back to the newletter
President Aliyev Issues a Decree on the Agricultural Sector’s Management Structure, Appoints New Minister of Agriculture
President Aliyev issued a decree on Saturday that aims to improve the management structure in the agricultural sector. The restructured Ministry of Agriculture will play a role in the executive power's central body, implementing the state policy and regulating economic relations in the agrarian sector.
The Agriculture Ministry incorporates the State Agency for Melioration and Water Conservancy, the State Veterinary Service, the State Service for Phytosanitary Monitoring and the State Agency for Agricultural Credits.
Some of these functions were handled by each entity as independent organizations, which, as the decree presents, resulted in inefficiency in the management the agricultural sector.
With another decree, President Aliyev appointed Ismet Abbasov as the new Minister of Agriculture.
Another presidential decree instructed the Ministry of Economic Development to establish a state owned joint stock company, Agro-leasing. The company will lease and sell agricultural machinery purchased with state funds. Drafts state budgets for 2005 and 2006 appropriate 100 billion and 150 billion manats (US$20 million and $30 million) respectively for this purpose.
Source: Interfax
back to the newletter
NOTICE
The newsletter aims to inform USACC's membership and its wider audience about important political and economic events in the country and the region. It will also serve to highlight business opportunities in Azerbaijan. This newsletter broadcast service is designed based on news stories that are written by news agencies, newspapers, respective authors, and other information sources. USACC owns and retains all intellectual property rights to this newsletter but does not claim ownership rights to all the news stories.
The content of the newsletter may not be copied, published or redistributed without the written permission of USACC or directly from the original source, when the author is not USACC. Please direct your questions or feedback to USACC at news@usacc.org
