In the first half of this year the volume of extra-budgetary revenues of the State Phytosanitary Service (SFS) of the Ministry of Agriculture amounted to 1.732.000 manat, by 1.7 times more than in all of 2015. This is the result of the new model of pest surveillance and ensuring financial transparency, on the results of the meeting of the Board of the Ministry. There is a 30% increase of the volume of SFS over first six months of 2016compared with the same period in the 2007-2013 year.
According to the decision of the Tariff Council of 2005, SFS provides Phytosanitary Surveillance Services to businesses and individuals on the phytosanitary quarantine inspection of imported goods, disposal of quarantine of plants and products, places and means of storage and transport, laboratory analysis and inspection at the established rate.
According to the Ministry of Agriculture, over six months of this year has been banned imports of 48 tons of potatoes due to the presence of harmful organisms in it. During this period, phytosanitary service destroyed about 90 tons of food products, while 2014 the figure was only 2.5 tons. 08D
Economics
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Azerbaijan's Cabinet of Ministers has approved amendments to the list of strategically important goods in the country's consumer market, as outlined in Decision No. 136 dated April 27, 2023. The update aligns with the implementation of the Law on State Reserves and a corresponding presidential decree, the government announced on Thursday.
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Representatives of Azerbaijani and Latvian business circles convened in Baku for the "Azerbaijan-Latvia Information and Networking Meeting," marking a significant step in bolstering economic cooperation between the two countries. Latvian Ambassador to Azerbaijan, Edgars Skuja, underscored the event’s mission to connect entrepreneurs from both nations, aiming to enhance collaboration across multiple sectors.
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The President of Azerbaijan approved the amendments on November 7, which were made to the “Law of the Republic of Azerbaijan on Credit Bureaus” by the Milli Majlis. The text of the amended law was published on November 28.
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The European Bank for Reconstruction and Development (EBRD) has released its Transition Report 2024-25 for Azerbaijan, urging the country to take bold steps to improve economic governance and foster private sector development. The report outlines key priorities for Azerbaijan’s economic trajectory and highlights challenges stemming from its reliance on volatile energy markets.
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