"We have signed a memorandum of understanding, as well as a road map, in which specific activities and deadlines for their implementation are shown. By making joint efforts, we will be able to effectively realize the potential that is laid down in the road map," Mammadov said.
He noted the high level of economic cooperation with Russia and stressed the intention to further develop it.
"It is enough to note that 759 companies with Russian share are functioning in Azerbaijan, which are represented in such areas as industry, construction, trade, banking and insurance, communications, transport and agriculture. Russian companies are contractors in eight state projects. Azerbaijani companies are also represented in the Russian market; today there are also the companies which are just starting to enter the Russian market," Mammadov said.
He noted that the Agency plans to improve cooperation with various associations of entrepreneurs.