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Azerbaijan exports foodstuff worth almost 55M manats

Business Materials 27 December 2017 11:29 (UTC +04:00)
OJSC “Procurement and Supply of Food Products” exported products worth 54.8 million manats in 11 months of 2017.
Azerbaijan exports foodstuff worth almost 55M manats

Baku, Azerbaijan, Dec. 27

By Anvar Mammadov – Trend:

OJSC “Procurement and Supply of Food Products” exported products worth 54.8 million manats in 11 months of 2017, says an article of chairman of the company’s Management Board, Abulfat Gojayev, published by Azerbaijan's official Respublika newspaper on Dec. 27.

The article says that 43,400 tons of agricultural products were exported during the period.

Enterprises, financed by the state budget, were provided with food products worth 85.5 million manats in 11 months of 2017, according to the article.

Most of the products were purchased from local producers, and there are 395 farmers and 276 companies among them, which means bringing a large amount of financial resources into their turnover, noted Gojayev.

The article says that the company also started paying advances from April 2017.

“We have received 309 appeals from goods producers so far. As a result of monitoring of appeals and verification of documents, more than 3.38 million manats of advance payment was given to 132 economic entities,” says the article.

President of Azerbaijan Ilham Aliyev signed an order establishing the Open Joint Stock Company “Procurement and Supply of Food Products” in April 2016.

(1.7001 manats = $1 on Dec. 27)

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