Page 52 - Azerbaijan State University of Economics

Emin Teymurov: Current State and Future Perspectives of Agricultural Exports of Azerbaijan: Bilateral
and Multilateral Aspects

Increasing the international competitiveness of agricultural products, ensuring the food
security and provision of population with high quality and safe food products are the
key directions of the agrarian policy of Azerbaijan. In order to encourage the production
of agricultural crops, producers are provided with subsidies from the state budget.

Soft loans, provided to agricultural producers by the National Fund for Entrepreneurship
Support of the Ministry of Economy and the State Service on Management of Agricultural
Projects and Credits under the Ministry of Agriculture, are important factor in boosting
agricultural production. “Agroleasing” OJSC focuses on the improvement of the
agricultural sector and supporting agropreneurship in the country through purchase and
leasing of agricultural machinery to local farmers on concessional terms and conditions.

In order to further increase production of agricultural products and accelerate development
of agropreneurship, the local producers of agricultural products have been exempted from
all taxes, except the land tax, till 01.01.2019. In addition, import and sale of breeding
animals, seeds and seedlings, fertilizers, pesticides, agricultural irrigation facilities,
machines, equipment and technology, as well as import of veterinary drugs have been
exempted from Value Added Tax.

Azerbaijan Export and Investment Promotion Foundation contributes to the national
sustainable development through stimulating exports in the non-oil sector, including
agricultural products, as well as promoting “Made in Azerbaijan” brand abroad.

Azerbaijan Investment Company was established to support the development of the non-
oil sector of the economy, including agriculture, via termed equity injection along with local
and foreign co-investors into the greenfield and brownfield projects in Azerbaijan.

E-Agriculture Information System has been established to prepare detailed ICT
(Information-Communication Technologies) strategy and its technical requirements for this
strategy for the upcoming years; establish the System for Identification and Registration of
Animals; create Veterinary Information System that will automatize the business process
of Veterinary Control Service; conduct trials on plant types and seeds, and establishment of
Trial-Monitoring Information System in order to control field activities from central office;
formulate the System of Soil Analysis in order to increase productivity, protect the quality
of land and to provide recommendations to farmers; develop electronic services in order to
provide ICT services (such as weather, crop health, the humidity of soil, also mobile/online
data on calendar/forecast for harvesting); elaborate the System of Plant Monitoring and

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