Baku hosts an event on "The role of tourist sites in the promotion of beekeeping products."
Opening the meeting, Deputy Minister of Economy and Industry Sahib Mammadov spoke about the ways of the output of honey, wax, royal jelly and other natural products to international buyers. According to him, the quickest way is buying honey at hotels and recreation areas. "Hotels can use honey as food and at the same time promote its medicinal properties that can attract more buyers among domestic and foreign tourists," he said, recalling the specific benefits provided to farmers working in this direction.
"The properties and quality of domestic honey are known, but local entrepreneurs need to think about competitive products and about bringing them, including packaging, to international standards.
According to him, local honey is promoted and sold in all international forums of entrepreneurship, but this is not enough. The entrepreneurs also should seek markets and should ensure high quality of their products.
During the event, the organizers presented an exhibition of products of local beekeepers. -17-
Economics
-
The labor market in Azerbaijan in 2024 presents a mixed picture: a slight decrease in the unemployment rate alongside growing challenges in addressing youth employment issues. Despite significant progress in formalizing employment and creating jobs, the mismatch between labor force growth and job availability remains a pressing issue.
-
SOCAR Turkey, the largest foreign investor in Turkey, held a press conference in Istanbul to review its 2024 operational results. The event, attended by Azerbaijani media representatives, featured insights from SOCAR Turkey CEO Elchin Ibadov and Refining and Petrochemical Business Unit Head Kenan Mirzayev.
-
Azerbaijan’s energy sector remains the backbone of its economy, contributing nearly half of government revenues, buoyed by elevated oil prices. Despite a gradual decline in oil production, the rate of decrease has slowed, reflecting a stabilized approach to managing the country’s hydrocarbon resources.
-
Azerbaijan navigated a turbulent economic period in 2024, characterized by inflationary pressures, persistent fears of devaluation, and limited structural reforms. While official data pointed to moderate inflation, deeper vulnerabilities and growing public dissatisfaction cast a shadow over the country's financial stability, economist Gubad Ibadoglu noted.
Leave a review