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Turkmenistan prepares to harvest licorice root

Business Materials 24 February 2021 15:16
Turkmenistan prepares to harvest licorice root

BAKU, Azerbaijan, February 24

By Jeila Aliyeva - Trend:

Buyan Turkmenabat agro-industrial complex named After S. Niyazov of the Ministry of Health and Medical Industry of Turkmenistan is preparing to collect licorice root, Trend reports with reference to Golden Age electronic newspaper.

The production of licorice root will begin in March 2021.

To extract and process more than 17,000 tons of licorice root in the Lebap region.

Peeled pressed root, as well as extracts from it, have been exported to the US, China, Russia and many other countries in Europe and Asia for decades.

The export potential increased after the commissioning of a modern plant for processing root into dry licorice extract in Turkmenabat in 2008.

As reported, the state provides targeted support for the development of the agricultural sector in Turkmenistan. 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.

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

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