According to Rosselkhoznadzor, on the border with Dagestan in Russia the export of 18 tons of fresh apples from Azerbaijan was prevented. The "red light" was ignited at the international checkpoint Yarag - Gazmalar by the Dagestan inspectors of this supervisory office of the Russian Federation. The reason is called the presence of the so-called eastern apple worm (Grapholitha molesta Busck) in the fruit, which was revealed by the Plant Quarantine Center.
Recall, about 50 thousand tons of apples was exported from Azerbaijan to Russia last season against the backdrop of anti-western sanctions by Russia, which led to a twofold increase in the cost of this fruit in the local market. --17D-
Economics
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Azerbaijan's Cabinet of Ministers has approved amendments to the list of strategically important goods in the country's consumer market, as outlined in Decision No. 136 dated April 27, 2023. The update aligns with the implementation of the Law on State Reserves and a corresponding presidential decree, the government announced on Thursday.
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Representatives of Azerbaijani and Latvian business circles convened in Baku for the "Azerbaijan-Latvia Information and Networking Meeting," marking a significant step in bolstering economic cooperation between the two countries. Latvian Ambassador to Azerbaijan, Edgars Skuja, underscored the event’s mission to connect entrepreneurs from both nations, aiming to enhance collaboration across multiple sectors.
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The President of Azerbaijan approved the amendments on November 7, which were made to the “Law of the Republic of Azerbaijan on Credit Bureaus” by the Milli Majlis. The text of the amended law was published on November 28.
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The European Bank for Reconstruction and Development (EBRD) has released its Transition Report 2024-25 for Azerbaijan, urging the country to take bold steps to improve economic governance and foster private sector development. The report outlines key priorities for Azerbaijan’s economic trajectory and highlights challenges stemming from its reliance on volatile energy markets.
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