The Ministries of Agriculture and Taxes signed an agreement on electronic exchange of information.
By the automated system of electronic tax information (AVIS) the system of E-Agriculture of the Ministry of Agriculture will receive data on taxpayers, who are engaged in the production of agricultural products.
The press service of the Ministry of Agriculture told Turan the exchange of information will be provided between the Ministry of Agriculture and JSC Irrigation and Water Management. The joint stock company will provide the necessary information to the Ministry on water cadastre, irrigated lands, land reclamation and irrigation networks, waterworks, state soil salinity, etc. ---08D
Economics
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Natural gas prices in Europe surged to their highest level since October 2023 on Friday, reflecting expectations of increased demand due to an impending cold spell in the region.
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U.S. President Donald Trump’s proposed energy and trade policies could lead to a prolonged decline in global oil and gas prices, potentially triggering economic instability in Azerbaijan from 2026 onward, unless significant structural reforms are implemented, economist Gubad Ibadoglu warned in a recent analysis.
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Azerbaijan has taken a step toward diversifying its agricultural sector by launching the country’s first commercial banana production, with local producer Fruitland introducing tropical fruits to the domestic market.
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Azerbaijan, Georgia, Turkey, and Bulgaria have agreed on the draft text of a memorandum of understanding in the field of green energy transmission, marking a significant step in the development of sustainable energy ties in the region. The document aims to expand energy exchange between the countries and establish a legal framework for the Green Energy Corridor project.
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