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Turkmenistan exceeds cotton harvesting plan

Business Materials 7 November 2020 11:04 (UTC +04:00)
Turkmenistan exceeds cotton harvesting plan

BAKU, Azerbaijan, November 7

By Jeila Aliyeva - Trend:

Turkmenistan has collected 1.250 million tons of raw cotton, with a plan of 1.50 million tons, Trend reports with reference to the Business Turkmenistan information portal.

This volume was collected for the first time. Previously, the country collected about 1.1 million tons of cotton.

This year, for the first time, it was decided to reduce the land for wheat and increase the cotton wedge in the country.

The state provides targeted support for the development of the agricultural sector in the country. In particular, the entire production infrastructure of the agro-industrial sector is being re-equipped and modernized, the chemical industry is developing, and modern tractors, combines, and other equipment are being purchased.

The country has created special agricultural land funds for growing agricultural products from arable land. Thus, land plots for up to 99 years are allocated from these funds for use by joint-stock companies, farmers, other legal entities and citizens of Turkmenistan.

Also, state purchase prices for wheat and cotton have been increased since 2019.

In addition, farmers, agricultural joint-stock companies and research institutes, farmers, private entrepreneurs and other agricultural producers can take advantage of preferential bank loans, including for the purchase of special equipment.

At preferential prices, farmers receive mineral fertilizers, high-quality seeds and chemical plant protection products.

Agriculture in Turkmenistan is developing rapidly. It is one of the most important sectors of the country's economy. The main types of agricultural crops grown on the territory of Turkmenistan are wheat, cotton, rice, sugar beet, fodder, vegetable, and fruits.

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Follow the author on Twitter: @JeilaAliyeva

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