The Ministry of Agriculture held a meeting with beekeepers to discuss the development, breeding and marketing industries, and with the participation of representatives of the Ministry of Economy and Industry.
Head of the Department of Livestock Development Agriculture Abdulaliev Ghalib told Turan, that the main problems are the organization of bee breeding, as well as packing and selling honey. The reason is that the beekeeping sector works alone and cannot offer wholesale trading companies large batch production. Therefore, it was decided to prepare a business plan to tackle these problems. The State undertakes to provide favorable medium-term (3 years) loans, said Ghalib Abdulaliev.
At present, a national standard for honey, which will be taken, possibly as early as this year. To prevent low-quality products, it was decided to tighten control over the quality of bee products. All products are available for sale subject to mandatory laboratory analysis in the Republican veterinary laboratory and its 12 zonal offices. Beekeepers also invited to cooperate more closely with hotels and restaurants.
In the Azerbaijan beekeeping is professionally engaged about 1,500 families. According to the State Statistics Committee, in 2014 the number of bee colonies in the country grew 238.300 to 243,000.
According to the State Statistics Committee, in 2014 it produced 2400 tons of honey, which is by 100 tons less than the previous year. This year it is expected to produce more honey .-- 08B-
Economics
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Azerbaijan's financial standing continues to strengthen as the country's foreign currency reserves have surged to $71 billion as of January 1, 2025, according to the Ministry of Finance. This figure, which includes reserves held by the State Oil Fund of Azerbaijan (SOFAZ) and the Central Bank of Azerbaijan (CBA), far exceeds the nation's external debt, which stands at a fraction of its reserves, specifically nearly 14 times less. This robust reserve position reflects Azerbaijan's fiscal stability and the government’s strategic economic management.
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According to operational data from the Ministry of Energy of Azerbaijan, in January 2025, the country produced 2.3 million tons of oil, including condensate, and 3.9 billion cubic meters of gas.
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The State Oil Company of Azerbaijan (SOCAR) has opened a representative office in Albania and is set to launch a specific project this year, the Albanian company "Albgaz" announced.
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"Azerbaijan is currently among 54 middle-income countries," said Shahmar Movsumov, head of the Economic Affairs and Innovative Development Policy Department of the Presidential Administration, during the presentation of the World Bank’s World Development Report 2024 in Baku on February 10.
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