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Turkmenistan plans to conclude agreements on procurement of silk raw materials

Business Materials 13 March 2021 10:40 (UTC +04:00)
Turkmenistan plans to conclude agreements on procurement of silk raw materials

BAKU, Azerbaijan, March 13

By Jeila Aliyeva - Trend:

The Ministry of Agriculture and Environmental Protection of Turkmenistan, together with the municipal administrations of the regions, plans to conclude contracts on the procurement of silk raw materials and provide farmers and other producers with seeds, Trend reports, citing the State News Agency of Turkmenistan.

Turkmenistan is preparing for the cocoon production season.

It is planned to produce 2,100 tons of silkworm cocoons in Turkmenistan as a whole this year.

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 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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