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Azerbaijan and the International Fund for Agricultural Development (IFAD) have explored ways of developing cooperation as Azerbaijan`s permanent representative to the UN agencies in Rome Mammad Ahmadzade met with IFAD president Kanayo Nwanze.

They particularly exchanged views over current relations between the government of Azerbaijan and IFAD, and implementation of joint projects, Azertac reported.

Ahmadzade highlighted Azerbaijan`s economic potential, the role of agriculture in the development of the country`s non-oil sector and diversification of economy.

Nwanze hailed the attention paid in Azerbaijan to agriculture.

IFAD is an international financial institution and a specialized UN agency based in Rome - the UN's food and agriculture hub.

IFAD invests in rural people, empowering them to reduce poverty, increase food security, improve nutrition and strengthen resilience. Since 1978, it has provided about $15.8 billion in grants and low-interest loans to projects that have reached some 430 million people.

The agricultural sector is important not only for increasing Azerbaijan's export potential, but also for restoring and protecting the country's food security. Protecting the quality and price of food stuff produced in Azerbaijan and producing them in accordance with quality standards are among the top issues of the country's food security.

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