Hani Salem Sonbol: 'There is great potential for development of agriculture in Azerbaijan'

“The Government of Azerbaijan has made significant strides in diversifying its economy, recognizing the importance of nurturing sectors beyond traditional domains,” Hani Salem Sonbol, the International Islamic Trade Finance Corporation (ITFC) CEO, told Report.

According to him, among the sectors that hold immense development potential, the agriculture sector stands out as a strong candidate: “This sector plays a pivotal role in not only ensuring a steadily growing economy but also in fostering competitiveness on a global scale. Further enhancement of the competitiveness of agriculture sector products will open new markets and export destinations. Examples of these enhancements are modernization and expansion supply chain to increase productivity and yields to increase the supply capacity.”