Ilham Aliyev and First Lady Mehriban Aliyeva visited Alley of Martyrs on 32nd anniversary of 20 January tragedy

20 january 2022, 09:50

Thirty-two years have passed since the bloody 20 January tragedy. On 20 January – National Mourning Day, President of the Republic of Azerbaijan Ilham Aliyev and First Lady Mehriban Aliyeva visited the Alley of Martyrs on the 32nd anniversary of the bloodshed which was committed by the Soviet empire in Baku.

President Ilham Aliyev and First Lady Mehriban Aliyeva paid tribute to those who gave their lives for the country’s freedom.

President Ilham Aliyev laid a wreath at the “Eternal Flame” monument.

The national anthem of the Republic of Azerbaijan was played.

Sweegen Praises New Framework on Stevia Technology By International Food Safety Authority

Sets Global Example on Standards for Countries

Rancho Santa Margarita, Calif., Jan. 20, 2022 (GLOBE NEWSWIRE) — Sweegen’s health and wellness commitment through global sugar reduction solutions became stronger after Codex Alimentarius (Codex), the international food standard safety authority, recently adopted the specifications for all four stevia technologies, including Sweegen’s bioconversion.

“The new Codex framework is timely as the benefits of steviol glycosides, the sweet component in the stevia leaf, fit into the broader health and wellness narrative, which is something consumers want to see more of, and global food and beverage manufacturers want greater access to,” said Luca Giannone, senior vice president of sales.

The significance of the adoption is that there is now a more streamlined approach to regional adoption of new production technologies. This will provide greater access to less common and better-tasting steviol glycosides at scale and a more sustainable supply of the sugar-like tasting ingredients.

Sweegen’s support for adopting the “Framework for Stevia Technology” started four years ago as a member of the alliance group, the International Stevia Council (ISC). Adopting the framework was a stevia industry effort and collaboration internationally where Sweegen represented bioconversion technology.

“With this framework, most countries in the world will gradually adopt this standard, and our global stevia footprint can expand more rapidly into countries where we are seeking approval for offering our pure, clean, and great-tasting Signature Bestevia ingredients produced by bioconversion,” said Giannone.

Modern technology advancements, such as bioconversion, produce clean new generation sweetener molecules such as Rebaudiosides M, D, and E, originally found in small quantities in the stevia leaf. Unlike first-generation ingredients like Rebaudioside A, these rebaudiosides impart a clean sugar-like taste with a better sensory profile and are highly sought-after by food and beverage manufacturers in countries where they have regulatory approvals.

“The adopted framework is good news for brands that want greater access to Sweegen’s pure and clean tasting stevia ingredients, Rebs D, E, M, and more,” said Giannone. “By leveraging proprietary bioconversion technology, we start with the stevia leaf, and with the support of enzymes, produce a final product that is a single purified steviol glycoside (not a mixture) that naturally occurs in the stevia leaf.”

Under the new framework, all of Sweegen’s rebaudiosides are approved by Codex. Last year, Sweegen earned regulatory approval for its Signature Bestevia Reb M in Europe, which enables greater flexibility in satisfying regional preferences for sweetness and great taste.

“We welcome the adoption of the Codex framework and the opportunity to support our customers globally with new sugar reduction innovations,” said Steven Chen, Sweegen’s chief executive officer. “Sweegen is proud to be part of this collaborative effort to bring much-needed innovation to the food and beverage industry.”

About Sweegen

Sweegen provides sweet taste solutions for food and beverage manufacturers around the world.

We are on a mission to reduce the sugar and artificial sweeteners in our global diet.  Partnering with customers, we create delicious zero-sugar products that consumers love.  With the best next-generation stevia sweeteners in our portfolio, such as Bestevia® Rebs B, D, E, I, M, and N, along with our deep knowledge of flavor modulators and texturants, Sweegen delivers market-leading solutions that customers want, and consumers prefer. Be well. Choose well.

For more information, please contact info@sweegen.com and visit Sweegen’s website, www.sweegen.com.

Cautionary Statement Concerning Forward-Looking Statements

This press release contains forward-looking statements, including, among other statements, statements regarding the future prospects for Reb M stevia leaf sweetener. These statements are based on current expectations but are subject to certain risks and uncertainties, many of which are difficult to predict and are beyond the control of Sweegen, Inc.

Relevant risks and uncertainties include those referenced in the historic filings of Sweegen, Inc. with the Securities and Exchange Commission. These risks and uncertainties could cause actual results to differ materially from those expressed in or implied by the forward-looking statements, and therefore should be carefully considered. Sweegen, Inc. assumes no obligation to update any forward-looking statements due to new information or future events or developments.

Attachment

Ana Arakelian
Sweegen
949-709-0583
ana.arakelian@sweegen.com

Uzbekistan shares domestic COVID-19 data for January 19

Uzbekistan has confirmed 1307 new COVID-19 cases on January 19, 2022, with 734 patients recovering from the disease, and 4 people dying, Trend reports with reference to the Ministry of Health.

In particular, 568 people with coronavirus were identified in Tashkent city, 194 people in the Tashkent region. In other regions: 31 people in the Andijan region, 31 people in Bukhara region, 51 people in the Jizzakh region, 12 people in Navoi, 55 people in Namangan region, 43 people in Samarkand region, 20 people in Syrdarya, 157 people in the Fergana region and 53 people in the Khorezm region.

Up until now, 209,578 people have been infected with coronavirus in the country, 201,246 of them have recovered. The recovery rate currently stands at 96 percent.

 

Source: Trend News Agency

Inflation accelerating worldwide: How Azerbaijan responds?

The acceleration of inflation is becoming global, remaining no more a problem of any particular country, Trend reports.

This is primarily due to the increase in world food prices in the context of the COVID-19 pandemic and adverse weather conditions in some countries.

The acceleration of world food inflation affects the growth of domestic consumer prices in an average of two months. The inflation’s global acceleration is also due to the lack of supply of goods in the face of a disruption in global supply chains and an increase in tariffs for international transportation, primarily container shipping, again in connection with the pandemic. Besides, energy products are becoming more expensive.

According to the World Bank, in 2021, energy prices rose by 77 percent year on year, while non-energy prices – by 20 percent. World food prices hit a 10-year high last year.

In Azerbaijan, the average annual inflation was 6.7 percent, food inflation – 8.1 percent, non-food inflation – 5.1 percent, and annual inflation – 12 percent.

Inflation in the country is caused solely by external causes. The lifting of restrictions imposed in connection with the COVID-19 pandemic affected the economy, and as a result, there was an increase in prices for products imported into Azerbaijan.

The country is taking consistent steps to mitigate the consequences of rising inflation. So, in 2021, the amount of subsidies for each ton of flour and flour products sold on the domestic market was increased. Besides, the deadlines for VAT exemption for the production of flour, bread and their sale were extended until 2024, and large grain importers were provided with soft loans at the expense of the Central Bank of Azerbaijan (CBA).

To prevent price manipulations in the sales market, the State Service for Antimonopoly Supervision and Control of the Consumer Market has determined the maximum allowable prices for flour and bread.

The wholesale price for a bag of flour of 50 kilograms was set at 35.9 manat ($21.1), the retail price for 650-gram and 500-gram traditional (round) breads – 65 gapiks (38 cents) and 50 gapiks (29 cents), respectively.

In order to prevent unreasonable changes in flour prices, as well as the weight and cost of traditional (round) bread, to control quality parameters in the consumer market, monitoring is regularly carried out, and necessary measures are taken to comply with antimonopoly laws. In case of detection of violations of the law, the State Service for Antimonopoly Supervision and Control of the Consumer Market will take strict measures.

Given the rise in prices for basic products in the world food markets, special attention is paid to the issues of food supply and food security of the country, reducing the level of dependence on imports.

To ensure the food security of Azerbaijan, it is planned to use the agricultural potential of the lands liberated from Armenian occupation [in the 2020 second Karabakh war]. The main priority in the field of agriculture is to achieve qualitative changes and increase productivity.

The relevant state bodies were instructed to submit proposals to the government on the Action Plan to strengthen anti-inflationary measures in a short time.

According to the CBA forecasts, inflation in Azerbaijan will slow down from mid-2022. The regulator expects that the stabilization of global inflation will reduce its impact on inflation in the country.

 

Source: Trend News Agency

Azerbaijan eyes holding clinical trials of Turkovac COVID-19 vaccine soon

Clinical trials for the Turkish vaccine against coronavirus – Turkovac are expected to be conducted in Azerbaijan in the near future, Health Minister Teymur Musayev told journalists on Jan. 20, Trend reports.

According to Musayev, the third phase of clinical trials for the vaccine is underway in Turkey.

Azerbaijan also signed an agreement [for conducting the trials], he added.

 

Source: Trend News Agency