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USA INTERESTED IN AGRARIAN PROJECTS IN AZERBAIJAN

Business Materials 30 September 2005 13:17 (UTC +04:00)

The USA are interested in implementation of the agrarian projects in Azerbaijan. To this end, a visit of representatives of the Valmont industrial company to Baku on 3 October is expected, the Ministry of Agriculture told Trend .

The company’s representatives plan to launch implementation of 3 projects in Azerbaijan: on sugar-beet with Azersun Holding, with MKT and GTS on cotton-growing, the state structure noted.

Under the projects scheduled to start in the next year, 250 hectares is projected to allot under the sugar- beet and cotton, for growing of which, machinery and fertilizers will be delivered by the American company.

В"In case these measures are successful, the sowing area will be increased for 10,000-11,000 hectares”, the Ministry underlined.

On the very first day of the visit the meeting of the American company representatives with the Azerbaijan’s Agriculture Minister Ismet Abbasov is scheduled, during which measures, particularly, the ways for financing these projects will be discussed.

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