Priorities of the agro business in the Ismayilli region have been defined.
According to the report of the National Fund for Entrepreneurship Support (NFES), the appropriate crediting will be provided to projects in animal husbandry and dairy, farms of intensive horticulture and beekeeping, enterprises for the production of cheese, fruit, as well as windows and doors.
Business people who have submitted projects in these areas to the authorized credit organizations can count on expert advice, as well as a loan of up to 100% of the project cost.
NFES was established in 1992. Its agents to extend credits are more than 50 banks and micro-finance organization. Last year, the Fund reported on the financing of local businesses in the amount of 295 million manat. --17D-
Economics
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On January 11, Serbian President Aleksandar Vučić announced that Azerbaijan had notified Serbia about the suspension of daily gas supplies amounting to 1.7 million cubic meters due to technical problems at the Shah Deniz field.
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The Turkish company Aksa Doğalgaz, part of Kazancı Holding, has announced the completion of the contractual process to purchase the gas distribution companies Bursagaz and Kayserigaz. These companies have been operating under SOCAR Türkiye Energy AS (STEAS) since 2019, according to Aksa Doğalgaz.
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Azerbaijan's Cabinet of Ministers has introduced new regulations establishing the minimum royalties for authors of state-commissioned films, aiming to promote creative works reflecting the country's national identity and cultural values.
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Tea imports to Azerbaijan have increased. According to the State Customs Committee, from January to November 2024, tea imports grew by 3.3% year-on-year to 12,893 tons in volume and by 4.5% in value, amounting to $67.715 million.
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