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Azerbaijan's companies strike deal to export hazelnuts to Italy

Business Materials 26 February 2020 17:43 (UTC +04:00)

BAKU, Azerbaijan, Feb. 26

By Fidan Babayeva – Trend:

Several big Azerbaijani hazelnut-producing companies were invited by Italian companies to Italy for discussing bilateral cooperation affairs, Azerbaijan Hazelnut Producers and Exporters Association President Ismail Orujov told Trend.

According to him, during business forum held in Italy on February 21, agreements on mutual co-operation have been signed between the sides. The export is intended to be realized in September.

"In May 2020, we’ll know the potential yield volumes and then start realizing the export," said Orujov.

Orujov noted that the local entrepreneurs supported by Azerbaijan Export & Investment Promotion Foundation (AZPROMO) would take part in various exhibitions, i.e. in France, Russia and China.

"After the International Food Exhibition Gulfood-2020 in Dubai, AHEC and Azhazelnut signed agreements on hazelnut export in the current year with Egyptian, Pakistani and Italian companies. The export is intended to be started as early as September this year," emphasized Orujov.

A total of $125 million hazelnut was exported from Azerbaijan in 2019. Most of the hazelnut orchards are in Gakh, Zagatala, Balakan districts.

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