In connection with the upcoming holidays - the Day of Solidarity of World Azerbaijanis and New Year, the Ministry of Agriculture from 24 to 31 December will organize agricultural fairs in Baku and Sumgayit. In Baku, the fair will operate near the cinema "Baku", "Keshla Bazaar" in Badamdar settlement, St. Seyran Mamedov 1, Amirjan village, St. Malik Mustafayev 4 and Darnagul village, near the "Elite" shopping center. In Sumgayit the fair will be opened in the 12th district and near the old bus station. As a rule, at pre-holiday fairs of agricultural products are sold cheaper than in the markets and supermarkets, however, but the product quality is worse. -06D--
Economics
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According to the State Customs Committee, in the first eleven months of this year, Azerbaijan transported 6.96 million tons of cargo by rail, worth $3.01 billion. This represents a 4% decrease in volume and a 10.1% decline in value compared to the same period in 2023.
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The Cabinet of Ministers of Azerbaijan has approved a set of regulations to govern the approval of agreements under the country’s competition law, aimed at fostering compliance with legal frameworks and enhancing market transparency.
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Azerbaijan's ambitious program to restore territories liberated from Armenian occupation has attracted attention due to the extensive use of single-source procurement methods, raising concerns about transparency and corruption.
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Azerbaijan recorded a 2% increase in wheat imports from January to November 2024 compared to the same period in 2023, underscoring its continued reliance on external sources to meet domestic demand. This growth comes amid a significant decline in domestic wheat production, which decreased by 148,100 tons in 2024, further intensifying the need for imported supplies.
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