TODAY.AZ / Business

Azerbaijan asks Japan for new grant to buy agricultural equipment

01 December 2006 [13:44] - TODAY.AZ
Azerbaijan's Agriculture Ministry has asked Japan for a new grant of $8 million to buy agricultural equipment.

This is required to develop Azerbaijan's rural economy and food industry. It will buy combine grain harvesters, tractors, etc. by means of a tender contest. The equipment will arrive in Azerbaijan in the second half of 2006.

Japan granted a total of AZN 14.2 million to Azerbaijan in six lots between 1997 and 2005. The money helped to buy 798 agricultural machines and lease them out to Azerbaijani farmers. The money accumulated from this in the Partnership Fund helped to buy 548 extra agricultural machines in 2004-2006. Turan

URL: http://www.today.az/news/business/33396.html

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