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Weekly economic review (May 15-19)

Analysis Materials 22 May 2017 15:56 (UTC +04:00)

Polish companies focus on Azerbaijani agrarian sector

The 23rd Azerbaijan International Food Industry Exhibition kicked off in Baku May 17 and run till May 19.

Some 331 companies from 28 countries have attended the exhibition this year, 70 percent of which are foreign exhibitors and 30 percent - local.

This year Poland’s stand is represented by 10 companies, four of which Metal-Fach, SaMASZ, Farmtrac and POM Augustow are producers of agricultural machinery.

At the same time, six more Polish companies - SweetBrands, Kaskat, EkoAronia, Maspex, Malwa and Contimax, operating in the food industry, are also represented at the exhibition.

“The Polish companies focus on the Azerbaijani market and the exhibition gives a good chance to analyze the market,” Polish Ambassador to Azerbaijan Marek Tsalka told Trend.

"Poland’s stand is not very big at the Azerbaijani exhibition this year, but it is still interesting," he said. “We organized the visit of the representatives of several different Polish companies to Azerbaijan to find a niche here.”

“The representatives of four Polish companies engaged in the production of agricultural machinery, namely, tractors, various harvesting machines, etc. arrived in Azerbaijan,” he said. “There are a lot of land plots difficult for processing in Azerbaijan and I think that this agricultural machinery is perfect.”

France ready to support development of Azerbaijan’s agriculture

Azerbaijan aims to develop its agricultural potential and France is ready to provide support in this, Ambassador of France to Azerbaijan Aurelia Bouchez said.

She made the remarks in Baku at a press conference attended by representatives of French companies specializing in horticulture, viticulture and winemaking.

“Despite the fact that currently, economic relations between the two countries are mainly concentrated in the energy sector, we see that Azerbaijan aims to diversify its economy and specifically, develop agriculture,” Bouchez said.

About 18 percent of all agricultural products made in the EU account for France, she noted, adding her country is ready to share its experience in agriculture with Azerbaijan.

The envoy said that representatives of seven French companies, specializing in horticulture, viticulture, winemaking and production of labels, came to Baku to participate in an agricultural exhibition.

"Tomorrow, members of our delegation will go to Azerbaijan’s regions to get acquainted with plants," Bouchez said, adding that in future France is ready to develop cooperation with Azerbaijan not only in winemaking but also in other sectors of agriculture.

The World Food Azerbaijan 2017 and CaspianAgro 2017 exhibitions are being held in Baku on May 17-19.

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