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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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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Azerbaijan’s State Railways (ADY) reported a 28% year-on-year increase in transit cargo volumes through the North-South International Transport Corridor (NSTC) in 2024, reaching 814,000 tonnes. This growth underscores the country’s concerted efforts to unlock the strategic potential of the corridor, which connects Northern Europe and Russia to the Indian Ocean.
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