Russian investments in Azerbaijan reach almost $4B

  17 November 2017    Read: 1553
Russian investments in Azerbaijan reach almost $4B
Investments of Russia’s entrepreneurs in Azerbaijan’s economy have reached $3.7 billion, Azerbaijani Deputy Economy Minister Sahib Mammadov said at an Azerbaijani-Russian business meeting in Baku Nov. 16.
He noted that Azerbaijan, in turn, has invested over $1 billion in Russia’s economy.

“Russia is one of Azerbaijan’s main trading partners,” Mammadov said. “It’s no coincidence that the country’s first trade mission was opened namely in Russia. This shows the importance we attach to our relations with Russia.”

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