III International Festival of Wine will be held in Ganja, 30 September - 1 October, the report from Azerbaijan Fund Export and Investment Promotion (Azpromo) reads.
What are the achievements of the country for the event? This year the State Statistical Committee has not released a report, but at the end of 2013 there were 110 enterprises (in 2012 there were 127, in 2009 - 136), engaged in the production of beverages, including alcohol. The share of the beverage industry was 207 million manat (+32 million since 2012 and all-time record in this area). Wines were produced in 835.5 deciliters (previous year - 1063), while vodka was made in 844.9 deciliters (696.7 in 2012).
Exports are oriented to the Russian market which is largest in the region in this area. Local entrepreneurs are investing a lot of money for a significant increase in the quality of products that can be seen in local stores. --17D-
Economics
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The Green Climate Fund (GCF), an operating entity of the financial mechanism of the UN Framework Convention on Climate Change (UNFCCC) and the body responsible for implementing the Paris Agreement, has included Azerbaijan for the first time in its list of countries eligible for funding.
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The International Telecommunication Union (ITU), the Permanent Mission of the Republic of Azerbaijan to the UN Office in Geneva and the Ministry of Digital Development and Transport organized for the heads of about 30 diplomatic missions accredited in Geneva a special briefing on the initiative "Green Digital Action", which will be presented during COP29 in November in Baku, the Ministry of Digital Development and Transport of Azerbaijan reported.
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As a member of the International Renewable Energy Agency (IRENA) Council, Azerbaijan participated in the 28th meeting of this Council in Abu Dhabi (UAE).
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Azerbaijan’s imports of animal and vegetable fats and oils climbed 23.9% by weight and 16.2% by value from January to September 2024, official data revealed. Despite the uptick in volume, the import cost of these products saw a decrease compared to the same period last year, with the cost per ton of vegetable oil falling by 6.1% to $1,199.6 in 2024, down from $1,278.6 in 2023.
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