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Azerbaijan to give subsidy for raw cotton

Baku – APA-Economics. President Ilham Aliyev has issued an order on state support to the development of cotton-growing in the country.

APA-Economics reports that AZN 0.1 subsidy will be given to the cotton manufacturers for each kilogram of raw cotton sold to the processing enterprises.

 

The subsidy concerns raw cotton produced in 2016 and sold to the processing enterprises.

 

The Cabinet of Ministers is to set the rules on giving of subsidies agreeing with the Azerbaijani president within fifteen days and solve other issues arisen from the order.

 

 

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