Russia invested $4.9B in Azerbaijani economy - deputy PM

Mon 09 Dec 2019 10:14 GMT | 14:14 Local Time

Text size: bigger smaller

Russia has so far invested $4.9 billion in the Azerbaijani economy, said, Shahin Mustafayev, Deputy Prime Minister of Azerbaijan, co-chair of the Azerbaijan-Russia Intergovernmental Commission on Economic Cooperation.

He made the remarks at the 18th meeting of the intergovernmental commission in Baku Monday, AzVision.az reports.

Mustafayev said that Azerbaijan’s direct investments in Russia amounted to $1.2 billion up to now.

The trade turnover between the two countries is growing year by year, the deputy minister said, adding that as many as 950 companies with Russian capital are currently operating in Azerbaijan.

News.Az

Printer

Commentary

Most read articles

More from Economy

In The Region

Editor's Picks

Azerbaijan Cuisine

Explore the food of Azerbaijan - from sherbet to succulent kebab, from baklava to fragrant pilaff

Follow us

Find us on Facebook



Real estate

Virtual karabakh