Azerbaijan, Russia’s Sverdlovsk region studying possibility of creating JV

  11 September 2019    Read: 1172
  Azerbaijan, Russia’s Sverdlovsk region studying possibility of creating JV

Azerbaijan and Russia’s Sverdlovsk region are negotiating to create a joint venture for the production of cranes, Azerbaijani Minister of Economy Shahin Mustafayev told reporters in Baku, AzVision.az reports on Sept. 11.

He said that the Sverdlovsk region has great potential in the field of machine engineering.

“The joint venture is planned to be created together with JSC Kalinin Machine-Building Plant,” Mustafayev noted. “Leading enterprises of Azerbaijan are also interested in this project.”

The minister also expressed hope that the negotiations will lead to progress in this issue.


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