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Azerbaijani company discloses income from tobacco exports

Business Materials 6 May 2020 16:45 (UTC +04:00)
Azerbaijani company discloses income from tobacco exports

Baku, Azerbaijan, May 6

By Fidan Babayeva – Trend:

The subsidiary of the Azerbaijan Industrial Corporation (AIC), Azertutun LLC, has exported 99 tons of medium-quality processed tobacco to Indonesia under a contract with the Belgian company Tobacco Trade Services since the beginning of 2020, Director of the Agrarian Production and Trade Department of the corporation Ilham Bayramov told Trend on May 6.

"Moreover, raw tobacco worth $440,000 was exported to Russia and Ukraine," he said.

Bayramov noted that a great part of the exports accounted for Indonesia, the export to which was carried out for the first time.

"At the same time, from the beginning of 2020, 38 tobacco samples were pre-shipped to Germany, Belgium and Brazil for initiating the export," he said.

The director stressed that in 2019, the volume of exports from Azerbaijan to Russia, Belarus, Ukraine, Georgia and Poland amounted to 1,293 tons, of which 475 tons accounted for Russia. He added that earlier, there were certain delays in exports due to the cargo clearance procedure. However, with the company's accession to the Green Corridor system of the State Customs Committee in 2019, the shipment process became much faster and easier.

According to Bayramov, it is planned to increase the production volume of dry tobacco to 3,000 tons in 2020.

On August 10, 2017, Azerbaijan’s President Ilham Aliyev approved the state program on the development the production of tobacco and tobacco products in Azerbaijan for 2017-2021. One of its main goals is to increase tobacco productivity to 20 centners per hectare, expand the cultivated area of tobacco to 6,000 hectares and increase production to 12,000 tons of tobacco.

Azertutun company has 236 tobacco drying chambers and other necessary infrastructure in Balakan, Zagatala and Sheki districts of the country.

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