Stavropol entrepreneurs have profits from supplying grain to Azerbaijan at 8,400 rubles (176 manats) per tonne provided delivery to the state border. For reference - the Ministry of Emergency Situations of the population buys wheat at 240 manat per ton. The Cabinet of Ministers in December 2009 decided to release grain products imported for storage in the State Grain Fund from VAT and customs duties.
As stated in the Southern Federal District http://fedpress.ru/news/econom/agricult/1406530415-azerbaidzhan-podal-novye-zayavki-na-pokupku-stavropolskogo-zerna), Caspian businessmen bought 220 tons of strategic goods, 80 tons of new crop has crossed the territory of the republic. Also, Azerbaijan started shipping last year's harvest of grain.
Demand for grain is approximately 3.2 million tons per year. Average grain yield in Azerbaijan, according to State Statistics Committee, is 2.7 tonnes per hectare. This year, under winter and spring crops there were plowed 934,811 hectares of land, of which 616,700 hectares were planted with wheat (minus 0.4% per year), and 301,560 hectares - with barley (11.4%). Overall, it turns out 2,524,000 tons - 78.7% of the needs. Official statistics indicated that domestic grain demand of Azerbaijan met by 85%.
Ministry of Agriculture estimated the use of modern technology can increase the amount of grain production in Azerbaijan to 4 - 4.5 million tons per year and provide full self through domestic production, which means that the purchase of new equipment and agricultural machinery, regardless of their impact. - 17D-
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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