Review of Azerbaijani agricultural sector for Dec. 1- Dec. 6, 2020

Business Materials 7 December 2020 09:34 (UTC +04:00)
Review of Azerbaijani agricultural sector for Dec. 1- Dec. 6, 2020

BAKU, Azerbaijan, Dec. 7

By Fidan Babayeva – Trend:

The information has been disseminated this week that the assessments will be carried out to explore the level of fertility of the Azerbaijani lands recently liberated from Armenian occupation, Director of the Institute of Soil Sciences and Agrochemistry of the Azerbaijan National Academy of Sciences Alovsat Guliyev told Trend.

“The soil in those territories will be explored with the participation of scientists,” Guliyev added. "Before the occupation, appropriate assessments were regularly conducted on these lands. The lands liberated from occupation are very fertile. Most part of Gubadli and Jabrayil districts are suitable for rainfed agriculture. It is possible to get abundant harvest from these lands."

Some 327,586 tons of cotton were handed over to the cotton processing centers in Azerbaijan by farmers till December 1.

In accordance with the data, farmers harvested 327,586 tons of cotton until December 1, which is by 32,586 tons more than last year.

Chairman of the Azerbaijani Association of Fish Producers and Exporters Zaur Salmanli said that the potential of the Sarsang and Sugovushan reservoirs of Tartar and Kalbajar districts could be used for the development of the fish industry in Azerbaijan in the near future.

It is also possible to use a cascade of reservoirs on the Araz River in the coming years to develop fish farming in the country.

Moreover, mulberry trees were planted this week in Agali village of Zangilan district, liberated from occupation.

About 400 mulberry trees were planted with the participation of employees of the ministry of ecology and natural resources and ministry of agriculture in compliance with the quarantine regime.

The volume of lending for agriculture and forestry, as well as fishing sector in Azerbaijan amounted to 552.2 million manat ($324.8 million) as of November 1, 2020, the Central Bank of Azerbaijan (CBA) said.

Short-term loans in the sector of agriculture, forestry and fisheries amounted to 36.2 million manat ($21.3 million) or 6.5 percent of the total amount of loans for this sector. Some 23.2 million manat ($13.6 million) of that amount were allocated in national currency while 13 million manat ($7.6 million) - in foreign currency.


Follow the author on Twitter: @Fidan_Babaeva