Azernews.Az

By Amina Nazarli

Azerbaijan’s Economy Ministry plans to organize land auctions to lease plots of land for creating large farms.

After the reconstruction of Samur-Absheron irrigation system new lands of plot have been available for agriculture.

In this regard, the Ministry is going to rent 4.320 hectares in Khizi and 1.334 hectares of lands in Siyazan regions to use under large farms.

These areas will be used for production of plant products. Expanding cultivated area will increase agricultural production and improve food security of the country, according to the Economy Ministry.

Developing agricultural sector is one of the main tools for energy-rich Azerbaijan to diversify its national economy and develop its non-oil sector.

Agricultural sector plays an important role in providing the 9.6-million population's food security in a best way and increasing the country's export potential.

The agrarian reforms carried out in Azerbaijan guarantees the dynamic development of agriculture. The agriculture sector improved significantly, the new economic and property relations were formulated and the regulatory framework was improved.

The state has set a number of benefits for farmers as well. The producers of agricultural products were exempt from taxes other than for land.

To further develop agriculture, Azerbaijan needs modern equipment and a number of foreign countries are ready both for importing their production and creating joint enterprises in the country.

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Amina Nazarli is AzerNews’ staff journalist, follow her on Twitter: @amina_nazarli

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