Baku/11.09.13/Turan : Azerbaijan signed with the Food and Agriculture Organization (FAO) two grant agreements in the field of agriculture. The budget of the projects aimed at combating locusts and development of seed growing is $ 1 million.
Agreement signed by the Minister of Agriculture Ismet Abbasov and subregional coordinator for Central Asia and Azerbaijan FAO Representative Mustafa Sinaceur on September 10 in Baku.
The cost of the project "Development of the seed in the Organisation for Economic Co-operation " is $ 400 thousand It will be implemented in 2013-2014 . The project includes the production of seed policies in the regional and national levels , increasing the production and sale of seed corn, the creation of private seed farms , improvement of legislation on seed , capacity building control authorities.
The project "Improvement of the status of grasshoppers in the Caucasus and Central Asia" will be implemented within three years. FAO has allocated for this purpose Azerbaijan $ 600 million It involves strengthening the fight against grasshoppers , organization of study abroad at the master's level of local experts , the development of technical and human resources Phytosanitary Service .
Currently, FAO provides the participation of Azerbaijan National 4 and 8 regional projects. Technical assistance to Azerbaijan in these projects is an average of $ 500 million. - 08D-
Economics
-
The Agency for the Development of Small and Medium-Sized Businesses (KOBIA), in collaboration with the Ministries of Economy and Ecology and Natural Resources, organized a conference today in Baku focusing on the role of small and medium-sized enterprises (SMEs) in advancing the green economy.
-
Under the golden September sun, the Third Grape and Wine Festival took place in Shamakhi, in the village of Meysari on September 7-8, 2024, drawing wine enthusiasts and tourists alike to celebrate Azerbaijan’s ancient winemaking traditions. Organized by the State Agency for Tourism, the festival highlighted the country’s efforts to rejuvenate its viticulture industry, with a focus on boosting local production and expanding export opportunities.
-
Azerbaijan has spent over $1.6 billion on large-scale infrastructure projects, including the Crystal Hall for Eurovision, the Olympic Stadium in Baku, and the Shahdag ski resort. But according to Fikret Mamedov, a graduate of London Business School and director of Sage Solutions, this spending has not provided long-term benefits for the country’s economy.
-
The outcome of the 44-day Second Karabakh War in 2020 has significantly reshaped the ranking of foreign direct investment (FDI) into Azerbaijan's economy, economist Gubad Ibadoglu said in an article. Recent data show a notable rise in investments from Russia, Turkey, and China, particularly targeting the liberated territories. However, Western investments have remained limited, as barriers such as monopolies, a lack of judicial independence, and the government's classification of states as "friendly" or "unfriendly" have dampened interest.
Leave a review