communication (CAERC) reported in its November "Export Review."
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Azerbaijan Railways CJSC (ADY) will modify the schedules for commuter and domestic trains in line with the Cabinet of Ministers' decision to adjust work and rest days in November, aiming to ensure safe and comfortable travel during the COP29 event, the company announced.
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In Azerbaijan, the government has increasingly relied on tax exemptions for imported goods as a tool to stabilize domestic market prices. The exemption from the 18% VAT on wheat imports, extended this year, exemplifies this approach. New measures have also been introduced, including tax relief on imports of electric vehicle chargers, while exemptions for high-cost medications are currently under discussion. Notably, defense imports continue to be free from taxes and customs duties.
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