Monthly Bulletin     February 19, 2018  
  Monthly Bulletin      February 19, 2018 11:52:43 AM
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News From Azerbaijan >>
>> Estonian companies ready to invest in Azerbaijan's agriculture for subsequent export to neighboring regions
>> Azerbaijan preparing new law on stimulating agricultural insurance
>> Azerbaijan may render state support for production of solar batteries
>> EU assists with improving farm data monitoring system in Azerbaijan

31.1.2018 Estonian companies ready to inve

Estonian companies ready to invest in Azerbaijan's agriculture for subsequent export to neighboring regions


Source:, 2018-01-08

Estonia is prepared to cooperate with Azerbaijan to establish joint production ventures, Estonia's charge d'affaires ad interim in Azerbaijan Indrek Kiverik said, Estonian media reported.

ôOne of the directions in which we can cooperate is mutual investment, joint production projects, so in the future we can export output to neighboring regions. There is a number of Estonian companies that are prepared to invest in agriculture and the keeping of animals as well as in other fields for subsequent export to Central Asia, India and Turkey," Kiverik said.

He added that Estonian entrepreneurs are also interested in participating in logistics projects, joint carriage and transport services.

31.1.2018 Azerbaijan preparing new law on

Azerbaijan preparing new law on stimulating agricultural insurance


Source:, 2018-01-26

The Committee for Agrarian Policy of the Azerbaijani parliament will view the draft law "On Stimulation of Agricultural Insurance" in May 2018.

This is stipulated by the plan of legislative work of the committee for the spring session of 2018, approved on Jan. 26 at the parliamentĺs meeting.

Chairman of the parliamentary committee Eldar Ibrahimov said that currently, the Ministry of Agriculture of Azerbaijan continues work on the draft law.

ôThe project was to be submitted to the parliament during the autumn session last year, but it was not fully developed. We hope that at the spring session the drafting of the bill will be completed,ö noted Ibrahimov.

The average tariff for agricultural insurance is about 1,500 manats per year (five percent per one hectare), and the average profit per hectare is about 25,000 manat per year in Azerbaijan.

According to the Financial Market Supervisory Authority (FIMSA), premiums in the agricultural insurance market amounted to 4.33 million manats, and payments totaled 1.51 million manats in 2017.

31.1.2018 Azerbaijan may render state supp

Azerbaijan may render state support for production of solar batteries


Source:, 2018-01-29

The Azerbaijani Ministry of Economy may consider the possibility of rendering state support for the production of solar batteries, Azerbaijani Economy Minister Shahin Mustafayev said.

Mustafayev made the remarks at a conference in Baku dedicated to the results of the fourth year of the implementation of the ĹState Program on Socio-Economic Development of the Regions of Azerbaijan in 2014-2018ĺ, in the Heydar Aliyev Center Jan. 29.

During the conference, the entrepreneurs stressed that presently, it is ineffective to use solar batteries and other sources of alternative energy in Azerbaijan because of the lack of domestic production of appropriate equipment.

Mustafayev added that if there is a demand for such products, the ministry is ready to render state support.

The minister stressed that the production of solar batteries could be established in one of the industrial parks in Azerbaijan.

31.1.2018 EU assists with improving farm d

EU assists with improving farm data monitoring system in Azerbaijan


Source:, 2018-01-29

On 29 January, an expert from Hungary visited the Azerbaijani capital Baku to assist the countryĺs Agriculture Ministry to develop the farm data monitoring system (FDMS). The mission programme involves a thorough scanning of the current set-up of the countryĺs FDMS, its data collection practice and data quality checks.

Additionally, the expert, together with officials from Azerbaijanĺs Ministry of Agriculture, will review the methodology for sampling and weighting in the FDMS.

The mission is being organised by the European Commissionĺs Technical Assistance and Information Exchange Instrument (TAIEX) in cooperation with the Ministry of Agriculture of Azerbaijan.

TAIEX is a demand-driven tool that supports partner countries with the adaptation of national laws, regulations and quality standards to match those of EU Member States in the framework of Cooperation or Association Agreements signed with the EU. In the Eastern Neighbourhood, TAIEX works with Armenia, Azerbaijan, Belarus, Georgia, the Republic of Moldova and Ukraine.


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