MOSCOW: The trade turnover between Azerbaijan and Russia reached 2bn in 2014. In January-April of this year it grew 11% compared to the same period of the last year.
Oxu.Az reports citing the Export and Investment Promotion Foundation that the statement came from Deputy Minister of Economy and Industry Niyazi Safarov at a working meeting between Azerbaijan and Russia.
“Nearly 600 Russian companies work in Azerbaijan. Azerbaijan and Russia have so far held more than 30 different events in economic sphere, including five interregional forums”, the deputy minister said.
In turn, chairman of the Astrakhan government, vice-governor Konstantin Merkelov informed about the economic opportunities of Astrakhan and said that the projects implemented in Astrakhan often cover the industrial sphere. He said both countries have a great potential for expansion of cooperation.
