this pressure has also affected our economy. in this regard, in february last year, the cabinet of ministers issued a decree on the objectives of minimizing the impact of inflation on business activity and the social welfare of the population with this goal in 23 in the state budget to ensure food security were. uh had an increase of 40% the government is also implementing large-scale government programs aimed at developing the agricultural sector. in particular, work is underway to increase the volume of agricultural production the system of state support for the agricultural sector is being improved.

the mechanism for issuing various subsidies to farmers, which covers both sowing and harvesting of agricultural products, works with good returns. thanks to the work done, the volume of agricultural products in azerbaijan in the twenty-second year increased by 3-4% in numbers - this is 6 1/ 2 billion dollars in may this year, agricultural production increased by five point two percent. . serious work is underway to create stocks of basic foodstuffs. not very popular restrictive measures were also taken on the export of basic products, as a result of which the government managed

to provide the population with food products. taking into account external challenges in recent years, wheat has become the most subsidized crop of agriculture in azerbaijan . we have increased the amount of the subsidy for each ton of flour and flour products sold on the domestic market. imports of wheat have also been increased, and the production and sale of wheat flour and bread

are exempt from vat. in addition, loans are issued at very low interest rates. in parallel, measures are being taken to increase the size of the state grain fund and the formation of food security for this very purpose in october 21. in the midst of a presidential pandemic , an agency of state reserves was created for the president of azerbaijan . one of the main goals of the agency is the formation of stocks of basic food products included in

the minimum consumer basket, as well as , if necessary, unreasonable prices and price volatility in the markets, we intervene in the domestic market. in january of this year, the government released from customs after grain and grain products imported for security. dear colleagues, azerbaijan is ready to further develop cooperation and share its experience with our partner members in the field of agriculture, which are the cornerstone of food security. we are actively analyzing and watching with interest the processes that are taking place in the eurasian

space. confirmation of this i would like to say about the participation of the president of azerbaijan last month at the invitation of the president of the russian federation vladimir putin , several issues were discussed at the supreme economic council of states, e.g. on transport and logistics issues. uh, azerbaijan has been for a long time, and now it is more actively involved, uh, in transport corridors, west east, north the south, as well as the middle corridor, taking into account the demand, gives the greatest demand at the current moment, an increase in flows along the north-south routes. we have increased our potential in this direction and are increasing investments in the necessary transport infrastructure.

a few words on energy transit and energy issues, azerbaijan is an energy-provided country - this is well known . in this regard, i would like to say that azerbaijan has seven transport transit oil and gas pipelines. we e to world markets we export oil for a long time, since the age of 21, we have entered the european gas markets. we will build up this process, but the main priority today is, as in many other countries, the state. what colleagues were talking about. here, the renewable green energy potential of azerbaijan both on the caspian sea and on land, uh, and wind solar energy is about 200 gb

. we began to really really master these processes, collecting with the world's leading, uh, branded companies. we are already participating in three processes at the same time on transit transportation of these energy resources, azerbaijan, together with georgia, romania and hungary, which has joined in, are preparing e, trans- issues for the transportation of these resources. a lot has been said about the overall economy, dear colleagues in terms of gdp growth, we are simply growing a little slower, but at the expense of our own resources, and apparently for a long time azerbaijan is one of the smallest ones, probably six and a half of our foreign exchange

reserves exceed more than 10 times foreign debt, dear colleagues you have members thank you for your attention and gratitude to the organizers. dear ali and dai from ogly, thank you so much for your speeches cuba is the only country in the world that is an observer in the eaeu, outside of eurasia in 2018, the cuban government signed a memorandum of understanding, and in december 21, a plan of joint activities for 21- for 25 years , cooperation between cuba and the eu has been developing in 34 areas. the main areas of interaction are food . energy security; investments in industrial and technological development;

industry training human resources tourism, inviting to the microphone the prime minister of the republic of cuba, manuele marera cruz, mr. cruz, please. to the prime minister dear mr. mikhail mishustin prime minister of the russian federation and guests we are deeply grateful for the opportunity to participate in this eurasian congress, which is of particular importance in

the current international situation, representing difficult visa requirements for our countries, today's national regional and deep visas force us to look for a solution and projects implemented in favor of economic cooperation on decisive strategic topics for the development of technical finance in transport and logistics infrastructures. yo-my english to expand their trade, economic and investment associations with other regions of the world dynamic development, such as latin

america and the caribbean region of cuba as an observer country can play you decide, taking advantage of their dual membership during their organizations between a strange member and a eurasian, organization and economic complementarity.

there are huge opportunities for the development of trade, investments and economic cooperation between the countries of the eurasian economic union and cuba, which both president of the republic of cuba miguel diaz-conel and i put at the disposal of the member countries of the union in our speeches before the supreme council and before the intergovernmental eurasian council within the framework of efforts to build complementarity and project design. creation of an industrial park in

the passive zone of the development of the seas, a distant park can be attracted by investors from different various sectors, among which are designated as priority forms, the heart and biotechnology industry, transportation, north mechanical industry, renewable energy and food production, your excellency. we also coincide in the main working direction such as the information society, aimed at digitalization. in order to promote the creation and transfer

and knowledge for the joint development of alternative platforms before sanctions by unilateral measures and blockades that some states impose on our talented state, dear friends, before finishing even because of believing that for cuba this is a kind of opportunity to get acquainted with the experience of the colleagues of the eurasian economic union on such topical strategic topics as those discussed today, here, aimed at for development and bless the state of our peoples and countries. we also reaffirm the unearthly determination of the gulf by cooperation of directions for the development of the european economic. integrations on the period up to 2025, and also to work

on the implementation of joint pran cooperation 2021-2025 for the implementation of the memorandum, understanding and the eurasian economic commission, which fully coincides with the economic development of our country for the period up to 2030, dear colleagues. i confess we are returning from being satisfied with the results achieved and more compromising in front of which we are, as an observer state forever and rely on cuba, our country is small, but worthy, free and independent, which shared what they have there is a big thank you to mr. cruz for

an interesting presentation. uzbekistan is one of the key elements of the mosaic of economic cooperation in eurasia in recent years , rapid socio-economic reforms have been implemented in the country, and foreign investors are showing great interest in the republic. in the past 5 years , the average annual investment has doubled uzbekistan is in the top 15 countries in the world in terms of reserves and production of gold copper uranium uzbekistan is a regional leader in the growth of the air transportation market over the past year national airlines transported twice as many passengers as a year earlier i invite to the microphone i answer aripov, prime minister of the republic of uzbekistan dear participants of the eurasian

congress, ladies and gentlemen, it does not give great pleasure to greet my colleagues and all participants in the plenary sessions of the eurasian congress, which is taking place in the beautiful city of sochi, first of all i want to express my gratitude to the chairman of the government of the russian federation dear mikhail vladimirovich mishustin and chairman of the board of the eurasian development bank dear nikolai radivich podguzov for the invitation to take part in this event. eurasian congress, which brought together many representatives of state bodies of the communities. the financial institutions of the scientific community today are an important platform for

developing new ideas and practical measures aimed at the development of the countries of the eurasian space, complex unpredictable processes. as my colleagues have already said before me. then the global economic problems continue to grow rapidly , the processes of climate change and environmental threats cuts natural resources, in order to ensure a decent life for current and future generations in such difficult conditions , it is necessary to direct even more investments in new technologies and projects as a result of large-scale reforms initiated 6 years ago under the leadership of the president of the republic of

uzbekistan dear shavkat mironovich. his image of our country has radically changed. in recent years, measures have been successfully implemented to liberalize the country's economy, create broad opportunities for entrepreneurs to ensure the rule of law and strengthen legal guarantees in the areas in these areas in particular. we have made significant progress in creating the most favorable uh favorable fiscal system. so, for example, the value added tax rate, reduced from 20% to 12% , income of foreign investors in the form of dividends on shares of exemption from income tax for a period of 3 years for them, the income tax rate has been reduced almost twice to 12%. further liberalization measures. foreign trade

, customs duties on raw materials and goods have been zeroed more than 7.000 names. a simplified procedure for processing raw materials to the customs territory has been implemented 500 state functions for business regulation have been abolished 70 more functions have been transferred to the private sector on the basis of public-private partnerships and outsourcing as part of the reforms an integrated system of work with investors has been introduced initiating a project before launching it on a one-stop basis. for foreign investors, the conditions for acquiring real estate, entry and exit and living in uzbekistan, important measures have been taken to ensure

guaranteed judicial protection of their rights with growing confidence in our reforms, annual foreign investment has tripled compared to the seventeenth year and reached $ 10 billion as a result of the recognition of a favorable business climate in the country, the number of entrepreneurs. overall, it has quadrupled with about 100,000 new businesses created. we continue systematic work to improve the e-business climate in the republic and create even more favorable conditions for investors in order to strengthening economic ties with neighboring countries. we set up a joint and investment. the funds have launched a number of major projects.

we are interested in further strengthening bilateral and multilateral mutually beneficial partnerships, as well as opening up new business opportunities for all interested states, including the cis countries ladies and gentlemen, our dear moderator provided information on the reserves and extraction of minerals uzbekistan, as you know, uzbekistan is among the 20 countries of the world with large reserves of minerals, but i would like to note that uzbekistan has great prospects in the development of renewable energy sources. we will continue, we continue the consistent course of transition to the green economy in our country , large projects are being implemented for the construction of solar and wind power plants, only this year more than 2 gb of capacity will be introduced, and next year. 8 gb in total by 2030, we have planned to increase the share of renewable

sources. uh in the production of electrical energy up to 40% nikolai radionovich. also noted the growth of the market. indeed, in the process of our reforms, air transportation in uzbekistan opened up wide opportunities for the private sector in a number of sectors of the country's economy, including in the aviation sector, which was previously considered one hundred percent state-owned. with the formation of five private airlines transfer airport e, samarkand a. now we are going to transfer three more airports to external management. the frequency of flights has increased 2.5 times this year, we will also transfer it to the private sector. managed by andijan namangan bukhara dear participants

congress, we give priority to raising industrial development to a new level for these purposes, we create all the necessary conditions for investors, actively develop technology parks, industrial zones, provide additional references, we already have positive experience with our neighboring countries, increase economic cooperation, the industrial industrial sector has all the prerequisites for a bigger leap by increasing the volume of production, at least two times. ready for the joint development of modern technologies and innovations on the principle of complementarity of our economies today uzbekistan is fully open to foreign investment. we give priority to the formation of the most favorable investment climate in our country, the creation of the necessary

conditions for the effective operation of foreign companies in the market of uzbekistan , i am sure that further building up economic and investment ties between uzbekistan and partner countries will give additional impetus to cooperation in all areas. i would like to wish all participants eurasian congress productive work of new promising initiatives and success. thank you dear abdullangmatovich thank you for your interesting speech, dear participants of the eurasian congress , an interesting and meaningful discussion took place today at a high level, the discussion confirms the importance of the topic. for all countries, without exception, from a new angle challenges and solutions for the development of the economy of the eurasian region were considered, there were proposals for interesting ideas dear leaders government. thank you for e. your

proposals the eurasian development bank is at your complete disposal to speed up their preparation and practical implementation. allow me to thank our speakers, as well as all the participants in the plenary session, for the discussion. thank you very much. the meeting of the third eurasian congress, but we continue further , the one-on-one program with anna lazareva will continue today, the director of the agency for strategic initiatives has become her guest. svetlana chuvashev. watch after the ad. sbermarket will deliver everything you need even out of town olives and black olives from a ribbon online from 89 rubles 99

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