office opened in Baku FAO
On February 24 in Baku after 20 years of cooperation with Azerbaijan opened an office of partnership and coordination of the Food and Agriculture Organization (FAO) of the United Nations. At the ceremony the Minister of Agriculture Heydar Asadov and FAO representative in Baku Mustafa Ymir signed the project "Support for seed sector development." The project provides assistance to the Ministry of Agriculture in the field of seed production, test grades, registration and control of seed quality, as well as their processing and marketing. It will be implemented within two years.
In total in 1995-2015, the FAO implemented 23 projects in Azerbaijan. Relevant are five national and two regional projects. 08D
Economics
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Azerbaijan’s Cabinet of Ministers approved a detailed framework for the preparation of sector-specific strategic plans aimed at guiding the country’s economic development over the medium term.
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Azerbaijan’s ADY Express, a subsidiary of Azerbaijan Railways CJSC, signed several strategic agreements on the sidelines of the Logitrans Türkiye 2024 exhibition in Istanbul, Turkey, reinforcing its commitment to expanding freight transport services along the Middle Corridor.
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Azerbaijan plans to establish state-of-the-art battery storage facilities for green energy with a total capacity of 350 MW within the next 4-5 years, a well-informed source in the Ministry of Energy told Turan.
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Shareholders of the Caspian gas condensate "Absheron" project plan to approve the Front End Engineering Design (FEED) in December, laying the groundwork for full-scale development of the field, an informed source told Turan.
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