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Azerbaijan food export set to help from EU

Azerbaijan is able to master an important part of the food shortfall in Russia resulted through the embargo on food import from Europe, said Dmitry Savelyev, Deputy Chairman in the State Duma Committee on Financial Markets, Rosbalt reported.

Experts believe, agricultural products from Azerbaijan have always been in demand inside the markets of neighboring countries, currently the issue of fruit and vegetable exports is about the agenda one of the primary in the country.

"Today, Europe losses in the ban on agriculture export to Russia are estimated at 5 6 billion euros, Savelyev said. may master the essential part of this number of product exports   to the mutual advantage of both our countries. vegatables and fruits by the ratio of "price quality" are first rate for the Russian consumer. is not any doubt actually attractive to its taste and environmental quality than similar products Ray Ban Wayfarer 90% off from Asia, often filled up with chemicals, or even the European fruit and vegetable products, cultivated inside the unnatural human conditions in greenhouses or on hydroponics," he stressed.

The development rate of agriculture in Azerbaijan has reached 48.9 %. That is significantly greater than the world's average throughout the last decade.

Officials declared 2015 to be Azerbaijan's year of agriculture, a definite sign that this state will place a strong focus on the development of the nation's agricultural capacity and ability.

Today, this sector employs 37 percent in the working population in the nation. Farmers are exempt from all of taxes, except land tax. Within the last years farms have greatly modernized their equipment, cattle pedigree and developed formerly barren lands.

Based on 2014 state data, over Sixty percent of concessional loans issued by the National Fund for Entrepreneurship Support, focused on the production and processing of agricultural products.

Today, just how much self sufficiency for most food items nomenclature varies between 76 98 percent. Moreover, vegetables and fruits are produced excessively.

Last year, Azerbaijan exported vegetables and fruits in the amount of $291 million, that's 16.1 % higher than in 2013.

This season, the country is getting ready to at least double its exports to Russia, and expand its product selection Ray Ban outlet online by one and a half.

In the light on depreciating oil prices, Azerbaijan has pushed for that diversification of their economy to Ray Ban sunglasses discount reduce its reliance on oil revenues.

Such strategy has been beneficial as Azerbaijan has become able to increase non oil revenues, thus reducing its economic dependence and vulnerability.

Since it currently stands Azerbaijan has greatly Ray Ban Wayfarer improved its food export potential.

Russia, which announced a ban on EU products, has stated to be considering developing stronger trading relations with Azerbaijan, specially in regards to fruit and veggies.

Azerbaijan's geographic position constitutes a strong competitor as transportation cost might be kept low in comparison to Africa, Asia and Latin america.

The Russian government has already offered Azerbaijani investors to join in the construction of logistics centers for agricultural products in the south along with the central region of Russia.

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