The Cabinet of Ministers has decided to transfer the Gakh station of pedigree sericulture to the State Seed Fund (SSF).
In April 2016, this station, among 8 enterprises of the Ministry of Agriculture, was transferred to the State Property Committee for privatization. In September, the decision to privatize this station was revised. Now it is again subordinated to one of the structures of the Ministry of Agriculture. The decision of the Cabinet of Ministers was taken at the initiative of this department, but what this initiative is called for is not reported in the document.
At present, 32 state enterprises are in charge of the Ministry of Agriculture and its structures (OJSC Agroleasing, Research Institute of Veterinary Medicine, Research Institute of Viticulture and Winemaking, Research Institute of Animal Husbandry, and SSF). ----08D
Economics
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Azerbaijan’s state oil company SOCAR signed a memorandum of cooperation with North Macedonian company ECM on Thursday, during a visit to Baku by North Macedonia's President Gordana Siljanovska-Davkova, an informed source told Turan.
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Discussions were held in Baku within the framework of the 29th session of the Conference of the Parties (COP29) to the UN Framework Convention on Climate Change, focusing on the "Decarbonization and Climate Adaptation of the Cotton-to-Clothing Value Chain." Among other topics, the state of cotton farming in Azerbaijan was also addressed.
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Azerbaijan has attracted significant interest from companies in both developing and developed countries, as well as from state and private sector representatives of at least 10 nations, regarding participation as shareholders in the Climate Finance Action Fund (CFAF), which has a total budget of $1 billion. The CFAF is one of Azerbaijan’s 14 key initiatives unveiled at COP29, Yalchin Rafiev, Azerbaijan's chief negotiator at COP29 and Deputy Foreign Minister, said at a press conference on Tuesday.
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The Azerbaijani government has proposed that the OPEC Fund participate in financing several renewable energy projects, including offshore wind energy development, green energy corridor initiatives, and a 1 GW project planned by SOCAR in partnership with the UAE-based company Masdar.
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