The Regulations on the State Seed Fund under the Ministry of Agriculture of Azerbaijan entered into force on 31 October.
According to the document, the Fund aims to collect store, update, use the seeds of crops, providing producers of agricultural industry. The Fund is also involved in the regulation of prices for seeds, preventing a rise in price in the event of natural disasters, and provides them with insurance.
In addition, its representatives have the authority to require from the sellers of relevant products and the import documents as sold seed, inspect commodity seed lots, as well as seeds, used in crops.
The Fund was established under the presidential decree on March 2, 2015. Initially, AZN 10 million was allocated for its activity. --17D-
Economics
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Rashad Huseynov has been appointed as the new director of the Center for Agricultural Research under the Ministry of Agriculture, replacing Firdousi Fikretzade who led the center since 2019. Fikretzade stepped down from his position on June 10 at his own request.
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Since July 1, bus and metro fares have increased by 10 qəpik, reaching 50 qəpik. The fare for buses on the Baku-Sumgayit route has risen from 60 qəpik to 70 qəpik. However, it is reported that there has been no improvement in service quality following the price increase. According to complaints, air conditioners are not working on buses operating in the periphery, and overcrowding persists.
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Rovshan Najaf, President of the State Oil Company of the Republic of Azerbaijan (SOCAR), held a meeting with Bojan Kumer, Slovenia's Minister of Environment, Climate and Energy, to discuss bilateral cooperation in the energy sector.
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Azerbaijani Energy Minister Parviz Shahbazov met with a delegation led by the World Bank's Regional Director for the South Caucasus, Roland Price, to discuss the development of cooperation in the energy sector.
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